3873 College Avenue

Culver City, CA 90232

PRICE REDUCED

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-$350,000 (-11.11%)

$2,800,000

List Price

16

bed Beds

17

shower Baths

8,912 sqft

straighten / sqft

1973

calendar_month Built

Property Description

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.

Listing Information

List Price $2,800,000
Status Active
MLS 24430763
Type Residential Income
Year Built 1973
Lot Size 9,032
Structure Size 8,912
DOM 68
Courtesy Of Fred Leeds Asset Group Inc.
Listing Agent Chandler Rockwell DRE#02080782
Co-Listing Agent Blayne Pacelli DRE#01364537

Interior Features

Total Bedroom
Bedrooms 16
Total Bathroom
Bathrooms 17
Additional Information
Additional Features Ceiling Fan(s)

Exterior Information

Maps

Listing information courtesy of: Chandler Rockwell, Blayne Pacelli, Fred Leeds Asset Group Inc. 310-405-7632. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 21st, 2024 at 7:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.