1632 South Bronson Avenue, Los Angeles, CA 90019

$1,095,000 Approx. USD 8 beds, 4 baths
3,851 sqft
Reduced by $54,000 on 10/17/2016

Agent Remarks

We are pleased to offer for sale a 4-unit apartment community located at 1632 South Bronson Avenue. Positioned just south of Venice Boulevard, the property is located in the heart of Mid-City. The offering represents a unique buying opportunity to acquire an apartment building with 50 percent of the units being delivered vacant at close of escrow.The property consists of one building totaling 3,851 square feet. The unit mix is comprised of 100% large two-bedroom units. Due to its 1947 construction, the property is subject to Los Angeles rent control statutes. The subject property allows an investor to acquire a 1940's vintage apartment asset in a desirable location. An astute investor will be able to immediately implement a thorough renovation program and take advantage of the upside in rental income.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16-164094
List price is $1,095,000 Reduced by $54,000 on 10/17/2016
Beds: 8
Baths: 4
Built in 1947
3,851 sqft
County: Los Angeles
Zoning: LARD2
Parking type: Parking Space
Interior features: Other
Heating description: Other
MLS area: Mid Los Angeles (C16)

Last Updated: 10/17/2016

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This listing belongs to the Mid Los Angeles (C16) MLS area

The listing is zoned LARD2.
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Lat/Long: 34.043392, -118.327545.
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Broker: Courtesy of Marcus & Millichap
Listing Agent: Sean Rosenzweig

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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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