3826 Prospect Ave , Culver City, CA 90232
$2,965,000
Est. Payment: $14,973.94/mo
13 Bed
12 Bath
6749 Sqft
Status: active | Days on site: 197
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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 5.92% Cap Rate and 12.04 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.

Highlights

Listed by Noam Srolovitz , 310-912-7808 and Benjamin Lester , 310-691-6199 Kape Property Management, Inc. , 310-912-7808. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1968

County

Los Angeles

Area

C28 - Culver City

Listing ID

25623749

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:13
  • Bathrooms:12
  • Full Bathrooms:0
Appliances:Dishwasher, Refrigerator, Dryer, Washer
Other:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:11
Zoning:CCR4YY
Others:2+ Total Units
Parking Features:Assigned
Principal Interest
$14,974
Taxes
$1,890

Home Price

$2,965,000

Loan Details

30 yrs
6.488%

Down Payment

20%
$593,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,973.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,973.94 $1,890.19 $0.00 $16,864.13
Yearly $179,687.27 $22,682.25 $0.00 $202,369.52
Total $5,390,618.06 $680,467.50 $0.00 $6,071,085.56

Today's Rates

30 Year

6.49%

20 Year

6.4%

15 Year

5.96%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Culver City, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T06:37:48.000Z

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