71
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$3,250,000
Est. payment /mo
11 Beds
10 Baths
4,800 SqFt
New
5832 David AVE Culver City, CA 90034
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $677
MLS Listing ID 25524413
Bedrooms 11
HOA Y/N No
Year Built 2025
Lot Size 4,983 Sqft
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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Carport, Driveway, On Street
Garage Spaces 5.0
Carport Spaces 1
Garage Description 5.0
Total Parking Spaces 6
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5065020008
Special Listing Condition Standard
Listed by Oliver Thornton • Hollywood Estates
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