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Multifamily

1432 N Curson Ave

1432 N Curson Ave, Los Angeles, CA 90046

Listing Price: $6,395,000

Cap Rate
2.95%
Number of Units
9
Price/Unit
$710,556
Price/Gross SF
$513.90
Gross SF
12,444

Investment Overview

Marcus and Millichap, as the exclusive listing agent is pleased to present the opportunity to acquire 1432 North Curson Avenue, a nine-unit multifamily investment opportunity located in the supply constrained 90046 zip code of Los Angeles, CA. The property features 12,444 square feet of gross rentable area, situated on a 7,982-square foot lot. The nine-unit building is composed of three one-bedroom/one-bathroom units and six two-bedroom/two-bathroom units. The building was built in 2016 and offers nine state-of-the-art, large apartments, a rooftop deck, wi-fi enables Nest thermostats and a parking charging stations. Each Unit has its own large balcony, open floor plan, high ceilings, hardwood and carpet floors, family room, dining room, office, in-suite storage, walk-in closet, ceiling fans, breakfast bar, granite counters in the kitchen and stainless steel appliances. The property is situated in one of the trendiest locations in Los Angeles, sitting just south of Sunset Boulevard, sandwiched between Stanley Avenue to the west and Sierra Bonita Avenue to the east. This prime location offers a tremendous amount of dining, shopping and entertainment destinations in walking distance to the property, while being a short commute of major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles. 1432 North Curson Avenue offers tenants excellent proximity to some of Los Angeles’ finest amenities such as the Beverly Center, Pacific Design Center, Melrose Avenue, the Sunset Strip, Restaurant Row on La Cienega, the world renowned shopping center, The Grove, LA County Museum of Art (LACMA) and others. Nearby grocers include Trader Joe’s, Whole Foods Market and Bristol Farms. Local dining options include E.P. & L.P, Fig & Olive, Taste on Melrose, Rosaline, Crossroads Kitchen, The Nice Guy and more. Due to the property’s premier location, 1432 North Curson Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in one of the trendiest locations in Los Angeles.

Investment Highlights

  • Excellent Unit Mix Composed of One and Two-Bedroom Units.
  • Constructed with the Highest-End Finishes and Touches Throughout!
  • Nine State-of-the-Art, Large Apartments, a Rooftop Deck, Wi-Fi Enabled Nest Thermostat and a Parking Garage with 14 Total Parking Spaces, Including Electric Vehicle Charging Stations.
  • Constructed in 2016!
  • Spacious Units Averaging Approx. 1,136 SF!

Exclusively Listed By

Listing Price: $6,395,000

Cap Rate
2.95%
Number of Units
9
Price/Unit
$710,556
Price/Gross SF
$513.90
Gross SF
12,444

Investment Highlights

  • Excellent Unit Mix Composed of One and Two-Bedroom Units.
  • Constructed with the Highest-End Finishes and Touches Throughout!
  • Nine State-of-the-Art, Large Apartments, a Rooftop Deck, Wi-Fi Enabled Nest Thermostat and a Parking Garage with 14 Total Parking Spaces, Including Electric Vehicle Charging Stations.
  • Constructed in 2016!
  • Spacious Units Averaging Approx. 1,136 SF!

Investment Overview

Marcus and Millichap, as the exclusive listing agent is pleased to present the opportunity to acquire 1432 North Curson Avenue, a nine-unit multifamily investment opportunity located in the supply constrained 90046 zip code of Los Angeles, CA. The property features 12,444 square feet of gross rentable area, situated on a 7,982-square foot lot. The nine-unit building is composed of three one-bedroom/one-bathroom units and six two-bedroom/two-bathroom units. The building was built in 2016 and offers nine state-of-the-art, large apartments, a rooftop deck, wi-fi enables Nest thermostats and a parking charging stations. Each Unit has its own large balcony, open floor plan, high ceilings, hardwood and carpet floors, family room, dining room, office, in-suite storage, walk-in closet, ceiling fans, breakfast bar, granite counters in the kitchen and stainless steel appliances. The property is situated in one of the trendiest locations in Los Angeles, sitting just south of Sunset Boulevard, sandwiched between Stanley Avenue to the west and Sierra Bonita Avenue to the east. This prime location offers a tremendous amount of dining, shopping and entertainment destinations in walking distance to the property, while being a short commute of major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles. 1432 North Curson Avenue offers tenants excellent proximity to some of Los Angeles’ finest amenities such as the Beverly Center, Pacific Design Center, Melrose Avenue, the Sunset Strip, Restaurant Row on La Cienega, the world renowned shopping center, The Grove, LA County Museum of Art (LACMA) and others. Nearby grocers include Trader Joe’s, Whole Foods Market and Bristol Farms. Local dining options include E.P. & L.P, Fig & Olive, Taste on Melrose, Rosaline, Crossroads Kitchen, The Nice Guy and more. Due to the property’s premier location, 1432 North Curson Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in one of the trendiest locations in Los Angeles.

Exclusively Listed By

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