$2,975,000

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 $441/sqft
  • Property List Date Icon Listed 5 months 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. 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

Listing Status:
Active
Date Added:
December 1, 2025
Data Last Updated:
May 20, 2026 at 7:06AM
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
  • County: Los Angeles
  • Zoning: CCR4YY4208022006

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

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