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3272 Fay

Culver City, CA 90232
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Bed 5

Bed

Bath 4

Bath

SqFt4,840

Sqft(Lot)

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 c reate 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,200,000

AD Id : 88327973

MLS Id : PW26152845

Beds : 5

Lot Size : 4,840 Sqft

Year Built : 1961

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Cooling: Yes Cooling: EnergyStarQualifiedEquipment

  • Building Information

    Year Built: 1961
    Building Area Total: 2362
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 4840 Lot Size Acres: 0.1111 Lot Size Source: Assessor Lot Size Square Feet: 4,840 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $1200000
    Cash, Conventional, Exchange1031, FHA, FannieMae

  • Tax Information

    Parcel Number: 4312021020 Tax Lot: 96

  • Location Information

    Direction: Washington Blvd X Fay Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8947 Hubbard, Culver City, CA, 90232 $1,800,000 4 3 1,696 1,696 SqFt
3941 Tilden Avenue, Culver City, CA, 90232 $1,888,900 6 3 2,184 2,184 SqFt

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ByOwner last updated this listing 08/18/2026 @ 06:13

MLS: PW26152845 LISTED BY: Stephen Ceausu, Stephen P Ceausu, Broker 714-844-5620 SOURCE: CRMLS

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