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3513 S Bronson Ave

  • Bedrooms4 Beds
  • Bathrooms4 Baths
  • Square Feet2,274 Sq. Ft.
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

CA_CLAW

Represented By: Avenue 8

Nathan Bishop
License #: 01924217
310-746-7663
Email
Main Office
9800 Wilshire Blvd. Suite 103
Beverly Hills, CA 90212
USA
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