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1033 S Curson Avenue, Los Angeles, CA 90019

Property

1033 S Curson Avenue, Los Angeles, CA 90019 Sold November 2023 CRMLS
$1,650,000Sold November 2023

Listing Agent: Sean Rosenzweig (DRE #01406343) · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Kimiyasu Murayoshi · Andrew C. Lee · MLS #23296465 · Source: CRMLS

8
Bedrooms
8
Bathrooms
4,406
Sq Ft
5,499 sqft
Lot Size
1961
Year Built
Property
Type
2
Stories

About this property

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.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$1,650,000
Sold November 2023 · listed $1,775,000, orig. $1,875,000, on market August 2023 · MLS #23296465 · Source: CRMLS
Listing Agent: Sean Rosenzweig · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Kimiyasu Murayoshi · Andrew C. Lee
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