1235 S BRONSON Avenue Los Angeles, CA $ 1,475,000
1235 S BRONSON Avenue
$ 1,475,000

1235 S BRONSON Avenue

Los Angeles, CA, 90019
$ 1,475,000
Bedrooms Baths0.0

Monthly Estimate*

$ 7,033

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1235 S BRONSON Avenue, Los Angeles, CA 90019 - Image 1
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Single Family Home for sale in Los Angeles, CA

for $1,475,000. This home was built in 1923 on a lot size of 0.1694 Acre(s).

I am pleased to offer for sale a four unit apartment community located at 1235 South Bronson Avenue. Positioned just North of Pico Boulevard and East of Crenshaw Blvd, the property is located in the heart of Mid-City. The offering represents a unique buying opportunity to acquire an apartment building with 75 percent of the units being delivered vacant at close of escrow, allowing a buyer the ability to immediately capture market rental rates. The property consists of one building totaling 3, 572 square feet. The unit mix is comprised of 100 percent large two-bed-room units. Due to its 1923 construction, the property is subject to Los Angeles rent control statutes. The subject property allows an investor to acquire a 1920's vintage apartment asset in a desirable location. An astute investor will be able to immediately take advantage of the upside in rental income.

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Single Family Active

Price

$ 1,475,000

Property Type

Single Family

Lot Size

0.1694 Acre(s)

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

19467460

Features
Interior
Building Amenities Laundry
Cooling System Other
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Exterior
Garage Parking Garage
Parking Parking
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* Excluded Features
List By

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$7,033
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,033
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Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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1235 S BRONSON Avenue, Los Angeles, CA, 90019 is a Single Family Home for sale at $1,475,000 with a lot size of 0.1694 Acre(s). 1235 S BRONSON Avenue has 0.0 baths and was built in 1923. The property's zip code is 90019 which is in Los Angeles, CA