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
Address:
5832 David Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Culver City
Listed Date:
May 16, 2025
State:
CA
ZIP:
90034
Lot Size:
4,983 sqft / 0.11 acres (approx)
Year Built:
2025
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Exterior
Garage Spaces
5.00
Parking Features
Carport, Street, Driveway
Parking Spots
6.00
Stories Total
3
Financial
Map
Community
- Address5832 David Avenue Culver City CA
- AreaC16 – Mid Los Angeles
- CityCulver City
- CountyLos Angeles
- Zip Code90034
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5832 David Avenue
Culver City, CA
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