3272 Fay Avenue

Culver City CA 90232

4840 sq. ft.

Multi-Family

Last sold for $1,200,000

Stephen Ceausu, last sold this property on 17 September 2026 after 64 days on market.

Overview

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.

Features

5 bedrooms

4 bathrooms

4840 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Culver City over the last 12 months.

Property history for 3272 Fay Avenue

2026

Sold

$1,200,000

17 Sep 2026 by Stephen Ceausu, of Stephen P Ceausu, Broker

Happy sellers in Culver City

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