1439 North Curson Avenue

Los Angeles, CA 90046

$6,200,000
Price
4
Beds
20
Baths
10,732 Sq. Ft.
$578 / Sq. Ft.
10,732
Sq. Ft.
$578
per Sq. Ft.

Description

Curson Apartments is a twenty-unit apartment community built in 1928. The two-property is comprised of sixteen (16) studio units and four (4) one-bedroom units. Units are in turn-key condition with 19 of the 20 units recently renovated featuring stainless steel appliances, quartz countertops, stainless chrome designer fixtures and hardware, new modern cabinetry and wood inspired flooring. Building amenities include gated and secured access points, an on-site laundry facility and a fully landscaped...Curson Apartments is a twenty-unit apartment community built in 1928. The two-property is comprised of sixteen (16) studio units and four (4) one-bedroom units. Units are in turn-key condition with 19 of the 20 units recently renovated featuring stainless steel appliances, quartz countertops, stainless chrome designer fixtures and hardware, new modern cabinetry and wood inspired flooring. Building amenities include gated and secured access points, an on-site laundry facility and a fully landscaped communal backyard. Just one block away from the border of West Hollywood and minutes away from Sunset Strip, Curson Apartments is near world-class shopping, dining and entertainment destinations. Hollywood has become the home for the blossoming tech and media industries and solidified itself as one of Southern California's top employment centers. Centrally located, Curson Apartments benefit from an outstanding transit-oriented location, as the Property is located proximate to the Metro Red Line Hollywood & Highland Station (1.0 mile away) and the 101 Freeway (2.5 miles away).
  1. Listed by Taylor Avakian • DRE #02060040 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 1439 North Curson Avenue

Zoning
LAR3
Parcel Number
5550029021
Total Units
20.0
Living Area
10732
Source Living Area
Appraiser
Area
Hollywood (C20)
Vacancy Rate
3%
Lot Size Area
8701
LISTING UPDATED: 09/24/2024 07:20 AM

Property Details for 1439 North Curson Avenue

StatusActive
MLS #24-357459
Days on Market284
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.20 AC / 8,701 SF
CountyLos Angeles County

Building Information for 1439 North Curson Avenue

Stories2Residences-Year Built1928Building Size-Lot Size0.20 AC / 8,701 SF

Property Information for 1439 North Curson Avenue

Community / Development
Community / Development
  • Number Of Units: 20
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $490,141
  • Net Operating Income: $325,906.00
  • Gross Income: $490,141
  • Cap Rate: 5.30%
  • Gross Rent Multiplier: $12.52
  • Total Annual Expense: 161735
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1998
  • Lot Size Square Feet: 8701
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-12-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,954.00
  • Unit Actual Rent: $31,264.00
  • Unit Projected Rent: $33,520.00
  • Like Units: 16
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,334.00
  • Unit Actual Rent: $9,334.00
  • Unit Projected Rent: $11,200.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 1439 North Curson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1439 North Curson Avenue

Taxable ValueLand$4,127,418Additions$1,394,398Total$5,521,816
Tax Record2024$67,932 ($5,661 / month)
Home Facts
Total Finished SqFt10,732 SqFtAbove Grade Finished SqFt10,732 SqFtLot Size8,701 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLAR3CountyLOS ANGELESAPN5550-029-021

Schools near 1439 North Curson Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1439 North Curson Avenue is a multi-family home for sale in Los Angeles, CA 90046. This property was listed for sale on February 12, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $6,200,000. It has been on the market for a total of 284 days and was last sold on August 3, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardner Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 1439 North Curson Avenue is a 4-bed, 20-bath, 10,732 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Taylor Avakian, DRE #02060040

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.