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

5832 David Avenue 3, Los Angeles, California 90034 home-pic-0
ACTIVE$1,228,888
5832 David Avenue 3, Los Angeles, California 90034
4Beds
3Baths
1,978Sqft
4,983Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Appreciation Potential: Situated in a rapidly appreciating and design-forward neighborhood near the Culver City Arts District, offering excellent proximity to major employers (TikTok, Google, Amazon Studios, Sony) and popular amenities.
Top Cons:
TIC Sale & Financing Challenges: The property is a Tenancy-in-Common (TIC) sale, which requires specialized financing or an all-cash purchase, significantly limiting the pool of potential buyers.

Compared to the nearby listings

Price:$1.23M vs avg $749.0K (+$479,888)95%
Size:1,978 sqft vs avg 1,184 sqft95%
Price/sqft:$621 vs avg $65529%

More Insights

Built in 2025 (0 years old).
Condition: This property is explicitly described as 'newly constructed' with a 'year_built' of 2025, indicating it is brand new. The images confirm a modern, high-quality finish throughout, including a beautifully appointed kitchen with new stainless steel appliances, glossy white cabinetry, and quartz countertops. The bathrooms also feature contemporary fixtures and finishes. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2025
Close
-
List price
$1.23M
Original List price
$1.25M
Price/Sqft
$621
HOA
$300
Days on market
-
Sold On
-
MLS number
25514687
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
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 an adjacent trellised carport. 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 explicitly described as 'newly constructed' with a 'year_built' of 2025, indicating it is brand new. The images confirm a modern, high-quality finish throughout, including a beautifully appointed kitchen with new stainless steel appliances, glossy white cabinetry, and quartz countertops. The bathrooms also feature contemporary fixtures and finishes. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Prime Location & Appreciation Potential: Situated in a rapidly appreciating and design-forward neighborhood near the Culver City Arts District, offering excellent proximity to major employers (TikTok, Google, Amazon Studios, Sony) and popular amenities.
New Construction & Modern Design: A newly constructed, design-forward townhouse featuring a beautifully appointed modern kitchen and an open-concept layout, ensuring contemporary living and minimal immediate maintenance.
Exceptional Private Outdoor Space: Features a rare and enormous private grassy backyard, providing ample space for entertaining, recreation, and pets, a significant advantage for a townhouse in this area.
SB-8 Exempt (No Rent Control): As an SB-8 exempt property, it offers future owners the valuable flexibility to lease without rent control restrictions, enhancing its long-term investment appeal.
Thoughtful Layout & Privacy: Designed as a rear-unit townhouse with privacy in mind, featuring a spacious top-floor primary suite with views and a versatile bonus lounge, optimizing comfort and functionality.

Cons

TIC Sale & Financing Challenges: The property is a Tenancy-in-Common (TIC) sale, which requires specialized financing or an all-cash purchase, significantly limiting the pool of potential buyers.
Monthly Association Fees: A monthly association fee of $300 adds to the ongoing cost of homeownership, which buyers must factor into their budget.
Limited Community Amenities/Size: As part of a small, boutique 3-unit community, there may be fewer shared amenities or a smaller HOA reserve compared to larger developments, potentially impacting future maintenance costs or lifestyle options.

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