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.
Property Details
Price:
$2,800,000
MLS #:
24430763
Status:
Active Under Contract
Baths:
0
Address:
3873 College Avenue
Type:
Residential Income
Neighborhood:
c28culvercity
City:
Culver City
Listed Date:
Aug 14, 2024
State:
CA
ZIP:
90232
Lot Size:
9,032 sqft / 0.21 acres (approx)
Year Built:
1973
See this Listing
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Schools
Interior
Appliances
Disposal
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
Covered, Gated
Parking Spots
0.00
Financial
Map
Community
- Address3873 College Avenue Culver City CA
- AreaC28 – Culver City
- CityCulver City
- CountyLos Angeles
- Zip Code90232
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Courtesy of Fred Leeds Asset Group Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3873 College Avenue
Culver City, CA
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