$ 1,995,000
-
$1,995,000
Price -
8
Bed -
4
Bath -
5,296
SqFt
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About the Listing CLW-X82195 - CLW-C141551,CLW-C143567
357 - 359 N Curson Avenue, an extensively upgraded and well maintained Spanish-style 4-plex located in the highly desirable Beverly/Fairfax Historic District of Los Angeles. Upgrades include reinforced and strapped posts and girders throughout the foundation, ~90% copper plumbing (2022), new ABS drain and sewer lines, automatic gas shut-off valves, updated electrical panels (50 amps per unit), central air and heat for all units, some dual-paned windows, additional attic support beams, and a new roof (2023). The building totals 5,296 square feet on a 6,500 square foot lot and features four oversized 2+1 units averaging 1,324 square feet each. Every unit offers a desirable two-bedroom, one-bathroom layout with dual entrances. Each unit has its own private laundry room with washer/dryer and individual water heaters, and the units are separately metered for gas and electricity. At the rear of the property, residents benefit from five single car garage parking spaces, a highly sought-after amenity in this dense and walkable neighborhood. Priced at $1,995,000, this offering equates to $498,750 per unit, $376.70 per square foot, and provides investors with a 5.46% cap rate on current income and a 12.70 GRM.357359 N Curson Avenue is ideally located nearby to Erewhon, The Grove, LACMA, The Beverly Center and Pan Pacific Park. The property offers residents direct access to top dining, shopping, cultural attractions, and outdoor recreation. The central location also provides convenient connectivity to Beverly Hills, West Hollywood, and the greater Westside, ensuring consistent tenant demand and long-term value appreciation.With its blend of historic charm, large floor plans, extensive upgrades, and a highly walkable Beverly/Fairfax location, 357 - 359 N Curson Avenue presents investors with a great opportunity to acquire a stabilized, cash-flowing property in one of Los Angeles' most dynamic rental markets.
Listing Highlights for 357 N Curson Ave
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
25605289
Year Built
1929
Total Square Footage
5,296
Lot/Acreage
0.15
County
Los Angeles
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 5 car
- Parking Spaces: 5
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5526042003
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
357 N Curson Ave Los Angeles, CA 90036
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