Back to Search Nalren

Sold for $1,200,000 · Sep 2026

SOLD
Sold

3272 Fay, Culver City, CA 90232

Culver City, CA

MLS# PW26152845

2,362 Sq Ft • Quadruplex
8 days on market

Listing Agent

Stephen Ceausu

Listing Agent

Stephen P Ceausu, Broker

DRE #: 02099019

Brokerage: Stephen P Ceausu, Broker

Property Details

N/A

Bedrooms

N/A

Bathrooms

2,362 sqft

Square Feet

1961

Year Built

4,840 sqft

Lot Size

$508

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Quadruplex

Property Type

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.

Listing description from the September 2026 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
EnergyStarQualifiedEquipment

Sale history for 3272 Fay

1 recorded sale

$1,200,000
Sold September 2026 · on market July 2026, 8 days on market · MLS #PW26152845 · Source: CRMLS
Listing Agent: Stephen Ceausu · Listing Office: Stephen P Ceausu, Broker · Contact: 714-305-3709 · Bought with: Cameron Samimi · Lyon Stahl Investment Real Estate, Inc.

How this sale compares

3272 Fay sold for $1,200,000 in September 2026, at its full list price, after 8 days on the market. Across 45 closed sales in 90232 over the last 12 months, the median sold price is $2,100,000 and the median is $1,042 per square foot.

$1,042
90232 median per sq ft (12 mo)
$2,100,000
90232 median sold price (12 mo)
45
Closed sales in 90232 (12 mo)
8
Days on market
QuarterClosed sales in 90232Median sold price
Q1 20262$1,324,700
Q2 202621$2,335,000
Q3 202617$2,325,000
Q4 20265$2,025,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Culver City · Homes for sale in 90232

Recent sales near 3272 Fay

Closed sales reported in 90232, nearest first, last 12 months. All recent sales in Culver City →

Explore Culver City