3873 College Avenue, Culver City, CA 90232

$2,750,000
16
BD
17
BA
8,912
SqFt

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Sold Price
$2,750,000
List Price
$2,800,000
Closing Date
Jan 30, 2025
Status
CLOSED
MLS#
24430763
Year Built
1973
Bedrooms
16
Bathrooms
17
Living Sq. Ft
8,912
Lot Size
9,032
Acres
0.21
Days on Market
136
Property Type
Multifamily
Stories
Multi Level

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.

Additional Information

Appliances
Disposal
Heat
Wall Furnace
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
8

Listing courtesy of Listing Agent: Chandler Rockwell (chandler@fredleedsproperties.com) from Listing Office: Fred Leeds Asset Group Inc..

Listing sold by Qing Linda Wang-Mizukami from AWM Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.