Welcome to "The David III", a brand-new 2025 townhome-style apartment building situated directly adjacent to the Culver City Arts District. Built with a Senate Bill 8 exemption, this property is not subject to radical Los Angeles rent control, making it an exceptional investment opportunity.
The property consists of three units totaling approximately 6000 square feet on a roughly 5000-square-foot lot. The well-designed unit mix includes two 3-bedroom, 3-bathroom units, and one 4-bedroom, 4-bathroom unit, all with their own two car garages. Each unit features in-unit washer and dryer, hardwood floors, stainless steel appliances, and recessed lighting, offering residents a luxurious and modern living experience.
This turnkey investment delivers an projected 5.5% CAP rate in a prime location with many other new construction properties on the same street. Built with class and elegance by Thornton Development Group, this property showcases high-end finishes and meticulous craftsmanship. Nestled in a quiet residential neighborhood surrounded by newly constructed homes, 5832 David offers the perfect balance of tranquility and accessibility.
Residents will enjoy close proximity to major tech and entertainment hubs, including Sony, Google, and TikTok, as well as some of the city’s best dining, shopping, and cultural attractions. Don’t miss out on this exceptional investment opportunity—secure your place in one of Los Angeles’ most sought-after rental markets today!
Project Features:
Location: West Adams / Culver City Adjacent
Architect: Bassenian Lagoni
Property Type: Multi-Family
Status: Completed
Thornton Developments is a one-stop-shop for your high-end real estate development and investment needs. Contact us to learn how you can get involved in our future projects and beyond.