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1162 Rolland Curtis Pl

Los Angeles, CA 90037
  • $1,800,000
  • STATUS: Pending
  • ON SITE: 31 Days
  • MLS #: 21-112531
Pending
UPDATED: 156 min ago
$1,800,000
  • 11
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,448
    SQFT
  • $405
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

We are pleased to offer for sale a 5-unit apartment community located at 1162 Rolland CurtisPlace. The subject property offers residents a highly desirable locationthat is walkable to the main campus of University of Southern Californiawhile also providing easy access to all of USC's landmarks, academicbuildings, and entertainment options. Students also benefit from beingapproximately three miles from L.A. Live, Staples Center and numerousother Downtown Los Angeles attractions and amenities.1162 Rolland Curtis Place is situated on a 6,004 square foot parcel andfeatures four two-bedroom units and one three-bedroom townhousestyle unit. Investors will have the opportunity to acquire a property withan ideal unit-mix that caters to USC students that are increasingly seekinghousing south of campus.Given the location and opportunity to increase rental income, 1162 RollandCurtis Place provides an investor with the opportunity to acquire a wellmaintainedbuilding with attractive in-place yield and additional rental upside.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T23:42:25.73. 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.
www.deserthouseseekers.com/homes/124148089
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1162 Rolland Curtis Pl Los Angeles, CA 90037

  • Price: $1,800,000
  • Status: Pending
  • On Site: 31 Days
  • Updated: 156 min ago
  • MLS #: 21-112531
11
Beds
0
Baths
0
½ Baths
0.14
Acres
4,448
SQFT
$405
$/SQFT
1965
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
We are pleased to offer for sale a 5-unit apartment community located at 1162 Rolland CurtisPlace. The subject property offers residents a highly desirable locationthat is walkable to the main campus of University of Southern Californiawhile also providing easy access to all of USC's landmarks, academicbuildings, and entertainment options. Students also benefit from beingapproximately three miles from L.A. Live, Staples Center and numerousother Downtown Los Angeles attractions and amenities.1162 Rolland Curtis Place is situated on a 6,004 square foot parcel andfeatures four two-bedroom units and one three-bedroom townhousestyle unit. Investors will have the opportunity to acquire a property withan ideal unit-mix that caters to USC students that are increasingly seekinghousing south of campus.Given the location and opportunity to increase rental income, 1162 RollandCurtis Place provides an investor with the opportunity to acquire a wellmaintainedbuilding with attractive in-place yield and additional rental upside.
Exterior Features

Lot Size Area 6004 Other Structures None Parking Garage Covered Parking Total Parking 5

Interior Features

Baths Total 6.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 434846 Gross Income 125760 Gross Operating Income 121988 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 80580.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 41408 Type Of Units Residential Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T23:42:25.73. 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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Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210