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Property Description

Introducing The David III, a newly built luxury triplex offering approx. 4,800 SF of living space across three vacant, design-forward residences in the heart of Culver City’s creative district. This SB-8 exempt, nonrent controlled asset features a total of 11 beds and 9 baths, including a 4BD/3.5BA front unit with private yard, a 3BD/2.5BA middle unit, and a 4BD/3BA rear unit with a full-floor primary suite and expansive backyard. Each home showcases open layouts, designer finishes, custom kitchens, wide-plank flooring, side-by-side parking, and solar panels that reduce utility expenses and boost long-term returns. With projected gross rents of $19,000/month, the offering delivers a CAP rate of approx. 5.61% and a 14.25 GRM based on current pricing. Located minutes from Erewhon, Helms Bakery, and top employers like Amazon Studios, Google, Sony, and TikTok, this is a rare opportunity to own premium new construction in one of LA’s fastest-growing submarkets. Contact the listing agent for full financials and private showings.

Features
: Central
: Central Air
3
1
: Dryer Included, Washer Included
0
Additional Information
Hollywood Estates
0
CLW-C122762
CLW-X8257519
Oliver
5065020008
: Standard
5
Multi/Split
32

Multi-Family For Sale

5832 David Avenue, Culver City, California 90034

4,800 Sqft
$3,250,000
Listing ID #25524413
Basic Details
Status : Active
DaysOnMarket : 38
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 25524413
Price : $3,250,000
Living Area : 4,800 Sqft
Lot Size : 4,983 Sqft
Year Built : 2025
Country : US
State : California
County : Los Angeles
City : Culver City
Zipcode : 90034
Price Per Square Foot : $677
ModificationTimestamp : 2025-06-23 17:38:34
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