Address
3415 S Bronson Avenue Los Angeles, CA
Price
$ 1,400,000
Property Attributes
  • MLS#20608436
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaPark Hills Heights
  • Zip90018
  • Style
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
David Harrington with Matthews Real Estate Investment Services.
Property Description

The 5-Unit apartment building of 3415 S Bronson Avenue is being brought on the market in the ever-growing neighborhood of West Adams. The building itself has been recently painted with exterior landscape renovations to match. Three (3) of the Five (5) units have been recently renovated with Class-A finishes that drive rents in this market. The renovations show a clear path for a prospective buyer to do the same with the remaining Two (2) units. The property comes with Assumable debt of $910,000 dollars at an attractive rate of 4.05%. Bronson Avenue allows an investor to push rents with an already steady cash-flowing building. The stability and lower risk associated with this deal can be seen in the 4.84% Current Cap Rate and 13.60 Current GRM.

Price History
7/23/2020 Listed $1,425,000
10/9/2020 2% - $1,400,000

General Features

Cooling None
Directions Near Bronson and W Jefferson Blvd
Heating None
Levels Multi/Split
Listing Agent David Harrington - BRE#01320460
Listing Agent State License 01320460
MLS Area PHHT - Park Hills Heights
Parking Features Driveway Down Slope From Street
Special Listing Conditions Standard
Total Units 5
Zoning LAR3

Interior Features

Total Stories 2

Exterior Features

Lot Dimensions 40x158
Lot Size Acres 0.1400
Lot Size Area 6292.0000
Lot Size Square Feet 6292.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90018

Price
AVG $1.41M
$1.4M
Visits
AVG 35
69
Year Built
AVG 1937
1945
Walkscore
AVG 73
84
Data Provided by Walkscore ® not using MLS data

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