Address
1438 Rolland Curtis Place Los Angeles, CA
Price
$ 799,000
Property Attributes
  • MLS#SB21059875
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90062
  • Style
  • Price$ 799,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Derek Branch with Alden Pacific Investments, Inc..
Data Source:
CRMLS
Property Description

GREAT OPPORTUNITY TO BUY IN ONE OF LOS ANGELES HIGHEST IN DEMAND LOCATION! This property is priced to sell and will not last! Located only 1 mile from The University of Southern California (USC), The Natural History Museum, USC Village, the Figueroa corridor, Exposition Park, the Los Angeles Memorial Coliseum, the new and beautiful Banc of California Stadium home of the LAFC soccer team, the Lucas Museum of Narrative Art development valued at $1 billion. Centrally located a few minutes from Downtown LA. The building is only a short walk to the Metro E Line as well as the Exposition Blvd and Denker Ave bus stop. Therefore, cars are not necessary for the tenants to get around LA. The lot is zoned RD 2-1 and due to its proximity to public transit, the building is eligible for Tier 3 Transit-Oriented Community density bonuses. 1438 Rolland Curtis Place boasts an ideal unit mix of 3 | 2 Bed 1 Bath units & 1 | 1 Bed 1 Bath, each separately metered. All the tenants are current on rents throughout the year, with a rental increase due at the end of June. The building is situated on a bright and lush gated corner in the vibrant city of Los Angeles. With over 80% to market rental income, the building is ideal for a value investor to reposition. The building can support around a 500 Sqft detached ADU in the back lot for additional income, a comprehensive ADU analysis has been completed.

Price History
3/23/2021 Listed $799,000

General Features

Community Features Biking, Urban
MLS Area C34 - Los Angeles Southwest
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Sewer Tap Paid
Terms Cash, 1031 Exchange
Total Units 4
Water Sewer Expense 1000

Interior Features

Common Walls 2+ Common Walls
Laundry Features None

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.08
Lot Size Area 3537
Lot Size Square Feet 3537
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90062

Price
AVG $960K
$800K
Visits
AVG 20
25
Year Built
AVG 1927
1912
Walkscore
AVG 70
73
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.