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1540 N Bronson Avenue

Los Angeles (City), CA 90028
  • $6,495,000
  • STATUS: Active Under Contract
  • ON SITE: 95 Days
  • ID#: 22141749
Under Contract
UPDATED: 66 min ago
$6,495,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1996
County:

School Ratings & Info

Listing Agent(s): Jason Tuvia of Marcus & Millichap (818-212-2700)


Description

We are pleased to present a sixteen (16) unit apartment building located at 1540 North Bronson Avenue in Los Angeles, California. The subject property is positioned in a prime Hollywood location, south of Hollywood Boulevard and east of Vine Street. Built in 1996, this property contains a great unit mix of two (2) studio / one bathroom units, one (1) vacant one bedroom / one bathroom ADU, three (3) one bedroom / one bathroom units, and ten (10) two bedroom / one and a half bathroom townhouse style units. This non-rent controlled building is host to a number of incredible features such as the lovely center courtyard, a large on-grade parking garage, well-maintained exteriors, an on-site laundry facility, and an alleyway for easy access and guest parking. The units are completely renovated with new floors, updated kitchens with stainless steel appliances and quartz countertops, high ceilings, and tons of natural light. Tenants will enjoy having dominant access to trendy retail, restaurant, and entertainment amenities with Hollywood Boulevard to the north and Sunset Boulevard to the south. Some of the walkable amenities include SUGARFISH, The Sisters Asian Fusion Cafe, Lanicure Nail Bar, Ronnie's Kitchen + Cocktails, Florentine Gardens, Totoyama Sushi & Ramen, Amoeba Music, and an array of Art Galleries and Museums. Situated in a prime Hollywood location, this offering presents an excellent opportunity for any investor to purchase a turn-key, non rent control building with positive cash flow.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-04T10:26:47.683. 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 Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/127222837
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1540 N Bronson Avenue Los Angeles (City), CA 90028

  • Price: $6,495,000
  • Status: Active Under Contract
  • On Site: 95 Days
  • Updated: 66 min ago
  • ID#: 22141749
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1996
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
We are pleased to present a sixteen (16) unit apartment building located at 1540 North Bronson Avenue in Los Angeles, California. The subject property is positioned in a prime Hollywood location, south of Hollywood Boulevard and east of Vine Street. Built in 1996, this property contains a great unit mix of two (2) studio / one bathroom units, one (1) vacant one bedroom / one bathroom ADU, three (3) one bedroom / one bathroom units, and ten (10) two bedroom / one and a half bathroom townhouse style units. This non-rent controlled building is host to a number of incredible features such as the lovely center courtyard, a large on-grade parking garage, well-maintained exteriors, an on-site laundry facility, and an alleyway for easy access and guest parking. The units are completely renovated with new floors, updated kitchens with stainless steel appliances and quartz countertops, high ceilings, and tons of natural light. Tenants will enjoy having dominant access to trendy retail, restaurant, and entertainment amenities with Hollywood Boulevard to the north and Sunset Boulevard to the south. Some of the walkable amenities include SUGARFISH, The Sisters Asian Fusion Cafe, Lanicure Nail Bar, Ronnie's Kitchen + Cocktails, Florentine Gardens, Totoyama Sushi & Ramen, Amoeba Music, and an array of Art Galleries and Museums. Situated in a prime Hollywood location, this offering presents an excellent opportunity for any investor to purchase a turn-key, non rent control building with positive cash flow.
Exterior Features

Lot Features Landscaped Parking Features GarageCommunity Structure Parking Total 17 Pool Features None Pool Private YN No Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Appliances Refrigerator Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Community Features Gated Garage YN Yes Gross Income 427499 Land Lease YN No Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 280525 New Construction YN No Possession Close Of Escrow Property Condition Additions/AlterationsUpdated/Remodeled Rent Control YN No Security Features Gated CommunityResident Manager Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-04T10:26:47.683. 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 Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Jason Tuvia of Marcus & Millichap (818-212-2700)