$1,650,000
$1,775,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1033 S Curson AVE Los Angeles, CA 90019
8 Beds
8 Baths
4,406 SqFt
Key Details
Sold Price $1,650,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,406 sqft
Price per Sqft $374
MLS Listing ID 23296465
Sold Date 11/15/23
Bedrooms 8
HOA Y/N No
Year Built 1961
Lot Size 5,497 Sqft
Lot Dimensions Assessor
Property Description
We are pleased to offer for sale a five-unit apartment community located at 1033 South Curson Avenue. The subject property is located just north of San Vicente Boulevard within the desirable Mid-City sub-market. Situated on a 5,499 square foot parcel, the property is comprised of three two-bedroom units and two one-bedroom units. Two of the two-bedroom units will be delivered vacant, allowing new ownership to immediately re-tenant the units and achieve market rental rates. The property has 37% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 1033 South Curson Avenue an excellent acquisition opportunity.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR2
Interior
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5085002007
Special Listing Condition Standard
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Bought with Kimiyasu Murayoshi Andrew C. Lee