3272 Fay Culver City, CA $ 1,200,000
3272 Fay
$ 1,200,000
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3272 Fay

Culver City, CA, 90232
$ 1,200,000
Baths1.0 Sq 2,362

Monthly Estimate*

$ 7,577

Listed by Stephen P Ceausu, Broker
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Studio

Multi-Family Home for sale in Culver City, CA

for $1,200,000 with 1 full bath. This 2,362 square foot home was built in 1961 on a lot size of 0.1111.

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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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1111

Year Built

1961

Town/City

Culver City

County/Region

Los Angeles

MLS | Web ID

PW26152845

Days on Market

2

Features
General
Sewer Public Sewer
Cooling ENERGY STAR Qualified Equipment
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1961
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 0
Community Features Curbs Sidewalks Urban
County Los Angeles
Net Operating Income 70888
Operating Expense 6320
Insurance Expense 1700
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Washington Blvd X Fay Ave
City Culver City
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area C28 - Culver City
Lot Size Units Square Feet
Lot Size Square Feet 4840
Number of Units Leased 4
Listing Terms Cash Conventional 1031 Exchange FHA Fannie Mae
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1716
Trash Expense 840
Water Sewer Expense 2064
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 96
Total Actual Rent 77208
Property Sub Type Additional Quadruplex
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Laundry Features None
Entry Level 1
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Exterior
Parking Features Assigned Paved
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 4840
Number of Buildings 1
Building Area Total 2362
Lot Size Acres 0.1111
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Stephen P Ceausu, Broker

Broker

stephenceausu@yahoo.com

Email

Affordability Calculator

$7,577
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$1,200,000 Listed Price

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3272 Fay, Culver City, CA, 90232 is a Multi-Family Home for sale at $1,200,000 with 2,362 sqft and a lot size of 0.1111. 3272 Fay is a studio with 1.0 baths and was built in 1961. The property's zip code is 90232 which is in Culver City, CA