3826 Prospect Avenue, Culver City, CA, 90232

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$2,870,000
5 Days On Site

3826 Prospect Avenue
Culver City, CA 90232

For Sale|Residential Income|Active
12
Beds
12
Total Baths
6,749
SqFt
$425
/SqFt
1968
Built
County:
Los Angeles
Listed by Gianluca Jacoli of Shield CRE, Inc. [email protected]
3826 Prospect Avenue3826 Prospect Avenue3826 Prospect Avenue3826 Prospect Avenue
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Monthly Payment (Est.)

$13,094
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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 12.24 and cap rate of 5.65% and a pro-forma cap rate of 6.54%. 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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Listing Snapshot
Price 
$2,870,000
Days On Site 
5 Days
Bedrooms 
12
Inside Area (SqFt) 
6,749 sqft
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1721 Acres
Year Built 
1968
MLS® Number 
25549265
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
0.1721
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
11
Special Circumstances 
Standard
SqFt Total 
6749
Stories 
Two
Zoning 
CCR4YY
Interior Features
Laundry Features 
Laundry Room
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Community Features
MLS Area 
C28 - Culver City


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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