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

$2,268,500 Sold Price as of 07/29/2022
  • 8 Beds
  • 4 Baths
  • 5,870 Sq.Ft.
Sold
$2,268,500 Sold Price as of 07/29/2022 Refinance Your Mortgage
Map preview of 438 N Curson Ave, Los Angeles, CA 90036

Property Overview: 438 N Curson Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,870 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Offered for sale for the first time in over 45 years, 438 North Curson Avenue is a four-unit investment opportunity located in the Fairfax District/Beverly Grove neighborhood, a densely populated rental submarket known for excellent rental growth and low vacancy rates. Additionally, one unit will be delivered vacant at the close of escrow providing a great opportunity for an owner-user or investor. 438 North Curson Avenue consists of One (1) very large 2 bedroom (plus den) / 1 bathroom unit and Three (3) large 2 bedroom/1 bath units. Each unit is separately metered for gas and electricity. There are five 1-car garages. The property has a WALKSCORE OF 87 and is within proximity to The Grove and Farmer's Market, La Brea Avenue and Melrose Avenue, all considered some LA's most popular destinations for numerous retail and restaurant venues.

Listed by Archie Robb | BRE #02002291 | Keller Williams Studio City
Co-listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 8 minutes ago | Last updated: October 25th, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1929
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
22159153
City
Los Angeles
County
Los Angeles
Time on Site
767 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: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,337
  • Total Rent: $2,337
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,779
  • Total Rent: $1,779
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.8
  • Gross Scheduled Income: --
  • Net Operating Income: $88,294
  • Gross Operating Income: $126,161
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 438 N Curson Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage - Single Door, Garage, Driveway
Property Information
  • Total # of Units: 4
  • Parcel Number: 5526030025
Location / Neighborhood
Location Information
  • Directions: Google Maps. On Curson Ave, just North of Beverly Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 438 N Curson Ave

Last leased for $3,900 on October 24th, 2022

  • October, 2022

  • Oct 24, 2022

    Date

    Leased

    CRMLS: 22202551

    $3,900

    Price

  • Sep 23, 2022

    Date

    Active

    CRMLS: 22202551

    $4,200

    Price

  • Listing provided courtesy of CRMLS

    Spacious unit in Grove/Melrose area. This bright unit features spacious living room, dining room, 3 bedrooms, newly remodelled kitchen and bathroom with tub/shower combo, and a in unit laundry with its own washer and dryer. Newly installed SPC floors through out the unit, new paint, new windows, front and back entrance for convenience. A private single-car garage for storage is included. Excellent location close to the Beverly Center, Grove Shopping Mall, shopping and dining on Melrose, Beverly and Third Street, museums and others. Must see!!

  • July, 2022

  • Jul 29, 2022

    Date

    Sold

    CRMLS: 22159153

    $2,268,500

    Price

  • May 25, 2022

    Date

    Active

    CRMLS: 22159153

    $2,295,000

    Price

  • October, 2008

  • Oct 6, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 438 N Curson Ave

Assessed Value (2020): $1,031,716
Year Land Value Improved Value Assessed Value
2020 $635,853 $395,863 $1,031,716

Home Value Compared to the Market

This property vs the competition

438 N Curson Ave sold on July 29, 2022 for 103.1% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $390.97 per/sqft which puts the price per square foot 48.15% lower than the current median sale per square foot for the city of Los Angeles.

About 438 N Curson Ave

Detailed summary of property

438 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 5,870 living square feet, and sits on an approximately 6,500 square foot lot. 438 N Curson Ave was first listed on ArdentRealEstateGroup.com on May 25, 2022. The homeowner sold the property for $2,268,500. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 103.1% higher than the current median priced home. Local homes that are currently for sale include 8256 Blackburn Ave, 6615 Melrose Ave and 6138 Orange St. While the average home in Los Angeles, CA is selling in 99 days, 438 N Curson Ave has a days on market of 37 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 438 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 438 N Curson Ave

Public county record property details
Beds
8
Baths
4
Year built
1929
Sq. Ft.
5,870
Lot Size
6,500
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
308
APN
5526-030-025

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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