3852 Prospect Avenue, Culver City, CA 90232

• 7 beds
• 3,512 sqft

Property Description

3852 Prospect Avenue presents an exceptional opportunity to acquire a four-unit value-add multifamily property located in one of Culver City's most desirable submarkets. Originally constructed in 1926, this vintage apartment community offers investors a rare combination of oversized floorplans, timeless architectural character, and meaningful embedded rental upside all within a highly walkable, transit-oriented Westside location. The property totals approximately 3,512 gross square feet situated on a generous 7,502-square-foot lot, featuring a unit mix of one spacious one-bedroom, one-bathroom residence and three two-bedroom, one-bathroom units. Each unit offers the added convenience of an in-unit washer and dryer, a highly sought-after amenity that distinguishes the property from competing vintage multifamily product in the submarket.3852 Prospect Avenue remains largely in its original condition, presenting new ownership with a true value-add opportunity to modernize interiors and common areas while preserving the building's 1920s charm. In-place rents currently reflect approximately 20% loss-to-lease, providing substantial organic rental upside in addition to the premiums achievable through a thoughtful renovation program.The property also features a freestanding rear carport with four parking spaces, offering a compelling opportunity to explore an ADU conversion or broader redevelopment strategy, subject to buyer verification and applicable approvals. Combined with the oversized units and generous lot size, the existing configuration provides multiple avenues for enhancing the long-term value of the asset. Beyond its physical attributes, 3852 Prospect Avenue benefits from an exceptional Culver City location surrounded by one of the Westside's most significant concentrations of technology, entertainment, media, and creative employment. Residents enjoy convenient proximity to major employers including Sony Pictures, Amazon Studios, Apple, The Culver Studios, and the Hayden Tract, alongside Culver City's rapidly evolving dining, retail, and lifestyle amenities. The property is located approximately a seven-minute walk from the Palms Metro E Line Station, offering direct connectivity to Downtown Santa Monica, Downtown Los Angeles, and key employment centers throughout the Westside. Culver City has emerged as one of the region's most dynamic rental markets, driven by its central location, expanding employment base, and increasingly vibrant live-work-play env

Listing Status:

Active

Date Added:

September 9, 2026

Data Last Updated:

September 22, 2026 at 8:06PM

Listing Office:

NorthMarq Realty Services, Inc. : 949-717-5200

Listing Agent:

Elliot Hassan : 310-488-7226

MLS ID:

CL26986297

Interior

• A/C: No Air Conditioning
• Heating: None

Exterior

• Parking: Parking spaces: 0

Location

• County: Los Angeles

Lot

• Zoning: CCR4YY4208022011