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Multifamily

Chloe on Curson

1031 N Curson Ave, West Hollywood, CA 90046

Listing Price: $14,200,000

Cap Rate
4.78%
Number of Units
38
GRM
12.61
Price/Unit
$373,684
Price/Gross SF
$463.72
Gross SF
30,622

Investment Overview

NOTE: OFFERS ARE DUE ON OR BEFORE THURSDAY, NOVEMBER 2ND.

IPA is offering this Property concurrently with the 7-property, 238-unit ViveLA Portfolio of assets. Properties may be purchased on an individual, multi-property, or complete portfolio basis.

PROPERTY TOURS:
Property tours are available during the following time slots on the following dates upon request. You must register your client by contacting either Kevin Green (kgreen@ipausa.com) or Joe Grabiec (jgrabiec@ipausa.com) to reserve and confirm your spot for the tour.

TOUR DATES:
- October 19th
- October 25th

TIME SLOTS BY PROPERTY AVAILABLE ON TOUR DATES:

- Aiden on Ash; 40 Units; 5515-5525 Ash Street (Highland Park) 9:00 am to 9:45am
- Milo on Morton; 66 Units; 1815 Morton Avenue (Echo Park) 10:15am to 11:00am
- Chloe on Curson; 38 Units; 929 Curson Avenue (West Hollywood) 11:30am to 12:00pm
- Ollie on Ogden; 36 Units; 1001 Ogden Drive (West Hollywood) 12:00pm to 12:30pm
- Harper on Hayworth & Nora on Norton; 24 Units & 18 Units; 1122 Hayworth Avenue (West Hollywood) 1:00pm to 1:30pm
- Beau on Bundy; 16 Units; 1231 South Bundy Drive (West LA) 2:15pm to 2:45pm

Investment Highlights

  • Part of the 7-Property, 238-unit ViveLA portfolio. May be purchased on an individual, multi-property, or complete portfolio basis.
  • Proven interior renovation scope to emulate and capture 30%+ in remaining rental income upside.
  • Almost all mechanical systems and deferred maintenance needs have been addressed. Investors can focus on remaining unrenovated units.
  • West Hollywood is a Superb Submarket - 78% of the population are renters, 69% college educated, and 52% earn more than $75K.

Exclusively Listed By

Multifamily

Chloe on Curson

Listing Price: $14,200,000

Cap Rate
4.78%
Number of Units
38
GRM
12.61
Price/Unit
$373,684
Price/Gross SF
$463.72
Gross SF
30,622

Investment Highlights

  • Part of the 7-Property, 238-unit ViveLA portfolio. May be purchased on an individual, multi-property, or complete portfolio basis.
  • Proven interior renovation scope to emulate and capture 30%+ in remaining rental income upside.
  • Almost all mechanical systems and deferred maintenance needs have been addressed. Investors can focus on remaining unrenovated units.
  • West Hollywood is a Superb Submarket - 78% of the population are renters, 69% college educated, and 52% earn more than $75K.

Investment Overview

NOTE: OFFERS ARE DUE ON OR BEFORE THURSDAY, NOVEMBER 2ND. IPA is offering this Property concurrently with the 7-property, 238-unit ViveLA Portfolio of assets. Properties may be purchased on an individual, multi-property, or complete portfolio basis. PROPERTY TOURS: Property tours are available during the following time slots on the following dates upon request. You must register your client by contacting either Kevin Green (kgreen@ipausa.com) or Joe Grabiec (jgrabiec@ipausa.com) to reserve and confirm your spot for the tour. TOUR DATES: - October 19th - October 25th TIME SLOTS BY PROPERTY AVAILABLE ON TOUR DATES: - Aiden on Ash; 40 Units; 5515-5525 Ash Street (Highland Park) 9:00 am to 9:45am - Milo on Morton; 66 Units; 1815 Morton Avenue (Echo Park) 10:15am to 11:00am - Chloe on Curson; 38 Units; 929 Curson Avenue (West Hollywood) 11:30am to 12:00pm - Ollie on Ogden; 36 Units; 1001 Ogden Drive (West Hollywood) 12:00pm to 12:30pm - Harper on Hayworth & Nora on Norton; 24 Units & 18 Units; 1122 Hayworth Avenue (West Hollywood) 1:00pm to 1:30pm - Beau on Bundy; 16 Units; 1231 South Bundy Drive (West LA) 2:15pm to 2:45pm

Exclusively Listed By

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