1828 S Curson Avenue, Los Angeles, CA 90019
-
Listed Price :
$1,600,000
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Beds :
6
-
Baths :
5
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Property Size :
2,974 sqft
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Year Built :
1928
Property Description
This property features a diverse unit mix, including a spacious 3-bedroom, 3-bathroom single-family residence (SFR), a 2-bedroom, 1-bathroom unit, and a 1-bedroom, 1-bathroom unit. The varied unit sizes attract a wide range of tenants, helping to reduce vacancy rates and maintain stable cash flow. The 3+3 SFR, built in 2008, complements the two smaller units from 1928, allowing for flexible leasing strategies that balance higher rental income from the larger unit with more affordable options for the smaller units. Additionally, the SFR offers ADU conversion potential with a 1-car garage, providing an opportunity to further increase rental income. The property will be delivered with three vacant units, offering investors a value-add opportunity to renovate and achieve market-rate rents. Generous parking options include a private garage for the 3+3 SFR and additional garage and open spaces for the other units. Key amenities such as in-unit and on-site washer and dryer, central air and heat, a gated entrance, and manicured landscaping enhance tenant appeal. The vacant status of the property allows investors to hedge against potential rent control measures like Prop 33 by leasing at market rates. Moreover, the property is not subject to costly seismic retrofitting requirements, making it a more attractive investment opportunity.
Interior Features
| Bedroom Information |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
5 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
1828 S Curson Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90019 |
| County |
Los Angeles |
| Listing Agent |
Saadia 'Sam' Liberow DRE #01933858 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$1,600,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,974 |
| Lot Size |
5,752 |
| Year Built |
1928 |
Listing information courtesy of: Saadia 'Sam' Liberow, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 6:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
