THE david III
THE DAVID III is a ground up multi family development project of approximately 6500 SQ FT consisting of three townhouse style units in the West Adams and Culver City area.
THE DAVID III is within close proximity to the Culver City Arts District, Sony Pictures, Google HQ, SoFi Stadium, and all of the best restaurants, shopping, and entertainment venues that Culver City and the West Side has to offer.
Based on notable comps nearby, the project will have an ARV around $3,600,000 upon completion.
Our acquisition of this ground up development came with ready to issue plans and was purchased for $1,225,000 with a construction budget of approximately $1,250,000.
Estimated completion of the project is Winter 2024.