3873 College Ave

Culver City,CA 90232

$ 2800000

16 Beds

17 Baths

8912 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,912 sqft

Price per Sqft $314

MLS Listing ID 24-430763

Bedrooms 16

Year Built 1973

Lot Size 9,032 Sqft

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.

Location

State CA

County Los Angeles

Area Culver City

Zoning CCR4*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Garbage Disposal, Ceiling Fan

Exterior

Garage Covered Parking, Gated, Garage - 4+ Car

Others

Special Listing Condition Standard

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