5-Unit Apartment
New
For Sale
$2,500,000
3957 Huron Ave, Culver City, CA 90232
A detached rear residence adds a separate living space to the apartment unit mix.
Property Size4,692 SF
Days on Market6
Property Features for 3957 Huron Ave
General Information
Standard status
Active
Size
4,692 SF
Property subtype
MULTI_FAMILY
Units
Unit Mix
3 x 1BR/1BA, 1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units
5
Additional Details
Gross Income
$94,848
Building Details
Building Size
4,692 SF
Year Built
1948
Listing Agency:
KW Westside Estates
Listed By:
Martin Feinberg · License #00977561
(310) 729-6573
Source:
Evecap
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 6 at 2:30AM
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 KW Westside Estates
Investment Insights
Based on property information with market context.
Built in 1948, this five-unit apartment property includes three one-bedroom, one-bath apartments, a two-bedroom, one-bath apartment, and a detached rear house with four bedrooms and two baths. The rear house is expected to be delivered vacant. Rent-control and tenant-protection rules apply and should be considered when evaluating the property’s rental operation.
The property is in Culver City, with Downtown Culver City, restaurants, retail, entertainment, transportation, and major Westside employment centers identified as nearby destinations.
The property is in Culver City, with Downtown Culver City, restaurants, retail, entertainment, transportation, and major Westside employment centers identified as nearby destinations.
Key Highlights
- Five units: three 1‑bedroom/1‑bath apartments, one 2‑bedroom/1‑bath apartment, and a detached 4‑bedroom/2‑bath house
- Detached rear house expected to be delivered vacant
- Built in 1948
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,498
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,509,960
$1.5M
Cap Rate 7%
$1,078,543
$1.1M
Cap Rate 9%
$838,867
$838.9K
Market Conditions
NOI Build-Up for 4,692 SF
Gross rent
$149.2K $31.80/SF
− Vacancy
−$11.9K −$2.54/SF
EGI
$137.3K $29.26/SF
− OpEx
−$61.8K −$13.17/SF
NOI
$75.5K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,509,960
Cap Rate 7%
$1,078,543
Cap Rate 9%
$838,867
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$943.7K – $1.26M
NOI $75,498 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M
NOI $175,845 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
4,715
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - A detached rear residence adds a separate living space to the apartment unit mix.
Where is this apartment building located?
The property is located at 3957 Huron Ave Culver City, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Five units: three 1‑bedroom/1‑bath apartments, one 2‑bedroom/1‑bath apartment, and a detached 4‑bedroom/2‑bath house; Detached rear house expected to be delivered vacant; Built in 1948
