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.
For sale
$3,250,000
5832 David Ave, Los Angeles, CA 90034
11beds
10baths
4,800sqft
Est.:
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$677/sqft
$-- HOA
What's special
- 78 days
- on Zillow |
- 108 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 01:51am
Listed by:
Oliver Thornton DRE # 01969227 310-704-1794,
Hollywood Estates 310-704-1794
Source: CLAW,MLS#: 25524413

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 10
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range/Oven, Refrigerator, Washer, Microwave, Disposal, Freezer, Dishwasher, Dryer
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - 4+ Car, Carport, On Street, Driveway
- Garage spaces: 5
- Carport spaces: 1
- Covered spaces: 6
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 4,983.26 Square Feet
- Dimensions: 50 x 100
Details
- Additional structures: None
- Parcel number: 5065020008
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2025
Utilities & green energy
Green energy
- Energy generation: Solar
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $677/sqft
- Tax assessed value: $1,224,000
- Annual tax amount: $15,014
- Date on market: 5/17/2025
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