Active

3873 College Avenue

Culver City CA, 90232

$2,800,000


$314.18 per sqft

Active

16 Beds

17 Baths

8,912 sqft

Residential

Built in 1973

Listed by Chandler Rockwell with Fred Leeds Asset Group Inc. 310-405-7632

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.

24430763

MLS ID

August 14, 2024

Listed

December 5, 2024

Updated

Map

3873 College Avenue
Culver City CA, 90232

Interior Features

Total Stories

0


Bedrooms

16


Total Bathrooms

17


Interior Features

Ceiling Fan(s)


Appliances

Disposal


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.21 Acres

Other Property Details

Area Name

C28 - Culver City


Days on Market

112


Garage

No


Parking

Covered, Gated


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

CCR4*

Listing History

Date

Event

Price

11/26/2024

Active

11/3/2024

Under contract

10/21/2024

Price change

$2,800,000

-9%

10/1/2024

Price change

$3,075,000

-3%

Listing Contact: 310-826-2466 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 4:19 AM UTC

 

Powered byLuxury Presence