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Bronson Avenue Duplex 1945 S Bronson Ave 2 Unit Apartment Building $1,095,000 ($547,500/Unit) 3.44% Cap Rate Los Angeles, CA 90018



Investment Highlights
- Apartments loaded with old world charm
- One unit available for potential new owner to live in
- Very Large Units
Executive Summary
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.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$65,784
|
$19.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$65,784
|
$19.67
|
| Taxes |
$13,750
|
$4.11
|
| Operating Expenses |
$14,380
|
$4.30
|
| Total Expenses |
$28,130
|
$8.41
|
| Net Operating Income |
$37,654
|
$11.26
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $65,784 |
| Annual Per SF | $19.67 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $65,784 |
| Annual Per SF | $19.67 |
| Taxes | |
|---|---|
| Annual | $13,750 |
| Annual Per SF | $4.11 |
| Operating Expenses | |
|---|---|
| Annual | $14,380 |
| Annual Per SF | $4.30 |
| Total Expenses | |
|---|---|
| Annual | $28,130 |
| Annual Per SF | $8.41 |
| Net Operating Income | |
|---|---|
| Annual | $37,654 |
| Annual Per SF | $11.26 |
Property Facts
| Price | $1,095,000 | Apartment Style | Low-Rise |
| Price Per Unit | $547,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 3.44% | Building Size | 3,344 SF |
| No. Units | 2 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1923 |
| Zoning | LARD2-1-0-CPIO - (CPIO) in the Los Angeles City Planning zoning code is a customized, specialized zoning tool used to implement specific policy of community plan | ||
| Price | $1,095,000 |
| Price Per Unit | $547,500 |
| Sale Type | Investment |
| Cap Rate | 3.44% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,344 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | LARD2-1-0-CPIO - (CPIO) in the Los Angeles City Planning zoning code is a customized, specialized zoning tool used to implement specific policy of community plan |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Sunroom
- Walk-In Closets
- Porch
- Large Bedrooms
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,850 | 1,672 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 5060-006-018 | Total Assessment | $514,972 |
| Land Assessment | $314,008 | Annual Taxes | $13,750 ($4.11/SF) |
| Improvements Assessment | $200,964 | Tax Year | 2025 |
Property Taxes
Parcel Number
5060-006-018
Land Assessment
$314,008
Improvements Assessment
$200,964
Total Assessment
$514,972
Annual Taxes
$13,750 ($4.11/SF)
Tax Year
2025
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Bronson Avenue Duplex | 1945 S Bronson Ave
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