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1504 S. Bronson Avenue,
Los Angeles, California 90019

$1,350,000
1504 S. Bronson Avenue, LA 90019

Property Details

Beds6 Baths4 Garage0
Bldg Size4 sq. ft

Property Description

We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment, located in prime Mid-City. The property offers spacious units with floor plans that average over 1,100 square feet. Two (2) units have been extensively updated & remodeled and feature hardwood oak floors, updated copper plumbing, quartz counter-tops, stainless steel kitchen appliances, and new in-unit washer & dryers. The other two (2) units present an excellent opportunity to renovate, remodel, reposition, and achieve market rents and increase cash flow. The property has approximately 4,380 rentable square feet on a 5,820 square foot lot, with a unit mix consisting of two (2) 2-bedroom + 1-bathroom units, and two (2) 1-bedroom + 1-bathroom units (The 1-bedroom units can easily be converted into 2-bedroom units because of the size and layouts). The current monthly gross income is $6,494, with approximately 35% upside in current rents. The investment includes a large detached private garage - An excellent value-add opportunity with ADU potential to further increase cash flow.

Property Status: For Sale

Location

1504 S. Bronson Avenue, Los Angeles, California 90019

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