NOT LISTED FOR SALE

1854 S Curson Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,141,000 - $3,156,000

12 Beds
12 Baths
5,690 Sq Ft
$436/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $2,500,000 $439 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,687/month

91 Days on Market

Highlights

  • New Construction
  • Main Floor Bedroom
  • Home Office
  • Wood Flooring
  • Modern Architecture
  • Living Room

About This Home

As of December 2020

Welcome to 1854 S. Curson Ave. - a NEW CONSTRUCTION 3 Unit town home investment opportunity. Fabulous open floor plans and luxurious finishes throughout. The property is centrally located and moments from the designer stores, bars, restaurants, attractions and Sony Studio, making it very desirable to those wanting to live by Culver City. Also, close to the 10 Freeway, giving great access to surrounding areas. With very strong rental activity, this is a great opportunity for passive income with a high cap rate and NO RENT CONTROL. Please inquire for Operating Memorandum.

Last Agent to Sell the Property

Aram Afshar

Coldwell Banker Realty License #01484569 Listed on: 07/11/2020

Coldwell Banker Realty

Co-Listed By

Bahareh Saedi

Coldwell Banker Realty License #02090990

Last Buyer's Agent

Aram Afshar

Coldwell Banker Realty License #01484569 Listed on: 07/11/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,359

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,751 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 5,690 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Home Office
  • Wood Flooring

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Main Floor Bedroom
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5064-015-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,359

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 5690
  • Lot Acreage: 0.1320
  • Price Per Unit: 865000.00
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2020
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Appliances: Oven-Gas
  • Bedrooms: 12
  • Bedroom Features: Main Floor Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Price Per S Q F T: 456.06

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 22.00
  • Assessed Improvement Value: 124948
  • Assessed Land Percent: 78
  • Assessed Land Value: 443030
  • Total Assessed Value: 567978
  • Assessor Parcel Number: 5064-015-009
  • Lot Size Area: 5751

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.69
  • Number Of Units: 3
  • Type Of Units: SFR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Nov 10, 2020
Sold by
1854 Curson Llc
Bought by
Elrakabawy Hassan and Marwa Kaisey
Seller's Agent
Aram Afshar
Coldwell Banker Realty
Buyer's Agent
Aram Afshar
Coldwell Banker Realty
List Price
$2,595,000
Sold Price
$2,500,000
Premium/Discount to List
-$95,000
-3.66%
Current Estimated Value
$2,481,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,420
Avg. Annual Appreciation
-0.15%
Original Mortgage
$150,000
Outstanding Balance
$133,545
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,348,035

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 16, 2018
Sold by
Elyasnik Padram
Bought by
1854 Curson Llc
Seller's Agent
Analia Bortolo
Luxury Collective
Buyer's Agent
Analia Bortolo
Keller Williams Realty Santa Monica
List Price
$900,000
Sold Price
$825,000
Premium/Discount to List
-$75,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.20%

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 1, 2018
Sold by
Nik Ashieee L
Bought by
Eliasnik Pedram
Seller's Agent
Analia Bortolo
Luxury Collective
Buyer's Agent
Analia Bortolo
Keller Williams Realty Santa Monica
List Price
$900,000
Sold Price
$825,000
Premium/Discount to List
-$75,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 28, 2018
Closed on
Apr 3, 2018
Sold by
Hernandez Joel
Bought by
Eliasnik Pedram
Seller's Agent
Analia Bortolo
Luxury Collective
Buyer's Agent
Analia Bortolo
Keller Williams Realty Santa Monica
List Price
$900,000
Sold Price
$825,000
Premium/Discount to List
-$75,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2007
Sold by
Hernandez Hilda
Bought by
Hernandez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2007
Sold by
Hernandez Martin C and Hernandez Joel
Bought by
Hernandez Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2002
Sold by
Dowaliby Michael Randy
Bought by
Hernandez Martin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,675
Interest Rate
6.52%

Purchase Details

Closed on
Mar 6, 2002
Sold by
Carnow Abe and Carnow Pauline Agnes
Bought by
Dowaliby Michael Randy

Purchase Details

Closed on
Sep 9, 1993
Sold by
Dowaliby Pauline Agnes
Bought by
Dowaliby Pauline Agnes and The Pauline Agnes Dowaliby Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elrakabawy Hassan $2,500,000 Chicago Title
1854 Curson Llc -- None Available
Eliasnik Pedram -- Lawyers Title
Eliasnik Pedram $825,000 Lawyers Title
Hernandez Martin -- New Century Title Glendale
Hernandez Joel -- New Century Title Glendale
Hernandez Martin C $216,500 Equity Title
Dowaliby Michael Randy -- --
Dowaliby Pauline Agnes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elrakabawy Hassan $150,000
Open Elrakabawy Hassan $1,975,000
Previous Owner Eliasnik Pedram $660,000
Previous Owner Hernandez Joel $300,000
Previous Owner Hernandez Martin C $205,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 For Sale $2,595,000 +3.8% $456 / Sq Ft
12/18/2020 12/18/20 Sold $2,500,000 0.0% $439 / Sq Ft
10/21/2020 10/21/20 Rented $4,895 0.0% --
10/08/2020 10/08/20 Off Market $2,500,000 -- --
09/21/2020 09/21/20 For Rent $4,895 0.0% --
08/24/2020 08/24/20 Off Market $4,895 -- --
08/06/2020 08/06/20 For Rent $4,895 0.0% --
07/11/2020 07/11/20 For Sale $2,595,000 +214.5% $456 / Sq Ft
05/30/2018 05/30/18 Sold $825,000 -8.3% $447 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $900,000 -- $488 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,359 $2,706,078 $1,515,404 $1,190,674
2024 $32,359 $2,653,019 $1,485,691 $1,167,328
2023 $31,731 $2,601,000 $1,456,560 $1,144,440
2022 $30,252 $2,550,000 $1,428,000 $1,122,000
2021 $29,948 $2,500,000 $1,400,000 $1,100,000
2020 $19,009 $841,500 $688,500 $153,000
2019 $10,187 $841,500 $688,500 $153,000
2018 $7,177 $579,336 $451,890 $127,446
2016 $6,857 $556,843 $434,344 $122,499
2015 $6,758 $548,479 $427,820 $120,659
2014 $6,792 $537,736 $419,440 $118,296
Source: Public Records

Agents Affiliated with this Home

  • Aram Afshar

    Seller's Agent in 2020

    Aram Afshar

    Coldwell Banker Realty

    (310) 702-0583

    1 in this area

    63 Total Sales

    Aram Afshar
    Section Image
  • Robert Crawford

    Seller's Agent in 2020

    Robert Crawford

    WE ARE REALTY INC

    (310) 745-2877

    1 in this area

    8 Total Sales

    Robert Crawford
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Bahareh Saedi

    Coldwell Banker Realty

    (310) 820-6651

    1 in this area

    12 Total Sales

    Bahareh Saedi
    Section Image

  • A

    Seller's Agent in 2018

    Analia Bortolo

    Luxury Collective

    (818) 915-0057

    46 Total Sales

    Analia Bortolo
    Section Image
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Map

Source: The MLS

MLS Number: 20-602856

The MLS

APN: 5064-015-009

California Los Angeles County Los Angeles 90019 Mid-City

1854 S Curson Ave, Los Angeles, CA

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