5830 David Avenue
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Jan 28, 2026 | In contract | - | |
| In contract | |||
| Dec 15, 2025 | Listed by Hollywood Estates | $1,095,000 | |
| Listed by Hollywood Estates | |||
| Oct 13, 2025 | Listed | $1,179,000 | |
| Listed | |||
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Your golden opportunity to enter homeownership in one of Los Angeles' most rapidly appreciating and design-forward neighborhoods has arrived. Introducing "The David III" a newly constructed 4-bedroom, 3-bathroom rear-unit townhouse within a boutique 3-unit new construction community near the Culver City Arts District. Designed with scale, privacy, and comfort in mind, the open-concept layout connects a beautifully appointed modern kitchen with the living and dining areas, ideal for both daily life and entertaining. The top-floor primary suite spans the entire level and features Baldwin Hills views, a spa-like bathroom, walk-in closet, and a versatile bonus lounge perfect for a home office, gym, or creative space. A defining feature of this home is its enormous private backyard, a rare grassy expanse ideal for dinner parties, weekend gatherings, or letting your kids and pets play freely. Additional highlights include side-by-side parking for two vehicles, consisting of a fully enclosed 1-car garage and dedicated two-car parking area. As an SB-8 exempt property, there is no rent control, offering future owners the freedom to lease without restrictions. Located just minutes from Erewhon, Destroyer, the Helms Bakery District, and major employers like TikTok, Google, Amazon Studios, and Sony, this is a unique opportunity to own a design-forward home with exceptional outdoor space and long-term upside. This is a TIC sale requiring TIC-specific financing or an all-cash purchase. Contact the listing agent for approved TIC lenders and full details.
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Property Highlights
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About South LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017