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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,325,000

Est. payment | -/mo

12 Beds

6 Baths

5,084 SqFt

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$ 1,325,000

Est. payment | -/mo

Save

12 Beds

6 Baths

5,084 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,084 sqft

Price per Sqft $260

MLS Listing ID 26852979

Bedrooms 12

HOA Y/N No

Year Built 1956

Lot Size 7,161 Sqft

Property Description

2910 S Curson Avenue is a well maintained six unit apartment building located in a supply constrained pocket of Mid City Los Angeles. Built in 1956, the property totals 5,084 square feet on a 7,160 SF lot, offering an efficient unit mix of six spacious 2-bedroom/1-bath units, each approximately 825 SF. The building provides six covered carport parking spaces, a valuable amenity in this dense central Los Angeles submarket. Current operations reflect stable tenancy with significant embedded upside. Market rents support 54% rental upside across all units. Pro forma income reaches $180,000 annually, driving a projected 9.72% cap rate and 7.36 GRM at market rents. The property sits within a Tier 3 Transit-Oriented Communities (TOC) zone, offering meaningful density and incentive potential for future redevelopment. Additionally, the site is located in a federally designated Opportunity Zone, creating long-term tax-advantaged investment pathways for both value-add and redevelopment strategies. With its central location, covered parking, large floor plans, and significant mark to market potential combined with its Tier 3 TOC and Opportunity Zonedesignations2910 S Curson Avenue represents a compelling value add or long term strategic redevelopment opportunity in one of Los Angeles' most consistently demanded rental corridors. Please do not disturb the tenants.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Electric

Cooling None

Fireplaces Type None

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5048019030

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Tim Steuernol NAI Capital Commercial Inc. #01742766

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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2910 S Curson AVE Los Angeles, CA 90016