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$1,200,000
25 Days On Site

3272 Fay
Culver City, CA 90232

Quadruplex|Pending
0
Beds
0
Total Baths
2,362
SqFt
$508
/SqFt
1961
Built
County:
Los Angeles
Listed by Stephen Ceausu of Stephen P Ceausu, Broker [email protected]

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(678) 675-6575
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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.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
25 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,362 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1111 Acres
Year Built 
1961
MLS® Number 
PW26152845
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Pending
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1111
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
AssignedPaved
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2362
Water Source 
Public
Interior Features
Cooling 
ENERGY STAR Qualified Equipment
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
CurbsSidewalks
Financing Terms Available 
CashConventionalFHA1031 Exchange
MLS Area 
C28 - Culver City


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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