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$ 3,250,000
Est. payment | /mo
11 Beds
4,800 SqFt
$ 3,250,000
Est. payment | /mo
11 Beds
4,800 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $677
MLS Listing ID CL25524413
Bedrooms 11
HOA Y/N No
Year Built 2025
Lot Size 4,983 Sqft
Acres 0.11
Property Sub-Type OTHER
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
Zoning LARD
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5065020008
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Oliver Thornton • Hollywood Estates