1945 S Bronson Ave - Multi-Family FOR SALE


Los Angeles, CA 90018- Arlington Heights
$1,095,000 USD
310-592-7067
1945 S Bronson Ave, Los Angeles, CA for Sale
$1,095,000 USD
Multi-Family - FOR SALE
1/14
null | 3.44% Cap Rate

1945 S Bronson Ave
Los Angeles, CA 90018
Arlington Heights


HIGHLIGHTS

  • Apartments loaded with old world charm
  • Very Large Units
  • One unit available for potential new owner to live in

OVERVIEW

Very large (3,344 square feet) 2-story duplex in very good condtion located in Mid-City Los Angeles. Ample parking provided with a 3-car garage and driveway areas for prospective owner/tenants. This is an ideal owner/user opportunity or it can be held for investment purposes. Building was built in 1923, with great floor plans and unit mix. Both units are 2 bedroom / 1 bath each with large living and dinning rooms. Each unit has a spacious hallway area with big bedrooms, great closet spaces, front and rear entrances and laundry hookups. The downstairs unit has an additional room that can be characterized as a sun porch (which is a large outdoor balcony in the upstairs unit). Classically styled with an American South West feel. This classic 1920s-era duplex offers a compelling alternative to a traditional single-family home. In nearby neighborhoods, the cost of a single-family residence exceeds the per unit price of this investment, making it an attractive value opportunity. Located in mid-city Los Angeles south of Washington Boulevard and east of Crenshaw Boulevard. This residential street runs north/south. Close to all that Los Angeles has to offer. DTLA is to the east, Hollywood to the north, and Beverly Hills, WLA are to the west. It is located in one of the strongest employment clusters in all of the United States. Please do not walk on the property or disturb the tenants. Please call listing agent for more information.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$327 USD /SF

# OF UNITS

2

PRICE/UNIT

$547,500

CAP RATE

3.44%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bronson Avenue Duplex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,502 SF

ZONING

LARD2-1-0-CPIO

APN/PARCEL ID

5060-006-018

ASK ABOUT THIS PROPERTY

Jim GilbLee & AssociatesMore Info
310-592-7067

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Jim GilbLee & AssociatesMore Info
310-592-7067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.