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.
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, Listed on
SEAN ROSENZWEIG, License# 01406343,
MARCUS & MILLICHAP
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This 8 bedroom Multi-Family home
for sale in Los Angeles, CA
is currently listed for $1,095,000.
Featuring a lot size of 6,534 Sq. Ft.,
1632 S Bronson Ave
was built in 1947 and
has been on ERA.com for 34 days.
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