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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 Type(s):
Residential Income
| Last Updated | 5/17/2025 | Year Built | 2025 |
|---|---|---|---|
| Community | Mid Los Angeles | Garage Spaces | 5.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA | Mid Los Angeles |
| GARAGE | Carport, Driveway, On Street, Yes |
| HEAT | Central |
| LOT | 4983 sq ft |
| LOT DIMENSIONS | 50x100 |
| PARKING | Carport,Driveway,On Street |
| STORIES | 3 |
| ZONING | LARD1.5 |
Location
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Listed with Hollywood Estates
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