Active

3873 College Ave

Culver City CA, 90232

$2,800,000


$314.18 per sqft

Active

16 Beds

17 Baths

8,912 sqft

Multi-family

Built in 1973

IMPROVED PRICING! We are pleased to present the opportunity to acquire 3873 College Avenue, an 8-unit multifamily investment in one of the most desirable submarkets in Los Angeles. The area around 3873 College Ave in Culver City offers a variety of amenities suitable for renters. The location is very walkable with a variety of shops and essential services within easy reach. This area also enjoys good transit connections and is very bikeable, enhancing mobility for residents without vehicles. The property currently features 8,912 square feet of gross rentable area, situated on a 9,029-square foot lot. The 8-unit building is composed of 7 two-bedroom/two-bathroom units and 1 Town-Home Style two-bedroom/two and one-half bathroom Owner's Unit. The property also offers gated parking for tenants. Culver City is a hub for tech and media companies, including several studios and digital media firms. The proximity to such companies makes it an attractive location for professionals working in these industries. This blend of convenient amenities and access to job opportunities makes 3873 College Ave an appealing choice for potential renters.Due to the property's premier location, 3873 College Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset with strong in-place rents in the heart of Culver City.

24-430763

MLS ID

August 21, 2024

Listed

November 26, 2024

Updated

Map

3873 College Ave
Culver City CA, 90232

Interior Features

Total Stories

0


Bedrooms

16


Total Bathrooms

17


Appliances

Garbage Disposal, Ceiling Fan


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.21 Acres

Other Property Details

Area Name

Culver City


Days on Market

103


Garage

Yes


Parking

Covered Parking, Gated, Garage - 4 Car


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

CCR4*

Listing History

Date

Event

Price

11/25/2024

Active

11/3/2024

Under contract

10/21/2024

Price change

$2,800,000

-9%

10/1/2024

Price change

$3,075,000

-3%

Listed by Chandler Rockwell with Fred Leeds Asset Group Inc.
Listing Contact: 510-468-7404 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Shelby Ring | CA DRE #1949380 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/26/2024

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