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1438 Rolland Curtis Place, Los Angeles, CA 90062
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1438 Rolland Curtis Place Los Angeles, CA 90062

$810,000 Sold Price as of 08/30/2021
  • 7 Beds
  • 4 Baths
  • 3,024 Sq.Ft.
Sold
$810,000 Sold Price as of 08/30/2021 Refinance Your Mortgage
Map preview of 1438 Rolland Curtis Place, Los Angeles, CA 90062

Property Overview: 1438 Rolland Curtis Place Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,024 living square feet and 3,537 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT OPPORTUNITY TO BUY IN ONE OF LOS ANGELES HIGHEST IN DEMAND LOCATION! This property is priced to sell and will not last! Located only 1 mile from The University of Southern California (USC), The Natural History Museum, USC Village, the Figueroa corridor, Exposition Park, the Los Angeles Memorial Coliseum, the new and beautiful Banc of California Stadium home of the LAFC soccer team, the Lucas Museum of Narrative Art development valued at $1 billion. Centrally located a few minutes from Downtown LA. The building is only a short walk to the Metro E Line as well as the Exposition Blvd and Denker Ave bus stop. Therefore, cars are not necessary for the tenants to get around LA. ONE UNIT TO BE DELIVERED VACANT - 2BD | 1 BA (Unit with Balcony) The building is eligible for Tier 3 Transit-Oriented Community density bonuses. 1438 Rolland Curtis Place boasts an ideal unit mix of 3 | 2 Bed 1 Bath units & 1 | 1 Bed 1 Bath, each separately metered. All the tenants are current on rents throughout the year, with a rental increase due at the end of June. The building is situated on a bright and lush gated corner in the vibrant city of Los Angeles. With over 80% to market rental income, the building is ideal for a value investor to reposition. The building can support around a 500 Sqft detached ADU in the back lot for additional income, a comprehensive ADU analysis has been completed.

Listed by Derek Branch | BRE #02100209 | Alden Pacific Investments, Inc.
Co-listed by John Alden | BRE #02114291 | Alden Pacific Investments, Inc.
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
3,537
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB21059875
City
Los Angeles
County
Los Angeles
Time on Site
1154 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,324
  • Total Rent: $1,324
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,434
  • Total Rent: $1,434
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $510
  • Total Rent: $510
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,636
  • Net Operating Income: $36,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,000
  • Electric: $0
  • Gas/Fuel: $200
  • New Taxes: $8,832
  • Trash: $1,000
  • Insurance: $700
  • Water/Sewer: $1,000

Property Details for 1438 Rolland Curtis Place

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Head West 1 mile on Expo Blvd from the LA Memorial Coliseum, turn left onto Denker Ave and arrive at the intersection of Rolland Curtis and Denker
Neighborhood Information
  • Community Features: Biking, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1438 Rolland Curtis Place

Last sold for $810,000 on August 30th, 2021

  • August, 2021

  • Aug 30, 2021

    Date

    Sold

    CRMLS: SB21059875

    $810,000

    Price

  • Jun 14, 2021

    Date

    Pending

    CRMLS: SB21059875

    $849,999

    Price

  • May 8, 2021

    Date

    Price Change

    CRMLS: SB21059875

    $849,999

    Price

  • May 5, 2021

    Date

    Active

    CRMLS: SB21059875

    $799,000

    Price

  • Apr 16, 2021

    Date

    Pending

    CRMLS: SB21059875

    $799,000

    Price

  • Mar 23, 2021

    Date

    Active

    CRMLS: SB21059875

    $799,000

    Price

Tax History for 1438 Rolland Curtis Place

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1438 Rolland Curtis Place sold on August 30, 2021 for 28.57% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $281.08 per/sqft which puts the price per square foot 62.77% lower than the current median sale per square foot for the city of Los Angeles.

About 1438 Rolland Curtis Place

Detailed summary of property

1438 Rolland Curtis Place is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 3,024 living square feet, and sits on an approximately 3,537 square foot lot. 1438 Rolland Curtis Place was first listed on ArdentRealEstateGroup.com on March 23, 2021. The homeowner sold the property for $810,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.57% lower than the current median priced home. Local homes that are currently for sale include 5166 S Manhattan Pl, 2001 S Congress Ave and 5162 Ruthelen St. While the average home in Los Angeles, CA is selling in 92 days, 1438 Rolland Curtis Place has a days on market of 54 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1438 Rolland Curtis Place Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1438 Rolland Curtis Place

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$869,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

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Homes for Sale Near 1438 Rolland Curtis Place

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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