$2,800,000
For Sale

3873 College Avenue

Culver City, CA 90232
8912 sqft | 16 beds | 0.21 acres | #24430763
Listing OfficeFred Leeds Asset Group Inc.
Browse 5 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • InteriorCeilingFans
      • CountyLos Angeles
      • Original List Price$3,150,000
      • MLS #24430763
      • MLS #24430763
      • Cost2800000
      • Acres0.2073
      • Square Feet8912
      • Year Built1973
      • Bedrooms16

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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