1552 Brockton Avenue, Los Angeles, CA 90025

$2,900,000 Approx. USD 9 beds, 12 baths
5,694 sqft

Agent Remarks

Contact broker for full marketing package. Prime West LA location with an excellent unit mix of 3-bachelors, 3-one bedroom one bath units and 3-two bedroom two bath units. Over the span of ownership, 7 out of 9 units have been remodeled with new laminate flooring, new kitchen cabinets, granite countertops and tiled floors in kitchens. The property is separately metered for gas and electricity. The property also features a laundry room for the convenience of the residents and additional monthly income. Priced at only $322,222/unit, 3.3% CAP and 18.5 x current rents with significant upside in rents of approximately 31%. Large 6,990 +/-S.F. lot plus an alley zoned LAR-3 suitable to develop luxury condominiums. Per owner, property has been re-piped for copper and property does NOT have soft-story construction, eliminating the costly retrofit for the new owner. Drive by only, do not disturb tenants. Shown w/accepted offer.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 16-154518
List price is $2,900,000
Beds: 9
Baths: 12
Built in 1960
5,694 sqft
2 Story stories
County: Los Angeles
Zoning: LAR3
Appliances: Garbage Disposal
Parking description: Uncovered
Heating description: Wall Heater
MLS area: West Los Angeles (WLA)

Last Updated: 9/16/2016

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This listing belongs to the West Los Angeles (WLA) MLS area

The listing is zoned LAR3.
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Lat/Long: 34.040253, -118.459831.
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Broker: Courtesy of Charles Dunn West La
Listing Agent: Ramin Gheitanchi

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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