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1540 N BRONSON AVE Los Angeles, CA 90028
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Key Details
Sold Price $6,533,334
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22141749
Year Built 1996
Lot Size 0.281 Acres
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.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR4
Interior
Heating Wall Furnace
Exterior
Parking Features Garage, Community Structure
Garage Spaces 17.0
Garage Description 17.0
Pool None
Community Features Gated
View Y/N Yes
View City Lights
Building
Lot Description Landscaped
Story 3
New Construction No
Others
Special Listing Condition Standard
Read Less

Bought with Jason Tuvia Marcus & Millichap