Detailed Introduction Of This Property
We are pleased to offer for sale a five-unit apartment community located at 1033 South Curson Avenue. The subject property is located just north of San Vicente Boulevard within the desirable Mid-City sub-market. Situated on a 5,499 square foot parcel, the property is comprised of three two-bedroom units and two one-bedroom units. Two of the two-bedroom units will be delivered vacant, allowing new ownership to immediately re-tenant the units and achieve market rental rates. The property has 37% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 1033 South Curson Avenue an excellent acquisition opportunity.