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… Read More 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. Read Less
Courtesy of NAI Capital Commercial Inc. 818-905-2400
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