Fourplex
Listing Agent: Stephen Ceausu (DRE #02099019) · Listing Office: Stephen P Ceausu, Broker · Contact: 714-305-3709 · Bought with: Cameron Samimi · Lyon Stahl Investment Real Estate, Inc. · MLS #PW26152845 · Source: CRMLS
3272 Fay sold for $1,200,000 in September 2026, at its full list price, after 8 days on the market. Across 40 closed sales in 90232 over the last 12 months, the median sold price is $2,212,500 and the median is $1,067 per square foot.
| Quarter | Closed sales in 90232 | Median sold price |
|---|---|---|
| Q1 2026 | 2 | $1,324,700 |
| Q2 2026 | 22 | $2,367,600 |
| Q3 2026 | 16 | $2,212,500 |
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
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.
MLS-reported closed sales in 90232, nearest first (last 12 months). All recent sales in Culver City →
3272 Fay last sold in September 2026 for $1,200,000, according to CRMLS-reported closed sales.
$1,200,000, after 8 days on the market.
40 homes closed in ZIP 90232 over the last 12 months at a median of $2,212,500 ($1,067 per square foot).
3272 Fay is not currently listed on the MLS. Browse current homes for sale in Culver City on Nalren.