3872 College Avenue

Culver City, CA 90232

$2,500,000
Price
6
Beds
4
Baths
2,073 Sq. Ft.
$1,206 / Sq. Ft.
2,073
Sq. Ft.
$1,206
per Sq. Ft.

Description

Charming 4 Unit Garden Style Apartments at the corner of College & Matteson Ave, in thriving Culver City/Clarkdale Area. Walking distance to Sony Studios, nearby restaurants , close proximity to Downtown Culver City and excellent Culver City Schools. Well maintained two 2bed/1bath & two 1 bed/1bath with solar panels on roof; 4th unit is above separate garage structure. All units are separately metered for gas/electricity. Each has its own 50s charm with great front outdoor space. The Building is...Charming 4 Unit Garden Style Apartments at the corner of College & Matteson Ave, in thriving Culver City/Clarkdale Area. Walking distance to Sony Studios, nearby restaurants , close proximity to Downtown Culver City and excellent Culver City Schools. Well maintained two 2bed/1bath & two 1 bed/1bath with solar panels on roof; 4th unit is above separate garage structure. All units are separately metered for gas/electricity. Each has its own 50s charm with great front outdoor space. The Building is surrounded by immaculate green landscaping and gated entrance. This amazing property resides on a HUGE lot (9,042 sqft) with the potential to build 6 to 10 units, buyer to verify, bring your investors and developers.
  1. Listed by Robert Bruni • DRE #00986763 • Brokerage DRE #01854200 • KW Advisors
  2. Listed by Martina Nilchian • DRE #01456416 • Brokerage DRE #01854200 • KW Advisors

Property Details for 3872 College Avenue

Water Front
None
Zoning
CCR4YY
Style
Garden Home
Parcel Number
4208021014
Total Units
4.0
Living Area
2073
Source Living Area
Assessor
Area
Culver City (C28)

Location

Listing Courtesy of KW Advisors, Robert Bruni, DRE #00986763; KW Advisors, Martina Nilchian, DRE #01456416
Add your commute
LISTING UPDATED: 12/22/2023 04:32 PM

Property Details for 3872 College Avenue

StatusActive
MLS #21-780250
Days on Market912
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.21 AC / 9,042 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Advisors, Robert Bruni, DRE #00986763; KW Advisors, Martina Nilchian, DRE #01456416
Add your commute

Building Information for 3872 College Avenue

Stories-Residences-Year Built1953Building Size-Lot Size0.21 AC / 9,042 SF

Payment Calculator

$14,753 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$1,109

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3872 College Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 4 Plex
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: West
  • Water: In Street
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $122,400
  • Net Operating Income: $85,680.00
  • Gross Income: $122,400
  • Gross Rent Multiplier: $20.42
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 36720
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.2076
  • Lot Size Square Feet: 9042
  • Lot Description: Fenced Yard
Parking Details
Parking Details
  • Parking Garage: Above Street Level
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Driveway Down Slope From Street
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Equipment: Solar Panels, Garbage Disposal, Range/Oven
  • Common Walls: Attached
  • Laundry: Community, Laundry Area
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Composition, Shingle
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Combination
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 09-05-2021
  • Listing Terms: Standard Sale
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Cable TV, Insurance, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,800.00
  • Unit Actual Rent: $1,695.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,800.00
  • Unit Actual Rent: $2,632.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $1,573.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $251,612.00
  • Assessed Improvement Percent: 26.21
  • Assessed Land Value: $708,504.00
  • Assessed Land Percent: 73.79
  • Assessed Total Value: $960,116.00

Property History for 3872 College Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3872 College Avenue

Taxable ValueLand$744,763Additions$264,488Total$1,009,251
Tax Record2023$13,311 ($1,109 / month)
Home Facts
Total Finished SqFt2,953 SqFtAbove Grade Finished SqFt2,953 SqFtLot Size9,042 SqFtStyleQuadraplexYear Built1953ZoningCCR4YYCountyLOS ANGELESAPN4208-021-014

Schools near 3872 College Avenue

This home is within Culver City Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
RatingSchoolDistance
La Ballona Elementary School
PublicK to 5

Culver City Middle School
Public6 to 8

Culver City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3872 College Avenue is a multi-family home for sale in Culver City, CA 90232. This property was listed for sale on September 4, 2021 by KW Advisors, it's currently listed at $2,500,000. It has been on the market for a total of 912 days and was last sold on March 1, 2002. This listing's school district is Culver City Unified School District. Nearby schools include La Ballona Elementary School, Culver City Middle School and Culver City High School. 3872 College Avenue is a 6-bed, 4-bath, 2,073 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Advisors, Robert Bruni, DRE #00986763; KW Advisors, Martina Nilchian, DRE #01456416

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.