NOT LISTED FOR SALE
15 Beds
15 Baths
15,520 Sq Ft
8,102 Sq Ft Lot

Last Sold May 26, 2017

Last sale price $6,120,000 $394 Per Sq Ft

66 Days on Market

Highlights

  • Gated Parking
  • Sundeck
  • Controlled Access
  • Wood Flooring
  • Elevator
  • Central Heating and Cooling System

About This Home

As of May 2017

1432 N Curson is a 2016-built 9-unit building, built with the highest-end finishes and touches throughout. The subject building presents an investor a unique opportunity to own the premier building on a premier street, just a few buildings south of famous Sunset Blvd. As of 3/7/16, six (6) of the nine (9) units are leased. The building features nine state-of-the-art, large apartments, a rooftop deck, wi-fi enabled Nest thermostats and a parking garage with electric vehicle charging stations. Each unit has its own large balcony, open floor plan, high ceilings, hardwood and carpet floors,family room, living room, dining room, office, in-unit storage, walk-in closet, ceiling fans, breakfast bar, granite counters in the kitchen and stainless steel appliances. The property will be delivered with certificate of occupancy in place. An incredible opportunity for a 1031 exchange, owner-user, or value-add investor.

Last Agent to Sell the Property

Oron Maher

California Real Property, Inc License #01299093 Listed on: 01/09/2017

California Real Property, Inc

Last Buyer's Agent

Caleb Myers

Redfin License #02051988

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 8,102 Sq Ft Lot

Interior Spaces

  • 15,520 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 14 Parking Spaces
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5550-026-006

Community Details

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Elevator

Additional Features

  • 9 Units
  • Controlled Access

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 15520
  • Stories: 3
  • Year Built: 2016
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood
  • Bedrooms: 15
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 15.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 418.75

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Community Garage
  • Total Parking: 14

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Gated Parking, Sun Deck

Fee Information

  • Insurance Expense: 7500.00
  • Maintenance Expense: 9396.00

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Value: 1500000
  • Assessor Parcel Number: 5550-026-006
  • Geocode Override: No
  • Lot Size Area: 8102

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 18.05
  • Number Of Units: 9
  • Total Annual Expense: 98134
  • Type Of Units: Apartments
  • Vacancy Rate: 100

Tax Info

  • Tax Expense: 81238.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $6,120,000 -5.8% $394 / Sq Ft
01/09/2017 01/09/17 For Sale $6,499,000 -- $419 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-190230

The MLS

APN: 5550-026-006