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3873 College Avenue

Culver City, CA 90232
  • $2,800,000
  • STATUS: Active Under Contract
  • ON SITE: 154 Days
  • ID#: 24430763
Under Contract
UPDATED: 26 min ago
$2,800,000
  • 16
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,912
    SQFT
  • $314
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Listing Agent(s): Chandler Rockwell of Fred Leeds Asset Group Inc. (310-826-2466) and Blayne Pacelli of Rodeo Realty(818-761-7222)


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 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T11:30:15.45. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/153918832
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3873 College Avenue Culver City, CA 90232

  • Price: $2,800,000
  • Status: Active Under Contract
  • On Site: 154 Days
  • Updated: 26 min ago
  • ID#: 24430763
16
Beds
0
Baths
0
½ Baths
0.21
Acres
8,912
SQFT
$314
$/SQFT
1973
Built
Neighborhood:
C28 - Culver City
County:
Los Angeles
Area:
C28 - Culver City
Property 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 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.
Exterior Features

Parking Features CoveredGated Parking Total 0

Interior Features

Appliances Disposal Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Cap Rate 5.58 Disclosures Rent Control Gross Income 250683 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 153138 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning CCR4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T11:30:15.45. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Chandler Rockwell of Fred Leeds Asset Group Inc. (310-826-2466) and Blayne Pacelli of Rodeo Realty(818-761-7222)