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 Features
Property Information:
Year Built: 1973
Stories: 0
Living Area: 8,912 SqFt
Listing Office:
Office Name: Fred Leeds Asset Group Inc.
Office Phone: (310) 826-2466
Listing Agent: Chandler Rockwell
Interior Features
Interior Information:
Appliances: Disposal
Interior: Ceiling Fan(s)
Bedroom and Bathroom Information:
Total Bedroom Count: 16
Exterior Features
Parking Information:
Parking: Covered, Gated
Lot Features
Lot Information:
Lot Size: 0.21 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: 3873 College Ave. Culver City, CA 90232
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Price Per SqFt: $314/SqFt
Tax Information:
Annual Amount: $13,585
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Culver City, CA.
This property is $1.5M more than the Median Sold Price and $468/SqFt less than other homes in Culver City, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24430763
Listing Office:
Office Name: Fred Leeds Asset Group Inc.
Office Phone: (310) 826-2466
Listing Agent: Chandler Rockwell
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 10:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 13, 1995
Sep 13, 1995Home Sold
$515,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$13,585
$790,387
2020
$13,143
$782,283
2019
$12,847
$766,945
2018
$12,530
$751,907
2017
$12,530
$737,164
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
La Ballona Elementary School
10915 Washington Blvd
Distance between this listing and this school0.05 miles
Public District Grades KG-5
7
/10
Charnock Road Elementary
11133 Charnock Rd
Distance between this listing and this school0.58 miles
Public District Grades KG-5
8
/10
Farragut Elementary School
10820 Farragut Dr
Distance between this listing and this school0.80 miles
Public District Grades KG-5
Nearby Schools
6
/10
Palms Middle School
10860 Woodbine St
Distance between this listing and this school0.73 miles
Public District Grades 6-8
6
/10
Culver City Middle School
4601 Elenda St
Distance between this listing and this school0.77 miles
Public District Grades 6-8
9
/10
Magnolia Science Academy 6
3754 Dunn Dr
Distance between this listing and this school0.92 miles
Public Charter Grades 6-8
Nearby Schools
8
/10
Culver City High School
4401 Elenda St
Distance between this listing and this school0.70 miles
Public District Grades 9-12
6
/10
Magnolia Science Academy 4
11330 Graham Pl # B-9
Distance between this listing and this school1.76 miles
Public Charter Grades 6-12
7
/10
Alexander Hamilton High School
2955 S Robertson Blvd
Distance between this listing and this school1.81 miles
The neighbors living near this home have an average income of $48,877. Typical income of Culver City, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3873 College Ave
What is the listing price of this property?
The listing price of 3873 College Ave property is $2,800,000.
What type of property is this?
The property 3873 College Ave is a house located in Culver City, California, 90232.
Is this property for sale now?
Active Listing: 3873 College Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $13,585 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 13, 1995 for $515,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3873 College Ave has 16 bedrooms and 17 bathrooms.
What is the square footage of this property?
The property 3873 College Ave is 8,912 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3873 College Ave is 1973.
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This home is located at 3873 College Ave in Culver City, CA and zip code 90232 in the The Westside neighborhood. This 8,912 square foot home, which was built in 1973, sits on a 0.21 acre lot. Features: 16 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $2,800,000.
Culver City, CA housing market in November 2024 saw over 11 listings sold above listed price, more than 5 sold at listed price and over 15 sold below. The number of listings in Culver City, CA decreased by 6.7% between October 2024 and November 2024. In November 2024 median list price was $1,245,416 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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