Listing Courtesy of Sean Rosenzweig with Marcus & Millichap
  • 8 / 0
  • 5
  • 1923
  • 7,378
Active Status Fourplex
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I am pleased to offer for sale a four unit apartment community located at 1235 South Bronson Avenue. Positioned just North of Pico Boulevard and East of Crenshaw Blvd, the property is located in the heart of Mid-City. The offering represents a unique buying opportunity to acquire an apartment building with 75 percent of the units being delivered vacant at close of escrow, allowing a buyer the ability to immediately capture market rental rates. The property consists of one building totaling 3,572 square feet. The unit mix is comprised of 100 percent large two-bed-room units. Due to its 1923 construction, the property is subject to Los Angeles rent control statutes. The subject property allows an investor to acquire a 1920's vintage apartment asset in a desirable location. An astute investor will be able to immediately take advantage of the upside in rental income.

Address: 1235 S BRONSON AVE
State: CA
City: Los Angeles City
County: Los Angeles
Zip Code: 90019
MLS#: 19467460
MLS Area: Hancock Park Wilshire (C18)

Price History

Date Price Event Change MLS#:
5/17/2019 $1,475,000 List Price 19467460

Nearby Schools

Saint Jeanne De Lestonnac Preschool(Preschool-K)
Pico(Preschool-2)
Queen Anne Place Elementary School(Preschool-5)4
Arlington Heights Elementary School(Preschool-5)
St. Gregory Nazianzen(1-8)
Sound Of Music Preschool(Preschool-K)
Johnnie Cochran, Jr., Middle School(6-8)3
St. Gregory Nazianzen(1-8)
Pio Pico Middle School(6-8)4
Girls Academic Leadership Academy (Gala)(6-9)
St. Stephens High School(9-12)
Girls Academic Leadership Academy (Gala)(6-9)

Interior Details

  • Appliances:
  • Features:Other
  • Furnished:
  • Floor Type:
  • Cooling:Other
  • Heating:Other
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:

Community Details

  • HOA:N $0/mo
    Fees Include:
  • Misc:Standard Sale

Rental Information

  • Rental Income:$0
  • Rental Number:0

Associated Agents

  • Listing Agent:Marcus & Millichap - Sean Rosenzweig, CalBRE# 01406343

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Property Information Last Updated: 5/22/2019 9:54:07 PM
Listing Courtesy of Sean Rosenzweig with Marcus & Millichap


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