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322 N Curson Ave, Los Angeles, CA 90036
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322 N Curson Ave Los Angeles, CA 90036

$2,500,000 Sold Price as of 04/19/2022
  • 8 Beds
  • 4 Baths
  • 5,292 Sq.Ft.
Sold
$2,500,000 Sold Price as of 04/19/2022 Refinance Your Mortgage
Map preview of 322 N Curson Ave, Los Angeles, CA 90036

Property Overview: 322 N Curson Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,292 living square feet and 6,498 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FIRST TIME ON THE MARKET IN OVER 55 YEARS! Fabulous Opportunity to purchase a 4 Plex in one of the hottest Locations In Los Angeles. Each Unit are 2 Bedroom 1 Bathroom with a lot of Original Art Deco detailing intact. One unit delivered vacant for perfect owner User or to capture unit at new Market Rent. Opportunity to add Value by installing stack washer and Dryers in each unit. Location! Location! Location! Building is Located Near The Grove, Pan Pacific Park, Famers Market, La Brea Tar Pits, Peterson Museum, Cedar Sinai, Beverly Center and array of restaurants up and down Beverly Blvd and Fairfax Ave. There is parking in the rear of the building. Constructed in 1928, this a great opportunity for an investor to capitalize on the rental upside while taking advantage of the historical Low Residential Financing. Easy to show vacant Unit. Drive by only. Please do not disturb tenants. Interior inspection with accepted offer only.

Listed by Joshua Tomaszewski | BRE #01836611 | JRM Properties
Last checked: 13 minutes ago | Last updated: April 20th, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
6,498
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22136925
City
Los Angeles
County
Los Angeles
Time on Site
845 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,892
  • Total Rent: $1,892
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,972
  • Total Rent: $1,972
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 22.9
  • Gross Scheduled Income: --
  • Net Operating Income: $64,981
  • Gross Operating Income: $105,504
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $600
  • New Taxes: $31,187
  • Gardener: $900
  • Insurance: $2,136
  • Maintenance: $2,500
  • Water/Sewer: $2,100

Property Details for 322 N Curson Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Room Information
  • Flooring: Wood
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Detached Carport, Covered
Property Information
  • Total # of Units: 4
  • Parcel Number: 5526041018
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: North Of Beverly, East of Fairfax
View more facts & features

Local Los Angeles Agent

Sale History for 322 N Curson Ave

Last sold for $2,500,000 on April 19th, 2022

  • April, 2022

  • Apr 19, 2022

    Date

    Sold

    CRMLS: 22136925

    $2,500,000

    Price

  • Mar 16, 2022

    Date

    Active

    CRMLS: 22136925

    $2,495,000

    Price

  • January, 2007

  • Jan 12, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 322 N Curson Ave

Assessed Value (2020): $134,455
Year Land Value Improved Value Assessed Value
2020 $64,091 $70,364 $134,455

Home Value Compared to the Market

This property vs the competition

322 N Curson Ave sold on April 19, 2022 for 95.84% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $471.47 per/sqft which puts the price per square foot 40.4% lower than the current median sale per square foot for the city of Los Angeles.

About 322 N Curson Ave

Detailed summary of property

322 N Curson Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 5,292 living square feet, and sits on an approximately 6,498 square foot lot. 322 N Curson Ave was first listed on ArdentRealEstateGroup.com on March 16, 2022. The homeowner sold the property for $2,500,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 95.84% higher than the current median priced home. Local homes that are currently for sale include 812 Alandele Ave, 823 N Harper Ave and 7401 Fountain Ave. While the average home in Los Angeles, CA is selling in 102 days, 322 N Curson Ave has a days on market of 9 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 322 N Curson Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 322 N Curson Ave

Public county record property details
Beds
8
Baths
4
Year built
1928
Sq. Ft.
5,292
Lot Size
6,497
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
291,292
APN
5526-041-018

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$963
Median Sold Price
$2,310,000
Median Sold Price/Sq.Ft.
$778
Total Inventory
38
Median Sale to List Price %
94.29%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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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