$ 5,600,000
-
$5,600,000
Price -
1
Bed -
2
Bath -
10,732
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLW-X82195 - CLW-C138326
1439 N Curson Ave | 20-Unit Turn-Key Multifamily in Hollywood. Built in 1928 on an 8,712 SF LAR3 lot with 10,732 SF of improvements, this well-maintained asset features an efficient unit mix of (16) studios and (4) 1-bed/1-bath units. The property is 100% occupied with 19 of 20 units renovated, offering immediate in-place cash flow with clear upside through mark-to-market rent growth across the rent roll. Offered at $5,600,000 ($280,000/unit | $521.80/SF) with a 6.03% in-place cap rate and 7.12% pro forma cap rate, supported by additional income from RUBS, laundry, and other income streams. Centrally located near Sunset Boulevard and the Metro Red Line, the asset presents a compelling core-plus investment opportunity in a supply-constrained Hollywood submarket.
Listing Highlights
Interior Details
- Bedrooms: 1
- Bathrooms: 2 Full
- Appliances: Microwave
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 60x145
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5550029021
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1439 N Curson Ave Los Angeles, CA 90046
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
