Seller's Agent in 2015
Jared Levine
Keller Williams Realty Calabasas
(818) 657-6500
1 in this area
14 Total Sales
925 N Curson Ave West Hollywood, CA 90046
12
Beds
10
Baths
7,913
Sq Ft
6,491
Sq Ft Lot
About This Home
As of July 2015THE SELLER WANTS TO SEE ALL QUALIFIED OFFERS
THE CURSON offers an investor the opportunity to purchase a stabilized luxury 10 unit* asset with future potential in upside. The current ownership has tastefully renovated 4 units over the course of a year which include new bathrooms, kitchens, flooring, fixtures, and lighting. As units continue to turn and should the Buyer continue to upgrade the remaining units they may realize potential upside in this high demand luxury rental market.
The property has an excellent unit mix of two (0+1) four (1+1) one (2+1.5) and three (2+1.75) in which 4 of the units have been renovated with updates such as stainless steel appliance packages, new cabinetry, tile floors, carrara marble | granite | and/or quartz surfaces, moldings, modern hardware, and recessed lighting.
The two (0+1) are non conforming BUT registered with the City of West Hollywood. Expenses are estimated and Buyer shall underwrite with their own expenses. Laundry is approx. Unit 6 is Section 8 . | Two (0+1) may not be Sep. Metered for gas & Elec.
Unit 3 delivered vacant. Original Condition | No Parking for that unit
Please contact agent to request a marketing package
Last Agent to Sell the Property
Keller Williams Realty Calabasas License #01804008 Listed on: 03/30/2015
Last Buyer's Agent
Keller Williams Realty Calabasas License #01804008 Listed on: 03/30/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 6,491 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Home Design
- 7,913 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 12 Bedrooms
- 10 Bathrooms
Parking
- 8 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Location
- Urban Location
Listing and Financial Details
- Tax Lot 397
- Tax Tract Number 7001
- Assessor Parcel Number 5530022017
Community Details
Overview
- 10 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,166
- Insurance Expense $2,750
- Maintenance Expense $6,500
- Professional Management Expense $3,000
- Trash Expense $1,250
- Water Sewer Expense $2,166
- New Taxes Expense $35,937
- Gross Income $15,741
- Net Operating Income $121,292
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2015 07/13/15 | Sold | $2,692,500 | -10.1% | $340 / Sq Ft |
| 06/22/2015 06/22/15 | Pending | -- | -- | -- |
| 03/30/2015 03/30/15 | For Sale | $2,995,000 | -- | $378 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR14224342
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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