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

$2,300,000 Sold Price as of 03/13/2020
  • 8 Beds
  • 4 Baths
  • 5,258 Sq.Ft.
Sold
$2,300,000 Sold Price as of 03/13/2020 Refinance Your Mortgage
Map preview of 425 N Curson Ave, Los Angeles, CA 90036

Property Overview: 425 N Curson Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,258 living square feet and 6,505 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Curson Apartments is a vintage Spanish fourplex located on a quiet residential street and surrounded by numerous amenities and large employment centers in walking distance. It is a 5-minute walk to The Grove. Built in 1930, the two-story property is comprised of 5,258 square feet on a 6,505-squarefoot lot. All four units are two-bedroom, one bath apartments measuring a very large 1,315 square feet. Three of the four units will be delivered vacant at the close of escrow, allowing for repositioning or redevelopment of the property if desired. * 5-Minute Walk to The Grove * Exceptionally Large Units of 1,315 Sq.Ft. each * Walk Score of 89 "Very Walkable" * Charming Vintage Architecture * Contains All Original Fixture (in good condition) * 5 Individual Garages

Listed by Warren Berzack | BRE #01329015 | Lee & Associates
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,505
HOA Dues
$0/mo
Year built
1930
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR20009051
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,565
  • Total Rent: $2,565
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,495
  • Total Rent: $3,495
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,495
  • Total Rent: $3,495
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,495
  • Total Rent: $3,495
  • Pro Forma/Market Rent: $3,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.32%
  • Gross Rent Multiplier: 15.86
  • Gross Scheduled Income: $157,302
  • Net Operating Income: $107,767
  • Gross Operating Income: --
  • Vacancy Allowance: $4,719
Annual Expense Breakdown
  • Total Operating Expense: $44,817
  • Electric: $400
  • Gas/Fuel: $400
  • Licenses: $271
  • New Taxes: $31,188
  • Trash: $1,000
  • Gardener: $1,200
  • Insurance: $1,400
  • Maintenance: $5,258
  • Water/Sewer: $3,000
  • Other Expenses: $400
  • Other Expense Description: Misc.

Property Details for 425 N Curson Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5526029010
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Melrose and Beverly, Just east of Fairfax
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 425 N Curson Ave

Last sold for $2,300,000 on March 13th, 2020

  • March, 2020

  • Mar 13, 2020

    Date

    Sold

    CRMLS: SR20009051

    $2,300,000

    Price

  • Jan 30, 2020

    Date

    Pending

    CRMLS: SR20009051

    $2,495,000

    Price

  • Jan 14, 2020

    Date

    Active

    CRMLS: SR20009051

    $2,495,000

    Price

  • March, 2020

  • Mar 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,300,000

    Price

  • March, 2009

  • Mar 2, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 425 N Curson Ave

Assessed Value (2020): $1,534,327
Year Land Value Improved Value Assessed Value
2020 $1,033,301 $501,026 $1,534,327

Home Value Compared to the Market

This property vs the competition

425 N Curson Ave sold on March 13, 2020 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 $474.52 per/sqft which puts the price per square foot 40.01% lower than the current median sale per square foot for the city of Los Angeles.

About 425 N Curson Ave

Detailed summary of property

425 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 5,258 living square feet, and sits on an approximately 6,505 square foot lot. 425 N Curson Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,300,000. 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 7401 Fountain Ave, 6138 Orange St and 6615 Melrose Ave. While the average home in Los Angeles, CA is selling in 100 days, 425 N Curson Ave has a days on market of 17 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 425 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 425 N Curson Ave

Public county record property details
Beds
8
Baths
4
Year built
1930
Sq. Ft.
5,258
Lot Size
6,505
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
322
APN
5526-029-010

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
40
Median Sale to List Price %
94.29%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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