Skip To Content

3513 Bronson Avenue

Los Angeles (City), CA 90018
  • $995,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: SB22087154
UPDATED: 23 min ago
$995,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


Description

3513 S Bronson Ave is a highly desirable 4-Plex accompanied with ready to issue permits to add 2 new units. This 4+2 unit building is located in the highly sought-after market in Crenshaw with plenty of upside for an investor looking to increase the value. This value add apartment building is located in the 90018 zip code in Los Angeles. With RTI plans for 2 ADU units, the property would operate at a 5.37% CAP and 12.35 GRM. The subject property has a unit mix of (4) 1-Bed/1-Bath units with plans in place for (1) 1-Bed/1-Bath and (1) Studio, totaling 6 units after construction. The potential of this building reaches above a 9.60% Cap rate and a GRM of 8.00. All units have their own electric and gas meters. This property offers the rare opportunity to lock in a 30- year fixed residential loan while having 6 units on site. This property is adjacent to Baldwin Village and Leimert Park in a rapidly growing submarket of Los Angeles. With easy access to the 10 Freeway, the property is a 20-minute drive to UCLA and 10 minutes to USC, truly a central hub of Los Angeles. THE SF REFLECTED REPRESENTS THE ADU CONVERSION

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T21:30:18.813. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128271754
Print Image

3513 Bronson Avenue Los Angeles (City), CA 90018

  • Price: $995,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 23 min ago
  • ID#: SB22087154
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1941
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
3513 S Bronson Ave is a highly desirable 4-Plex accompanied with ready to issue permits to add 2 new units. This 4+2 unit building is located in the highly sought-after market in Crenshaw with plenty of upside for an investor looking to increase the value. This value add apartment building is located in the 90018 zip code in Los Angeles. With RTI plans for 2 ADU units, the property would operate at a 5.37% CAP and 12.35 GRM. The subject property has a unit mix of (4) 1-Bed/1-Bath units with plans in place for (1) 1-Bed/1-Bath and (1) Studio, totaling 6 units after construction. The potential of this building reaches above a 9.60% Cap rate and a GRM of 8.00. All units have their own electric and gas meters. This property offers the rare opportunity to lock in a 30- year fixed residential loan while having 6 units on site. This property is adjacent to Baldwin Village and Leimert Park in a rapidly growing submarket of Los Angeles. With easy access to the 10 Freeway, the property is a 20-minute drive to UCLA and 10 minutes to USC, truly a central hub of Los Angeles. THE SF REFLECTED REPRESENTS THE ADU CONVERSION
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Common Walls 1 Common Wall Fireplace Features ElectricGas Fireplace YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features BikingDog ParkGolfHikingParkUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 80592 Gross Scheduled Income 42312 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 19980 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 21063 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer None Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Utilities Sewer Not AvailableWater Not Available Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source None



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T21:30:18.813. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368685658-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368685658-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368685658-1.jpg
Logo
The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)