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$1,200,000
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Property Description
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.
Full Property Details
Full Property Details for 3272 Fay
General
- Sold For: $1,200,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26152845
- Added to Site: 95 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: Assigned, Paved
- Parking: Assigned, Paved
Location
- Area: C28 - Culver City
- County: Los Angeles
- Development Name: C28 - Culver City
- Driving Directions: Washington Blvd X Fay Ave
Heating & Cooling
- Cooling Type: ENERGY STAR Qualified Equipment
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,362
- Year Built: 1961
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1111
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $508.04
- Price Per Unit: 300000
Listed by Stephen P Ceausu, Broker, Stephen Ceausu
Sold by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi
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Schools
Schools serving 3272 Fay
School District:Culver City Unified School District
| Name | Grades | Distance |
|---|---|---|
Linwood E. Howe Elementary School 4100 Irving Place, Culver City, CA 90232 | K-5 | 0.9 mi |
Culver City Middle School 4601 Elenda Street, Culver City, CA 90230 | 6-8 | 2 mi |
Culver City High School 4401 Elenda Street, Culver City, CA 90230 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3272 Fay
Date
Details
Price
Change
Source
9/17/2026
Sold
$1,200,000
—
MLS
7/14/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3272 Fay, Culver City, CA 90232 (MLS# PW26152845) is a Multi-Family property that was sold at $1,200,000 on September 17, 2026. Want to learn more about 3272 Fay? Do you have questions about finding other Multi-Family real estate for sale in Culver City? You can browse all Culver City real estate or contact a Coldwell Banker agent to request more information.

