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Spanish-Style Duplex
New
For Sale
$1,650,000

3944 Huron Ave, Culver City, CA 90232

Both residences feature in-unit laundry, with separate gas and electric meters serving the property.

Property Size2,652 SF
Days on Market4

Property Features for 3944 Huron Ave

General Information

Standard status Active
Size 2,652 SF
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

in-unit washers and dryers
communal rear yard
shaded patio

Building Details

Building Size 2,652 SF
Year Built 1927
Buildings 1
Construction Spanish-style
Listing Agency: Marcus & Millichap
Listed By: Jason Tuvia · License #01772495
Source: Evecap
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 11 at 8:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap

Investment Insights

Based on property information with market context.

Built in 1927, this Spanish-style duplex contains 2,652 square feet across two residences of approximately 1,300 square feet each. Two detached bonus rooms and two rear garage spaces provide additional structures on the property; garage conversion to ADUs is a possibility subject to feasibility and approvals. Residents have in-unit washers and dryers, separate gas and electric meters, and access to a shared rear yard with a shaded patio.

The property is at 3944 Huron Ave in Culver City, south of Venice Boulevard and west of Culver Boulevard. The 405 Freeway, Downtown Culver City, Tellefson Park, Sony Pictures Studios, and local dining and shopping destinations are nearby.

The building may be acquired on its own or with a portfolio of nine buildings.

Key Highlights

  • 2,652‑square‑foot duplex built in 1927
  • Two residences, each approximately 1,300 square feet
  • Two detached bonus rooms and two individual rear garage spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,313
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,260 $926.3K
Cap Rate 7%
$661,614 $661.6K
Cap Rate 9%
$514,589 $514.6K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$71.6K $27.00/SF
− Vacancy
−$5.4K −$2.05/SF
EGI
$66.2K $24.95/SF
− OpEx
−$19.8K −$7.48/SF
NOI
$46.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,260
Cap Rate 7%
$661,614
Cap Rate 9%
$514,589

Alternative Uses

Best Use
Multifamily LT 5
$661.6K
$578.9K – $771.9K (±1% cap)
NOI $46,313 @ 7.0% cap · market cap 2.81%
Second Best
Apartment 5plus
$609.6K
$533.4K – $711.2K (±1% cap)
NOI $42,673 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M (±1% cap)
NOI $99,391 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store Butcher Restaurant (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,715
Businesses Nearby

Demographics for 90232, CA

16,452
Population
7,995
Households
2.1
Avg Household Size
38
Median Age
64%
College-Educated
91%
High-School Grad
2.2 sq mi
ZIP Area
7,478
Density / Sq Mi
$125,490
Median Household Income
$84,701
Median Earnings
$2,659
Median Rent
$1,491,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences feature in-unit laundry, with separate gas and electric meters serving the property.
Where is this duplex located?
The property is located at 3944 Huron Ave Culver City, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 2,652‑square‑foot duplex built in 1927; Two residences, each approximately 1,300 square feet; Two detached bonus rooms and two individual rear garage spaces
More about this property
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