NOT LISTED FOR SALE

337 N Curson Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,120,000 - $3,197,000

8 Beds
4 Baths
5,528 Sq Ft
$491/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $2,400,000 $434 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $17,647/month

23 Days on Market

About This Home

As of December 2020

We are pleased to offer this four unit classic Spanish style multifamily investment offering, located in the Historic Fairfax District in the City of Los Angeles. The subject property contains 5,528 rentable square feet on a 6,500 square foot lot. The unit mix consists of four spacious 2+1 units with washer/dryer hookups and consisting of much of their original charm and character. Three out of the four units are in rent ready condition for a new owner to rent units immediately. Recent property upgrades include, reinforcement and support of foundation, four new forced air heating units, new exterior paint and new exterior landscaping. There are five garage parking spaces located at the rear of the property and the building is individually metered for both electricity and gas.

Last Agent to Sell the Property

Griffin White

BRC Advisors- BH License #02031785 Listed on: 10/28/2020

BRC Advisors- BH

Co-Listed By

Edward Patterson

BRC Advisors BH License #01765179

Last Buyer's Agent

Griffin White

BRC Advisors- BH License #02031785 Listed on: 10/28/2020

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,286

Year Built

  • Built in 1928

Lot Details

  • 6,501

Parking

  • 5 Parking Spaces

Interior Spaces

  • 5,528 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,501 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5526-042-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,286

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5528
  • Lot Acreage: 0.1492
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 451.34

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 5

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessor Parcel Number: 5526-042-008
  • Lot Size Area: 6501

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.90
  • Number Of Units: 4
  • Total Annual Expense: 41357
  • Type Of Units: Income
  • Vacancy Rate: 2%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Nov 25, 2020
Sold by
337 Curson Llc
Bought by
Colonia Investment Co Ltd
Seller's Agent
Griffin White
BRC Advisors- BH
Buyer's Agent
Griffin White
BRC Advisors- BH
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Total Days on Market
23
Current Estimated Value
$2,715,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,467
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
May 7, 2019
Closed on
Jul 26, 2019
Sold by
Zacarias Jacquline and Estelle Tencnbaum Revocable
Bought by
337 Curson Llc
Seller's Agent
Ian Hollinger
BRC Advisors- BH
Buyer's Agent
Edward Patterson
BRC Advisors- BH
List Price
$2,250,000
Sold Price
$1,700,000
Premium/Discount to List
-$550,000
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.38%
Original Mortgage
$250,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2018
Sold by
Tenebaum Estelle and Zacarias Jacqueline
Bought by
Zacarius Jacqueline and The Estelle Tenebaum Revocable

Purchase Details

Closed on
Jan 12, 2011
Sold by
Weiss Malvina
Bought by
Weiss Malvina and The Malvina Weiss Trust

Purchase Details

Closed on
May 30, 2002
Sold by
Cohen Sheldon and Tennenbaum Estelle
Bought by
Tennenbaum Estelle

Purchase Details

Closed on
May 20, 2002
Sold by
Cohen Sydel H
Bought by
Cohen Shdel H and Sydel H Cohen 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
Colonia Investment Co Ltd $2,400,000 Ticor Title
337 Curson Llc $1,700,000 Pacific Coast Title Company
Zacarius Jacqueline -- None Available
Weiss Malvina -- None Available
Cohen Shdel H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 337 Curson Llc $350,000
Previous Owner 337 Curson Llc $250,000
Previous Owner 337 Curson Llc $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $2,400,000 -3.8% $434 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $2,495,000 +46.8% $451 / Sq Ft
08/19/2019 08/19/19 Sold $1,700,000 -24.4% $308 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $2,250,000 -- $407 / 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
2024 $31,286 $2,546,898 $1,697,932 $848,966
2023 $30,683 $2,496,960 $1,664,640 $832,320
2022 $29,262 $2,448,000 $1,632,000 $816,000
2021 $28,890 $2,400,000 $1,600,000 $800,000
2020 $21,081 $1,700,000 $1,190,000 $510,000
2019 $5,051 $372,301 $186,258 $186,043
2018 $4,908 $365,002 $182,606 $182,396
2016 $4,641 $350,830 $175,516 $175,314
2015 $4,579 $345,561 $172,880 $172,681
2014 $4,621 $338,793 $169,494 $169,299
Source: Public Records

Agents Affiliated with this Home

  • Griffin White

    Seller's Agent in 2020

    Griffin White

    BRC Advisors- BH

    (949) 306-1175

    1 in this area

    29 Total Sales

    Griffin White
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Edward Patterson

    BRC Advisors BH

  • Ian Hollinger

    Seller's Agent in 2019

    Ian Hollinger

    BRC Advisors- BH

    (213) 226-8700

    19 Total Sales

    Ian Hollinger
    Section Image
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Map

Source: The MLS

MLS Number: 20-652816

The MLS

APN: 5526-042-008

California Los Angeles County Los Angeles 90036 Melrose

337 N Curson Ave, Los Angeles, CA

This home is located at 337 N Curson Ave, Los Angeles, CA 90036 since 28 October 2020 and is currently estimated at $2,715,467, approximately $491 per square foot. This property was built in 1928. 337 N Curson Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Cheder Of Los Angeles.

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