5832 David Avenue 3, Culver City, California 90034, Culver City, 90034 - 4 bed, 3 bath

5832 David Avenue 3, Culver City, California 90034 home-pic-0
ACTIVE$1,095,000
5832 David Avenue 3, Culver City, California 90034
4Beds
3Baths
1,978Sqft
4,983Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2025, this design-forward townhouse features an open-concept layout, a beautifully appointed modern kitchen, and a spa-like primary bathroom, offering contemporary living.
Top Cons:
TIC Sale Financing Restrictions: The property is a Tenancy-in-Common (TIC) sale, which requires specialized financing or an all-cash purchase, potentially limiting the pool of eligible buyers.

Compared to the nearby listings

Price:$1.09M vs avg $749.0K (+$346,000)95%
Size:1,978 sqft vs avg 1,184 sqft95%
Price/sqft:$554 vs avg $65510%

More Insights

Built in 2025 (0 years old).
Condition: This property is newly constructed in 2025, featuring a modern design with high-quality finishes throughout. The kitchen boasts new white flat-panel cabinetry, marble-look quartz countertops, stainless steel appliances, and contemporary fixtures. Bathrooms are spa-like with modern vanities and fixtures. All flooring, lighting, and systems are brand new, indicating no deferred maintenance and meeting current quality standards.
Year Built
2025
Close
-
List price
$1.09M
Original List price
$1.18M
Price/Sqft
$554
HOA
$442
Days on market
-
Sold On
-
MLS number
25593115
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

Your golden opportunity to enter homeownership in one of Los Angeles' most rapidly appreciating and design-forward neighborhoods has arrived. Introducing "The David III" a newly constructed 4-bedroom, 3-bathroom rear-unit townhouse within a boutique 3-unit new construction community near the Culver City Arts District. Designed with scale, privacy, and comfort in mind, the open-concept layout connects a beautifully appointed modern kitchen with the living and dining areas, ideal for both daily life and entertaining. The top-floor primary suite spans the entire level and features Baldwin Hills views, a spa-like bathroom, walk-in closet, and a versatile bonus lounge perfect for a home office, gym, or creative space. A defining feature of this home is its enormous private backyard, a rare grassy expanse ideal for dinner parties, weekend gatherings, or letting your kids and pets play freely. Additional highlights include side-by-side parking for two vehicles, consisting of a fully enclosed 1-car garage and dedicated two-car parking area. As an SB-8 exempt property, there is no rent control, offering future owners the freedom to lease without restrictions. Located just minutes from Erewhon, Destroyer, the Helms Bakery District, and major employers like TikTok, Google, Amazon Studios, and Sony, this is a unique opportunity to own a design-forward home with exceptional outdoor space and long-term upside. This is a TIC sale requiring TIC-specific financing or an all-cash purchase. Contact the listing agent for approved TIC lenders and full details.

Price History

Date
Event
Price
11/14/23
Sold
$1,224,000
12/09/21
Sold
$1,225,000
11/01/01
Sold
$179,000
Condition Rating
Excellent

This property is newly constructed in 2025, featuring a modern design with high-quality finishes throughout. The kitchen boasts new white flat-panel cabinetry, marble-look quartz countertops, stainless steel appliances, and contemporary fixtures. Bathrooms are spa-like with modern vanities and fixtures. All flooring, lighting, and systems are brand new, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2025, this design-forward townhouse features an open-concept layout, a beautifully appointed modern kitchen, and a spa-like primary bathroom, offering contemporary living.
Premier Culver City Location: Situated in a rapidly appreciating neighborhood, the property offers excellent proximity to major tech employers (TikTok, Google, Amazon, Sony) and popular amenities like Erewhon and Helms Bakery District.
Expansive Private Backyard: A rare and enormous private grassy backyard provides exceptional outdoor living space, ideal for entertaining, family activities, and pets, a significant advantage for a townhouse.
Luxurious Primary Suite with Views: The top-floor primary suite spans an entire level, boasting Baldwin Hills views, a spa-like bathroom, walk-in closet, and a versatile bonus lounge perfect for a home office or gym.
No Rent Control & Dedicated Parking: As an SB-8 exempt property, it offers future leasing flexibility without rent control, complemented by convenient side-by-side parking including a fully enclosed 1-car garage.

Cons

TIC Sale Financing Restrictions: The property is a Tenancy-in-Common (TIC) sale, which requires specialized financing or an all-cash purchase, potentially limiting the pool of eligible buyers.
Monthly Association Fees: A significant monthly association fee of $442.00 adds to the ongoing cost of homeownership, which buyers must factor into their budget.
Recent Price Adjustment: A recent price reduction from $1.179M to $1.095M could indicate initial overpricing or a need to attract more interest in the current market.

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