1138 S Bronson Ave | Los Angeles, CA 90019
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- LoopNet Team
1138 S Bronson Ave
Los Angeles, CA 90019
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- The subject property was built in 1933, featuring eight units located in the Country Club Park neighborhood between Olympic Blvd and Pico Boulevard
- Low utilities as tenants are responsible for waste removal with individual trash bins; the building is also separately metered for gas and electricity
- The units boast dual entrances, hardwood floors throughout, tile floor in the kitchen and bathroom and modern appliances
- The Subject property totals 6,634 SF featuring a unit mix that includes four two-bedroom and four one bedroom units.
- The building is set on a 13,301 SF lot with community landscaped front yard, water fountain and a community laundry
- Offered at a 4.40% CAP rate; prime opportunity for an investor to acquire a building with strong in-place income with additional rental upside of 28%
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 6,634 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1933 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 6,634 SF |
| No. Stories | 2 |
| Year Built | 1933 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 575 - 660 |
| 2+1 | 4 | - | 840 - 850 |
PROPERTY TAXES
| Parcel Number | 5081-006-011 | Improvements Assessment | $764,069 |
| Land Assessment | $1,782,829 | Total Assessment | $2,546,898 |
PROPERTY TAXES
Parcel Number
5081-006-011
Land Assessment
$1,782,829
Improvements Assessment
$764,069
Total Assessment
$2,546,898
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