Listing banner image
  • Asking Price
    $1,800,000Asking Price
  • Price/SF
    $240Price/SF
  • Price
    $85,714Price
  • Zoning
    CCR4Zoning
  • Property Type
    Land/DevelopmentProperty Type
  • State
    CAState

Description

3837 College Avenue is a ±7,500 SF infill development site located in the Culver City Arts District and zoned CCR4, Culver City's highest-density residential designation. Offered at a reduced price of $1,800,000, the site supports up to 21 buildable multifamily units and presents a rare opportunity to develop high-density housing in one of the Westside's most supply-constrained submarkets.

The rectangular 50' x 150' parcel provides a buyer-controlled development path with potential to utilize California State Density Bonus programs. Existing improvements are intended to be demolished, creating a clean slate for future development. The property's location offers convenient access to Downtown Culver City, the Metro E Line, The Culver Steps, Ivy Station, Platform, and major employment centers including Sony Pictures, Amazon Studios, Apple, and HBO.

Priced at approximately $240 per land square foot and $85,714 per buildable unit, the site is positioned below recent comparable CCR4 land transactions in Culver City. This offering presents an opportunity for developers and investors seeking a well-located, transit-oriented multifamily development site in a highly desirable Westside location.

Documents

Offering Summary

  • Asking Price
    $1,800,000
  • Price PSF
    $240
  • Price/Unit
    $85,714
  • Property Type
    Land/Development

Documents

Property Address

3837 College Ave
Culver City, CA 90232

Property Details

  • Property Type
    Land/Development
  • Zoning
    CCR4

Property Details

  • Property Type
    Land/Development
  • Zoning
    CCR4

Deal Team

Filip Niculete profile image

Filip Niculete

LA Apartment Advisors

Description

3837 College Avenue is a ±7,500 SF infill development site located in the Culver City Arts District and zoned CCR4, Culver City's highest-density residential designation. Offered at a reduced price of $1,800,000, the site supports up to 21 buildable multifamily units and presents a rare opportunity to develop high-density housing in one of the Westside's most supply-constrained submarkets.

The rectangular 50' x 150' parcel provides a buyer-controlled development path with potential to utilize California State Density Bonus programs. Existing improvements are intended to be demolished, creating a clean slate for future development. The property's location offers convenient access to Downtown Culver City, the Metro E Line, The Culver Steps, Ivy Station, Platform, and major employment centers including Sony Pictures, Amazon Studios, Apple, and HBO.

Priced at approximately $240 per land square foot and $85,714 per buildable unit, the site is positioned below recent comparable CCR4 land transactions in Culver City. This offering presents an opportunity for developers and investors seeking a well-located, transit-oriented multifamily development site in a highly desirable Westside location.

Documents

Offering Summary

  • Asking Price
    $1,800,000
  • Price PSF
    $240
  • Price/Unit
    $85,714
  • Property Type
    Land/Development

Documents

Property Address

3837 College Ave
Culver City, CA 90232

Property Details

  • Property Type
    Land/Development
  • Zoning
    CCR4

Property Details

  • Property Type
    Land/Development
  • Zoning
    CCR4

Deal Team

Filip Niculete profile image

Filip Niculete

LA Apartment Advisors
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