1153 S Bronson Avenue, Los Angeles, CA 90019

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1153 S Bronson Avenue,Los Angeles, CA 90019
$1,465,000
  • 0.27 Acres
  • Lots / Land
  • Active
Listed by:neema ahadian
Office:marcus & millichap
MLS#:25561899
Source:CRMLS

Price summary

  • Price:$1,465,000

About this home

We are pleased to present a development opportunity in Mid-City at 1153 Bronson Ave, a vacant lot located between W Pico Blvd and W Olympic Blvd. The lot totals 11,817 SF and is zoned R3-1-O-HPOZ in a Tier 3 TOC; there are currently no plans or entitlements in place. Initial feasibility studies indicate 14 units can be built by-right, or additional density can be achieved through various housing incentive programs, estimated up to 58-78 units (Buyer to verify). The subject property is being offered at a low price per square foot of$124. Rare opportunity to acquire a vacant lot at a low basis with no tenant relocation required. Mid-city is a densely populated neighborhood with historical and architectural significance. The demand for apartment units continues to increase year-over-year in this submarket with such close proximity to job and educational opportunities in Downtown Los Angeles, as well as the numerous transportation options available for an easy commute throughout the city.

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Home facts

  • Listing ID #:25561899
  • Added:87 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Structure and exterior

  • Lot area:0.27 Acres

Finances and disclosures

  • Price:$1,465,000
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