3272 Fay, Culver City, CA 90232
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3272 Fay, Culver City, CA 90232
3272 Fay, Culver City, CA 90232
3272 Fay, Culver City, CA 90232
3272 Fay, Culver City, CA 90232
Listed by Stephen Ceausu, DRE #02099019 • Stephen P Ceausu, Broker
Bought with Cameron Samimi

$1,200,000

Est. payment /mo

$1,200,000

Est.Price: ?

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3272 Fay Culver City, CA 90232

4,840 Sqft Lot

SOLD DATE : 09/17/2026

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW26152845

Sold Date 09/17/26

Year Built 1961

Lot Size 4,840 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Exceptional investment opportunity in the heart of Culver City. This well-maintained fourplex offers strong current income with significant upside potential. The property consists of three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, generating current rents of approximately $6,434 per month, with estimated market rents exceeding $8,400 per month. Two of the lower units have been extensively remodeled within the last two years and feature newer windows, providing immediate value and reduced maintenance costs. The property is occupied by stable, long-term tenants, creating reliable cash flow while allowing investors to capture future rental upside. Parking is a major advantage, with five dedicated parking spaces located at the rear of the property and the potential to create two additional parking spaces in the front. Additionally, the City has indicated that an ADU may be possible, offering investors another opportunity to increase income and maximize the property's potential. Whether you are looking to expand your portfolio, execute a value-add strategy, or secure a long-term asset in a desirable rental market, this fourplex presents a rare combination of stable income, rental growth potential, and future development opportunities.

Location

State CA

County Los Angeles

Area C28 - Culver City

Interior

Cooling Other

Laundry None

Exterior

Parking Features Assigned Spaces, Other

Pool None

Building

Water District - Public

Others

Tax ID 4312021020

Special Listing Condition Not Applicable

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