Active

3513 S Bronson Ave

Los Angeles CA, 90018

$1,275,000


$560.69 per sqft

Active

4 Beds

2,274 sqft

Residential

Built in 1941

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

24-348759

MLS ID

January 31, 2024

Listed

February 15, 2024

Updated

Map

3513 S Bronson Ave
Los Angeles CA, 90018

Interior Features

Total Stories

0


Bedrooms

4 Beds


Appliances

None


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

Mid Los Angeles


Days on Market

8


Garage

Yes


Garage Spaces

4


Parking

None


Parking Total

4


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by with Avenue 8, Inc.
Listing Contact: 310-746-7663 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Aspire Los Angeles shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/15/2024

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