2910 S Curson Avenue, Los Angeles, CA 90016
List Price: $1.32M
Listing Status: Active
0Days on Market: 0
12 Bedrooms · 6 Bathrooms · 5,084 sq ft
Property Type: ResidentialIncome
Year Built: 1956
Lot Size: 7,162 sq ft
MLS Number: 26852979
About This Property
2910 S Curson Avenue is a well maintained six unit apartment building located in a supply constrained pocket of Mid City Los Angeles. Built in 1956, the property totals 5,084 square feet on a 7,160 SF lot, offering an efficient unit mix of six spacious 2-bedroom/1-bath units, each approximately 825 SF. The building provides six covered carport parking spaces, a valuable amenity in this dense central Los Angeles submarket. Current operations reflect stable tenancy with significant embedded upside. Market rents support 54% rental upside across all units. Pro forma income reaches $180,000 annually, driving a projected 9.72% cap rate and 7.36 GRM at market rents. The property sits within a Tier 3 Transit-Oriented Communities (TOC) zone, offering meaningful density and incentive potential for future redevelopment. Additionally, the site is located in a federally designated Opportunity Zone, creating long-term tax-advantaged investment pathways for both value-add and redevelopment strategies. With its central location, covered parking, large floor plans, and significant mark to market potential combined with its Tier 3 TOC and Opportunity Zonedesignations2910 S Curson Avenue represents a compelling value add or long term strategic redevelopment opportunity in one of Los Angeles' most consistently demanded rental corridors. Please do not disturb the tenants.
Listing provided by: Tim Steuernol DRE #01742766 818-905-2400 tsteuernol@naicapital.com, NAI Capital Commercial Inc.
Source: CRMLS