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860 S Curson Avenue

Los Angeles (City), CA 90036
  • $1,850,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 22155553
UPDATED: 45 min ago
$1,850,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

Listing Agent(s): Saadia 'Sam' Liberow of Marcus & Millichap (818-212-2700)


Description

We are pleased to present 860 S Curson Ave, a charming, Spanish-style duplex located in the Miracle Mile area. The subject property is being delivered 100% vacant, perfect for an owner-user to live in one unit and rent out the other to help offset the mortgage, or an investor looking for a property in an excellent location for long-term appreciation. 860 S Curson Ave was built in 1927 and is situated on a 7,016 SF lot. The two-story structure offers 3,886 rentable square feet and consists of two (2) large three-bedroom, two-bathroom units. The two units have had minor upgrades over the years but remain in mostly original condition(please see photos). There is both garage and surface parking available near the rear of the lot, offering plenty of space for both tenants and guests alike. Additionally, there is a sizeable lounge/courtyard area next to the garages in the back, offering an astute investor the opportunity to possibly repurpose the area to build an ADU to generate additional income (buyer to verify). The property is located on a prime street in Miracle Mile (Walk Score 87) and offers immediate access to the neighboring communities of Beverly Hills, Koreatown, and WeHo. The proximity to world-class venues such as The Grove & Farmer's Market makes this an ideal investment for an apartment operator seeking a stable investment opportunity along with long-term wealth preservation and appreciation.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128590639
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860 S Curson Avenue Los Angeles (City), CA 90036

  • Price: $1,850,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 45 min ago
  • ID#: 22155553
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1927
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
We are pleased to present 860 S Curson Ave, a charming, Spanish-style duplex located in the Miracle Mile area. The subject property is being delivered 100% vacant, perfect for an owner-user to live in one unit and rent out the other to help offset the mortgage, or an investor looking for a property in an excellent location for long-term appreciation. 860 S Curson Ave was built in 1927 and is situated on a 7,016 SF lot. The two-story structure offers 3,886 rentable square feet and consists of two (2) large three-bedroom, two-bathroom units. The two units have had minor upgrades over the years but remain in mostly original condition(please see photos). There is both garage and surface parking available near the rear of the lot, offering plenty of space for both tenants and guests alike. Additionally, there is a sizeable lounge/courtyard area next to the garages in the back, offering an astute investor the opportunity to possibly repurpose the area to build an ADU to generate additional income (buyer to verify). The property is located on a prime street in Miracle Mile (Walk Score 87) and offers immediate access to the neighboring communities of Beverly Hills, Koreatown, and WeHo. The proximity to world-class venues such as The Grove & Farmer's Market makes this an ideal investment for an apartment operator seeking a stable investment opportunity along with long-term wealth preservation and appreciation.
Exterior Features

Parking Features ConcreteGarage Parking Total 3

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association Fee 0 Garage YN Yes Gross Income 93004 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 60486 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368874121-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368874121-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368874121-1.jpg
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Saadia 'Sam' Liberow of Marcus & Millichap (818-212-2700)