3826 Prospect Avenue, Culver City, CA 90232

  • $2,995,000
  • $3,100,000
3826 Prospect Avenue, Culver City, CA 90232
Active
3826 Prospect Avenue, Culver City, CA 90232
3826 Prospect Avenue, Culver City, CA 90232
  • $2,995,000
  • $3,100,000

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.

  • Address 3826 Prospect Avenue
  • City Culver City
  • State/county CA
  • Zip/Postal Code 90232
  • Country US

Details

Updated on February 27, 2026 at 6:23 pm
  • Property ID: 25623749
  • Price: $2,995,000
  • Property Size: 6749 Sqft
  • Land Area: 0.1721 Acres
  • Bedrooms: 13
  • Bathrooms: 12
  • Garage Size: x x
  • Year Built: 1968
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Heating: Combination,Wall Furnace
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: Assigned

Contact Information

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