3873 College Avenue
Culver City, CA 90232
- – beds
- – baths
- – sqft
- 9,032 sqft lot
- 1973 build
- – on site
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.
Listed By CRMLS_CA / Chandler Rockwell / Fred Leeds Asset Group Inc.
Last checked:
Checking…
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Last updated Nov 3, 2024
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MLS# 24430763 —
The Building
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Year Built:1973
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New Construction:No
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Building Area Total:8912.00
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# of Buildings:1
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Total Number Of Units:8
Interior
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Features:Ceiling Fan(s)
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Levels:Multi/Split
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:3873 College Ave. Culver City, CA 90232
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Latitude:34.01405000
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Longitude:-118.41079000
The Property
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Property Type:Residential Income
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Zoning:CCR4*
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Lot Size Area:9032.0000
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Lot Size Acres:0.2073
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Lot Size SqFt:9032.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4208022029
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Appliances:Disposal
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered, Gated
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/3/24
Nov 3, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $2,800,000 | |
10/21/24
Oct 21, 2024
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Price Changed | CRMLS_CA | $2,800,000 | -8.9% |
10/1/24
Oct 1, 2024
|
Price Changed | CRMLS_CA | $3,075,000 | -2.4% |