3873 College Avenue
$2,800,000
16
17
8,912
8,912
$314
Description
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...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.
- Listed by Chandler Rockwell • DRE #02080782 • Brokerage DRE #00748543 • Fred Leeds Asset Group Inc.
- Listed by Blayne Pacelli • DRE #01364537 • Brokerage DRE #00858724 • Rodeo Realty
Property Details for 3873 College Avenue
Zoning
CCR4*
Parcel Number4208022029
Total Units8.0
Living Area8912
Source Living AreaVendor Enhanced
AreaCulver City (C28)
Vacancy Rate1
Lot Size Area9032
LISTING UPDATED: 11/25/2024 03:54 PM
Property Details for 3873 College Avenue
Status | Active |
---|---|
MLS # | 24-430763 |
Days on Market | 105 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1973 |
Lot Size | 0.21 AC / 9,032 SF |
County | Los Angeles County |
Building Information for 3873 College Avenue
Stories-Residences-Year Built1973Building Size-Lot Size0.21 AC / 9,032 SF
Property Information for 3873 College Avenue
Property History for 3873 College Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3873 College Avenue
Taxable ValueLand$252,439Additions$586,323Total$838,762
Tax Record2024$14,121 ($1,177 / month)
Home Facts
Total Finished SqFt8,912 SqFtAbove Grade Finished SqFt8,912 SqFtLot Size9,029 SqFtStyleMulti-Family Res (5+ Units)Year Built1973ZoningCCR4*CountyLOS ANGELESAPN4208-022-029
Schools near 3873 College Avenue
This home is within Culver City Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
La Ballona Elementary School PublicK to 5 | ||
Culver City Middle School Public6 to 8 | ||
Culver City High School Public9 to 12 | ||
Culver City Unified School District Academy PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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