Link Copied
Listed price in listed location currency (USD).
$2,975,000

131211

MLS® 25623749

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6749 sqft
Garage 
Taxes 
Days Active 135
Lot Size 
Approx. Age 1968
Avg. Price Per Sqft $440
MLS® Number 25623749

Property Address: 3826 Prospect Ave, Culver City, CA, 90232-3856

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present this 7-unit turnkey gem in the heart of Culver City, offering a perfect blend of stability, style, and upside potential! This asset comprises an attractive, extra-large unit mix consisting of two 1-Bed/1-Baths, four 2-Bed/2-Baths, and one 3-Bed/1-Bath. On title, unit 1 is shown as a studio, but is configured as a 1-bedroom apartment. The remaining units are occupied by long-term tenants paying near-market rents, providing reliable income with room for steady rent growth. Four of the seven residences have been fully remodeled with designer-quality finishes, while the remaining three are in good condition and require only minimal updates. The property boasts strong in-place performance with a 5.85% Cap Rate and 12.17 GRM, offering immediate returns and long-term appreciation potential. Residents benefit from 11 on-site parking spaces, and the building generates additional income from on-site laundry. The building is impeccably maintained with no deferred maintenance; the roof remains under warranty, and upgraded electrical systems meet top insurance standards. Additionally, Planning Department-approved plans for two ADU's, currently under Building Department review, provide a nice opportunity to expand income and enhance future value. ***Property requires seismic retrofit, ADU plans may satisfy retrofit requirements. Buyer to verify**. This prime location is just minutes from Downtown Culver City, with convenient access to the 405 and 10 freeways. Situated just blocks from a vibrant shopping center featuring local favorites, this is a highly attractive setting for residents seeking convenience and lifestyle.
MLS® Number25623749
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1968
Basement
DrivewayAssigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 1, 2025List Date
$2,975,000List Price
Aug 30, 2025End Date
$2,605,000Sold Price

Sold

Jun 9, 2025List Date
$2,690,000List Price
  • Commute

Commute

Starting Address
Destination Address
3826 Prospect Ave, Culver City, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties