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The Savoy 1232 S Bronson Ave 16 Unit Apartment Building $3,400,000 ($212,500/Unit) 5.27% Cap Rate Los Angeles, CA 90019
EXECUTIVE SUMMARY
1232 S Bronson Avenue presents a compelling investment opportunity in the heart of Mid-City - a central, transit-connected neighborhood known for its strong rental demand, long-term appreciation, and close proximity to DTLA, Koreatown, and Westside job hubs.
PROPERTY FACTS
| Price | $3,400,000 | Apartment Style | Low-Rise |
| Price Per Unit | $212,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 5.27% | Building Size | 17,448 SF |
| Gross Rent Multiplier | 10.57 | No. Stories | 3 |
| No. Units | 16 | Year Built | 1965 |
| Property Type | Multifamily | Parking Ratio | 1.03/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR3 | ||
| Price | $3,400,000 |
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| Cap Rate | 5.27% |
| Gross Rent Multiplier | 10.57 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 17,448 SF |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | LAR3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 9 | - | - |
| 1+1 | 6 | - | - |
| Studios | 1 | - | - |
1 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 5081-007-012 | Improvements Assessment | $377,918 |
| Land Assessment | $277,137 | Total Assessment | $655,055 |
PROPERTY TAXES
Parcel Number
5081-007-012
Land Assessment
$277,137
Improvements Assessment
$377,918
Total Assessment
$655,055
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The Savoy | 1232 S Bronson Ave
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