$3,150,000

3826 Prospect Avenue, Culver City, CA 90232

  • 6,749 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $467/sqft
  • Property List Date Icon Listed 4 days ago

Property 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. Unit 1 is currently vacant, with financials reflecting projected market rent. 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 5.45% Cap Rate and 12.89 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 nic

Listing Status:
Active
Date Added:
December 1, 2025 at 06:00AM
Listing Office:
Kape Property Management, Inc. : 310-912-7808
Listing Agent:
Noam Srolovitz : 310-912-7808
MLS ID:
CL25623749
  • Appliances: Dryer
  • Laundry: DryerWasher
  • Heating: Wall FurnaceOther
  • Parking: Assigned
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: CCR44208022006
  • Source: CRMLS

This listing courtesy of Noam Srolovitz, Kape Property Management, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

La Ballona Elementary School

10915 Washington Blvd, Culver City, CA, 90232

Grades KG-5

0.14 miles away

C

Culver City Unified School District Iacademy

4601 Elenda St Cp Annex, Culver City, CA, 90230

Grades KG-12

0.76 miles away

C

Culver City Unified School District Iacademy

4601 Elenda St Cp Annex, Culver City, CA, 90230

Grades KG-12

0.76 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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