Home | Los Angeles County | Culver City | 90232 | 3272 Fay
MLS: CRPW26152845 | Status: Active | Price: $1,200,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 4,840 | 1961 |
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.
| Field | Value |
|---|---|
| MLS # | CRPW26152845 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Laundry | None |
| Cooling | Other |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
Stephen Ceausu
Stephen P Ceausu, Broker
License #: 02099019
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 550 | – | 0/0 | – |
| 2 | 700 | – | 0/0 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 4017 Gelber Pl | $1,375,000 | – | – | – | |
| 1259 S Orange Dr | $1,100,000 | – | – | – | Active |
| 2839 Hillcrest Dr | $1,375,000 | – | – | – | Active |
| 4809 Pickford | $1,050,000 | – | – | – | Active |
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This listing information is up-to-date as of July 15, 2026. For the most current information, please contact Stephen Ceausu.