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3873 College Ave, Culver City, CA, 90232

$2,800,000

16 Bedrooms
17 Baths
8,912 SqFt
$314/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCovered, Gated
Year Built1973
HeatingWall Furnace
MLS #24430763
Lot Size0.21 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 3873 College Ave

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.

Med. Sold Price

$1.2M

Med. Price/SqFt

$786

Avg. Days On Market

45

# of Sold Homes

35

3873 College Ave vs Culver City

87 DAYS ON ROCKET

+42 Days

$2,800,000

+$1.5M More

$314/SqFt

-$472 Less

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $472/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

IDX 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: 11/17/2024, 9:21:01 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

Sep 13, 1995Home Sold
$515,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,461

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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.

Nearby Schools

school-card-donut-357754
5
/10
  • La Ballona Elementary School

  • 10915 Washington Blvd

  • 0.05 miles

  • Public District Grades KG-5

school-card-donut-357755
7
/10
  • Charnock Road Elementary

  • 11133 Charnock Rd

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-357756
8
/10
  • Farragut Elementary School

  • 10820 Farragut Dr

  • 0.80 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,877. Residents of Culver City, CA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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?

Accepting Backup Offers: 3873 College Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

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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Rocket HomesCaliforniaLos Angeles CountyCulver City902323873 College Ave

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.

In October 2024 more than 14 listings in Culver City, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 19 were sold below. In October 2024 in Culver City, CA there were 4.6% more homes for sale than in September 2024. Listings spent 45 days on the market in October 2024, and had a median list price of $1,242,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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