Log In/Sign Up
Your email has been sent.
3837 College Ave - Rare Culver City CCR4 Development Site 0.17 Acres of Residential Land Offered at $2,741,080 CAD in Culver City, CA 90232
Investment Highlights
- Rare CCR4 Development Site – Culver City’s highest-density residential zoning designation.
- Attractive Basis – Offered at $95,238 per buildable unit and $267 per land SF.
- Transit-Oriented Opportunity – Approximately 1.6 miles to the Metro E Line.
- Build Up to 21 Units – Significant multifamily development potential on a ±7,500 SF parcel.
- Prime Culver City Arts District Location – One of the Westside’s most active mixed-use and multifamily corridors.
- Exceptional Employment Drivers – Near Sony Pictures, Amazon Studios, Apple, HBO, and TikTok.
Executive Summary
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.
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.
Property Facts
| Price | $2,741,080 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.17 AC |
| Zoning | CCR4YY - high density residential | ||
| Price | $2,741,080 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.17 AC |
| Zoning | CCR4YY - high density residential |
1 Lot Available
Lot
| Price | $2,741,080 CAD | Lot Size | 0.17 AC |
| Price Per AC | $16,124,000.27 CAD |
| Price | $2,741,080 CAD |
| Price Per AC | $16,124,000.27 CAD |
| Lot Size | 0.17 AC |
1 1
Moderately walkable
60/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4208-022-022 | Improvements Assessment | $28,496 CAD |
| Land Assessment | $100,705 CAD | Total Assessment | $129,201 CAD |
Property Taxes
Parcel Number
4208-022-022
Land Assessment
$100,705 CAD
Improvements Assessment
$28,496 CAD
Total Assessment
$129,201 CAD
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3837 College Ave - Rare Culver City CCR4 Development Site
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.