Under contract
3873 College Ave
Culver City CA, 90232
$2,800,000
$314.18 per sqft
Under contract
16 Beds
17 Baths
8,912 sqft
Multi-family
Built in 1973
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 3, 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
81
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 |
---|---|---|
11/3/2024 | 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 Janin Paine | CA DRE# 00926341 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 11/3/2024