Located in one of Los Angeles' most desirable rental corridors, 936 N Curson Ave presents a rare opportunity to acquire a well-positioned 8-unit multifamily asset just moments from West Hollywood, Melrose Avenue, and Beverly Grove. Priced at a 5.0% cap rate, the property offers strong in-place income, long-term upside potential,… Read More and a premier central location. All eight units are fully occupied and providing stable cash flow. Additionally, two units can be delivered vacant, creating immediate upside potential for an owner-user or investor seeking market-rate leasing opportunities. Situated on a quiet street with excellent walkability to some of LA's best dining, retail, and entertainment destinations, the property features attractive unit layouts, onsite parking, and classic Los Angeles character. Read Less
Property listed by Power Brokers, Marc 'Meir' Nemetsky 310-259-7556
Listing Snapshot
Days Online
20
Last Updated
Beds
12
Square Ft.
6,712
Lot Size
0.15 Acres
Year Built
1956
MLS Number
26846453
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1956, Living area: 6712.0, 1 building, Building faces West, 2 stories, Levels: Two, Construction Materials: Stucco
Disclosures
RentControl
Floors
Laminate
Heating
WallFurnace
Income
Gross Income: $178,068, Net Operating Income: $115,730
Interior Features
CeilingFans
Laundry
CommonArea
Lot
0.1519 acres, Dimensions: 50x130
Parking
2 open parking spaces, 7 total parking spaces, OneSpace
Pool
None
Roof
Composition, Shingle
Taxes
Parcel Number: 5530021003, Zoning: WDR3C*
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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