Property
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
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.