Introducing The David III, a newly built luxury triplex offering approx. 4,800 SF of living space across three vacant, design-forward residences in the heart of Culver City’s creative district. This SB-8 exempt, nonrent controlled asset features a total of 11 beds and 9 baths, including a 4BD/3.5BA front unit with private yard, a 3BD/2.5BA middle unit, and a 4BD/3BA rear unit with a full-floor primary suite and expansive backyard. Each home showcases open layouts, designer finishes, custom kitchens, wide-plank flooring, side-by-side parking, and solar panels that reduce utility expenses and boost long-term returns. With projected gross rents of $19,000/month, the offering delivers a CAP rate of approx. 5.61% and a 14.25 GRM based on current pricing. Located minutes from Erewhon, Helms Bakery, and top employers like Amazon Studios, Google, Sony, and TikTok, this is a rare opportunity to own premium new construction in one of LA’s fastest-growing submarkets. Contact the listing agent for full financials and private showings.
Property Details
Price:
$3,250,000
MLS #:
25524413
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c16midlosangeles
Listed Date:
May 16, 2025
Lot Size:
4,983 sqft / 0.11 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Laundry Features
Washer Included, Dryer Included
Exterior
Parking Features
Carport, Street, Driveway
Parking Spots
6.00
Financial
Map
Community
- Address5832 David Avenue Culver City CA
- NeighborhoodC16 – Mid Los Angeles
- CityCulver City
- CountyLos Angeles
- Zip Code90034
Subdivisions in Culver City
Market Summary
Current real estate data for Residential Income in Culver City as of Oct 21, 2025
32
Residential Income Listed
162
Avg DOM
$2,390,438
Avg List Price
Property Summary
- 5832 David Avenue Culver City CA is a Residential Income for sale in Culver City, CA, 90034. It is listed for $3,250,000
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