3837 College Ave - Residential LAND FOR SALE


Culver City, CA 90232- Clarkdale7,275 SF
$2,000,000 USD
818-212-2748
3837 College Ave, Culver City, CA for Sale
$2,000,000 USD
Residential LAND - FOR SALE
1/12
7,275 SF

3837 College Ave
Culver City, CA 90232
Clarkdale


HIGHLIGHTS

  • Rare CCR4 Development Site – Culver City’s highest-density residential zoning designation.
  • Build Up to 21 Units – Significant multifamily development potential on a ±7,500 SF parcel.
  • Attractive Basis – Offered at $95,238 per buildable unit and $267 per land SF.
  • Prime Culver City Arts District Location – One of the Westside’s most active mixed-use and multifamily corridors.
  • Transit-Oriented Opportunity – Approximately 1.6 miles to the Metro E Line.
  • Exceptional Employment Drivers – Near Sony Pictures, Amazon Studios, Apple, HBO, and TikTok.

OVERVIEW

The LAAA Team of Marcus & Millichap is pleased to present 3837 College Avenue, a rare infill development opportunity located in the heart of the Culver City Arts District—one of Los Angeles’ most dynamic and supply-constrained Westside submarkets. Offered at $2,000,000, this ±7,500 square foot parcel is zoned CCR4 (Commercial Residential 4), Culver City’s highest-density residential zoning designation, and supports the development of up to 21 multifamily units. At just $95,238 per buildable unit and $267 per land square foot, the offering presents an attractive basis for developers seeking to capitalize on continued housing demand and limited land availability on the Westside. The site consists of a rectangular 50-foot by 150-foot lot (0.17 acres) currently improved with two residential structures and a detached garage/storage building, all of which are anticipated to be demolished to accommodate new development. CCR4 zoning allows for high-density multifamily construction, with additional upside possible through California State Density Bonus law depending on affordable housing set-asides and project design. Due diligence materials, including title, environmental reports, ALTA survey, and zoning analysis, are available upon request, allowing a buyer to move quickly through planning and entitlement. Situated within the highly sought-after Culver City Arts District, the property benefits from an 84 Walk Score and is approximately 1.6 miles from the Metro E Line, providing direct rail access to Santa Monica, Downtown Los Angeles, and USC. The surrounding neighborhood is anchored by some of Southern California’s most influential employers, including Sony Pictures, Amazon Studios, Apple, HBO, and TikTok, which collectively support a deep and affluent renter base. New construction properties in the immediate vicinity are achieving premium rents ranging from approximately $5.00 to $7.00 per square foot, underscoring the strong economic fundamentals and exceptional long-term development potential of this transit-oriented Westside location.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/ACRE

$11,975,187/AC

PRICE/SF

$275 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Rare Culver City CCR4 Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.17 AC

LAND SF

7,275 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CCR4YY

APN/PARCEL ID

4208-022-022

ASK ABOUT THIS PROPERTY

Filip NiculeteMarcus & MillichapMore Info
818-212-2748

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Filip NiculeteMarcus & MillichapMore Info
818-212-2748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.