3272 Fay, Culver City, CA 90232

$1,200,000

Est. payment /mo

$1,200,000

Est.Price: ?

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3272 Fay Culver City, CA 90232

5 Beds

4 Baths

4,840 Sqft Lot

SOLD DATE : 09/17/2026

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW26152845

Sold Date 09/17/26

Bedrooms 5

Lot Size 4,840 Sqft

Property Sub-Type Res Income 2-4 Units

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

Zoning Public Rec

Direction Washington Blvd X Fay Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4312021020

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

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MLS Router / San Diego MLS
Listed by Stephen Ceausu, DRE#02099019 Stephen P Ceausu, Broker 
Bought with Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

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Broker License ID: 01932176

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