3272 Fay, Culver City, California 90232, Culver City, 90232 - 0 bed, 0 bath
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Culver City, California 90232
Analysis of 3272 Fay, Culver City, California 90232 is currently available with a list price of $1,200,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Culver City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1961, the property is well-maintained with two of the four units extensively remodeled within the last two years. These units feature modern kitchens with white shaker cabinets, stainless steel appliances, and updated flooring. The inclusion of newer windows and the 'well-maintained' status of the remaining units align with the 'Good' criteria for functional, move-in ready condition.
With current rents at $6,434 and market projections exceeding $8,400, the property offers a substantial 30% income growth potential for investors.
The possibility of adding an ADU and creating additional front parking spaces provides a clear path to increasing both property value and monthly cash flow.
Situated in the high-demand Culver City market with stable, long-term tenants, the property ensures reliable immediate income in a premier rental area.
The unit mix is heavily weighted toward 1-bedroom units, which may limit the tenant pool compared to properties with more multi-bedroom configurations.
While two units are remodeled, the remaining units likely require capital expenditure to modernize and achieve the projected top-of-market rental rates.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,362 | - |
| Lot Size | 4,840 | - |
| Price | $1.20M | $1.44M |
| Price per sq ft | $508 | $631 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 74 |
Jul 14, 2026
$1,200,000
Initial Listing