357-359 N Curson Ave, Los Angeles, CA 90036

Oct 10

Written By Jake Glaser

4-Plex in Beverly/Fairfax | Extensively Upgraded w/ Strong Income

Sold: $2,000,000

Property Highlights

Glaser Group's 1st closing of 2026, recorded on 1/2/26
Extensively upgraded Spanish 4-plex in the Beverly/Fairfax Historic District
Generated 6 offers within first week and accepted fully non-contingent offer
Each large unit has 2 bedrooms / 1 bathroom, averaging 1,324 SF and has dual entrances in the rear
Separately metered for gas and electricity
Property has five covered single car garages in the back
Low maintenance & drought resistant landscaping
Recent capital improvements: reinforced & strapped posts and girders, some dual glazed windows, a new roof, central HVAC in all units, individual water heaters, ~90% copper plumbing, ABS drain and sewer lines, gas shut-off valves, and upgraded electrical
Walkable location near Erewhon, The Grove, LACMA, The Beverly Center, Terroni, and Pan Pacific Park
Cash flowing asset at a going-in 5.44% cap rate

The Deal Story

The Glaser Group is proud to announce the successful closing of 357–359 N Curson Avenue in Los Angeles — a fully renovated, turnkey Spanish-style 4-plex located in the coveted Beverly/Fairfax Historic District. This sale marks our first closing of 2026!

Within the first week on the market, we generated six highly competitive offers and conducted a best-and-final walkthrough with all interested parties. The property ultimately closed above asking price with a fully non-contingent buyer, delivering a smooth escrow aligned precisely with the Sellers’ objectives. The Glaser Group proudly represented both sides of the transaction.

The Sellers, two brothers, purchased the property together over 15 years ago using an FHA loan as a house-hack opportunity. With the guidance of our team, they were able to sell the asset for nearly twice their original purchase price as they move forward on separate paths — one executing a 1031 exchange back into the neighborhood, and the other electing to cash out.

The Buyer is a seasoned local investor who owns several similar properties in the area. We first connected with the Buyer more than five years ago and remained in contact until the right opportunity presented itself. The transaction was smooth from start to finish, with our team providing thoughtful guidance and representation for both parties.

If you’re considering a sale or acquisition, contact The Glaser Group at (310) 230-5157.