$1,495,000

1504 S Bronson Avenue, Los Angeles, CA 90019

6 beds |
4 baths |
4,380 sqft

Multi-Family Home
Built in 1924
5,820sqft lot
—— car garage
$341/sqft
Listed 8 months ago

Property Description

Prime Mid-City Fourplex w/ Tremendous Value-Add Opportunity & Strong Upside Potential! Don't miss this exceptional opportunity to own a (4) unit multifamily investment property located in the heart of prime Mid-City, one of Los Angeles' most desirable and centrally located neighborhoods. This stunning property offers a total of 4,380sq.ft. situated on a 5,820sq.ft. lot. The unit mix includes two (2) 2-bedroom + 1-bathroom units and two (2) oversized 1-bedroom + 1-bathroom units, with good potential to be converted into 2-bedroom units due to their generous layouts and large square footage. Each unit boasts spacious floor plans averaging about 1,100sq.ft., providing comfortable and functional living spaces for tenants. Two (2) of the units have been extensively remodeled, featuring: Refinished hardwood oak flooring, Modern quartz countertops, Stainless steel appliances, Updated copper plumbing, Stylishly upgraded kitchens and bathrooms, New in-unit washer & dryers for added convenience. The remaining two (2) units offer value-add potential, allowing investors the opportunity to renovate, reposition, and maximize market rents, significantly increasing overall cash flow. Additional property highlights include: Current monthly gross income: $6,937/month. 4 large detached garages with excellent ADU potential to further enhance rental income. Quiet residential street with easy access to freeways, public transportation, shopping, and dining. Whether you're looking for a strong-performing asset or an opportunity to increase value through strategic renovations and development, this Mid-City fourplex checks all the boxes. Contact us today for more information.

Listing Status:: Active
Date Added:: April 7, 2025 at 05:00AM
Listing Office:: Compass : 323-593-6999
Listing Agent:: Nima Tehrany : 310-617-6462
MLS ID:: 25521311

Appliances: RefrigeratorDryerWasher
Flooring: TileWood

Parking: Parking spaces: 8

General: 2

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LARD25072007008

Sewer: Other

Source: CRMLS_CL

This listing courtesy of Nima Tehrany, Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Arlington Heights Elementary School

1717 7th Ave, Los Angeles, CA, 90019

Grades KG-5

0.27 miles away

Johnnie Cochran Jr. Middle School

4066 W Johnnie Cochran Vis, Los Angeles, CA, 90019

Grades 6-8

0.18 miles away

Girls Academic Leadership Academy Dr. Michelle King School STEM

1067 West Blvd, Los Angeles, CA, 90019

Grades 6-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.