1439 N Curson Avenue, Los Angeles, CA 90046

$6,200,000
CLOSED
ACTIVE
$6,200,000
CLOSED
ACTIVE

Property Highlights

Year Built:
1928
Units:
20
Price / Unit:
$310,000
Price / SqFt:
$577.71
Property Type:
Multifamily
Building SqFt:
10,732

Property Details

Overview

  • Year Built: 1928
  • Total Units: 20 (16 Studio Units, 4 One-Bedroom Units)
  • Building Type: Two-Story Apartment Community

Unit Details

  • Unit Composition:
    • Studios: 16
    • One-Bedrooms: 4
  • Condition: Turn-Key
  • Renovations: 19 of the 20 units have been recently renovated, combining modern aesthetics with functional living.
  • Unit Features:
    • Stainless Steel Appliances: Equipped with high-end kitchen appliances that enhance both utility and style.
    • Quartz Countertops: Durable and visually appealing, providing a sleek workspace in kitchens.
    • Stainless Chrome Designer Fixtures and Hardware: Adding a touch of elegance and sophistication to each unit.
    • Modern Cabinetry: Thoughtfully designed to maximize storage while maintaining a contemporary look.
    • Wood-Inspired Flooring: Offers the warmth of hardwood with the practicality of easy maintenance, creating a welcoming atmosphere.

Building Amenities

El Casador prioritizes tenant comfort and community engagement with a variety of amenities:

  • Gated and Secured Access Points: Providing residents with a sense of security and peace of mind.
  • On-Site Laundry Facility: An essential convenience that caters to the daily needs of tenants.
  • Fully Landscaped Communal Backyard: A beautifully designed outdoor space that encourages social interaction and relaxation among residents, complete with seating areas and greenery.

Location Highlights

El Casador's location is one of its most attractive features:

  • Proximity to West Hollywood: Located just one block from the vibrant border of West Hollywood, residents have immediate access to an array of trendy boutiques, restaurants, and nightlife options.
  • Nearby Attractions: A short distance from the iconic Sunset Strip, known for its rich entertainment history, fine dining, and high-end shopping experiences.
  • Employment Centers: Hollywood is rapidly transforming into a significant hub for tech and media industries, making it a prime location for professionals seeking convenient housing near their workplaces.

Transit and Accessibility

The property’s excellent transit-oriented location is a significant draw for prospective tenants:

  • Metro Red Line Hollywood & Highland Station: Located approximately 1.0 mile away, providing efficient public transport options for those commuting throughout Los Angeles.
  • 101 Freeway Access: Just 2.5 miles from the freeway, facilitating easy travel to other key areas of the city and beyond.

Investment Highlights

For apartment building owners and investors, El Casador presents a unique opportunity:

  • Strong Rental Demand: The ongoing growth in Hollywood as an employment center continues to drive demand for quality rental units, ensuring steady occupancy rates.
  • Upgraded Living Spaces: The extensive renovations not only enhance tenant satisfaction but also contribute to increased rental values, positioning the property for long-term success.
  • Community Amenities: Features like secured access and a communal backyard create a desirable living environment, further attracting potential tenants.

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El Casador is more than just an apartment community; it embodies the ideal blend of historical charm and modern living, situated in one of Los Angeles' most vibrant neighborhoods. With its turn-key units, attractive amenities, and prime location, this property stands out as a premier investment opportunity in the competitive LA rental market.

For more information about this investment opportunity, please reach out to Taylor Avakian, founder of The Group CRE and First VP of Lyon Stahl.