3826 Prospect Avenue, Culver City, CA 90232
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
3826 Prospect Avenue,Culver City, CA 90232
$2,690,000
- 12 Beds
- 12 Baths
- 6,749 sq. ft.
- Multi-family
- Active
Listed by:gianluca jacoli
Office:shield cre, inc.
MLS#:25549265
Source:CRMLS
Price summary
- Price:$2,690,000
- Price per sq. ft.:$398.58
About this home
Price Reduced! Get ready to jump on an incredible opportunity in the heart of Culver City! Family owned and managed, first time on the market in 49 years. A short distance from Sony Studios and the vibrant energy of Downtown Culver City! Your future tenants will love the easy access to hot spots like One Culver, Culver Steps, Erewhon, Amazon Studios, NFL Network, Equinox Culver City, and Ivy Station. This prime location ensures high demand and continued appreciation. Offered at a current GRM of 11.37 and cap rate of 6.19% and a pro-forma cap rate of 7.06%. This property offers an outstanding unit mix designed to attract a variety of tenants, including one spacious 3-bedroom/2-bathroom unit, four comfortable 2-bedroom/1.75-bathroom units, one 1-bedroom unit, one large Single unit with a private patio and one large office/storage room which is rented but may be delivered vacant. Tenants benefit from 11 on-site parking places and you'll enjoy supplemental income from the on-site laundry. As an added plus, four of the seven units have undergone extensive and tasteful renovations within the past several years. You will also benefit from a low expense ratio on this well maintained property which includes a high quality double layer roof with a warranty that extends to 2037. With 6,749 SF of living area on a generous 7,495-SF lot and CCR4 zoning, this Culver City gem is truly a long-term investment you won't want to miss. It's an opportunity to secure a high-performing asset in one of the most desirable locations!
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Home facts
- Year built:1968
- Listing ID #:25549265
- Added:108 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Living area:6,749 sq. ft.
Structure and exterior
- Year built:1968
- Building area:6,749 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,690,000
- Price per sq. ft.:$398.58
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