1844 N Bronson Ave - Apartments FOR SALE


Los Angeles, CA 90028
$9,999,000 USD
310-806-1784
1844 N Bronson Ave, Los Angeles, CA for Sale
$9,999,000 USD
Apartments - FOR SALE
1/18
null | 3.95% Cap Rate

1844 N Bronson Ave
Los Angeles, CA 90028


HIGHLIGHTS

  • Best location in Hollywood, Franklin Village .... High Demand for Newley Designed Condominiums

OVERVIEW

Visionary Investors and Developers, As the property manager of 'The Copa', I am excited to present this intriguing investment opportunity in the heart of Hollywood CA. 'The Copa' is a classic two-story 26-unit apartment complex, situated at 1844 N. Bronson Ave, Los Angeles, CA 90028. Hollywood is currently undergoing a captivating transformation, with new construction trends and high-rise buildings on the rise. This has made investing in the area increasingly attractive, as the demand for apartments is soaring while the supply remains limited. Hollywood presents the perfect environment for lucrative investments. For the past 40 years, the current owners have been incredibly happy and blessed with 'The Copa.' However, they have now decided to move on and pass the torch to someone who can take 'The Copa' to its next phase of growth. We firmly believe that maximizing the construction rights will unlock the true potential and value of this land. With the right vision, 'The Copa' has the potential to become an iconic architectural masterpiece while generating substantial returns for all parties involved. This presents a unique opportunity for investors interested in becoming part of Hollywood's thriving community. Located at the intersection of N. Bronson and Franklin Ave, also known as 'Franklin Village,' 'The Copa' is not just ideally situated, but it offers a unique community filled with creative individuals who have shaped the local culture into something intelligent, diverse, and inspiring. This prime location places 'The Copa' amidst all the major happenings in Hollywood, while still providing residents with peace, privacy, and convenience. Within walking distance, there is a vibrant neighborhood with trendy, artsy establishments, as well as renowned landmarks such as Beachwood Canyon, Netflix headquarters, Capitol Records, Paramount Studios, The Walk of Fame, and iconic entertainment theaters. Hiking trails leading to the famous Hollywood Sign and Griffith Observatory are also nearby. Transportation options are easily accessible from this central spot, including mass transit options and major freeways. Spanning across a 0.37-acre lot, 'The Copa' offers amenities such as a pool and parking facilities. Currently listed off-market at an asking price of $10 million dollars (with a multiplier of X20 based on the current rent-roll), this property presents an excellent opportunity for profitable investment. We have reached out to you because of your esteemed reputation as contractors and investors within the area. Your knowledge of the local real estate market, its data, and its potential make your perspective highly valued. We invite you and your esteemed investors to consider this interesting business opportunity that lies before you. While most real estate investors tend to adopt a more conservative approach, we believe there are visionary individuals who possess a deep understanding of the potential inherent in this deal. These individuals have the creative approach, special expertise, and resources to develop a brilliant business concept that maximizes the potential of 'The Copa' and ensures its success. If you are interested in exploring this investment opportunity further or require any additional information, please do not hesitate to reach out. We eagerly await your response and look forward to discussing this exciting opportunity with you. Best Regards, Dalia Ganzel ‘The Copa’ Property Manager Mobile: +1-310-806-1784 Email: leading.investments888@gmail.com https://www.youtube.com/results?search_query=the+copa+apartments+los+angeles

FOR SALE DETAILS

PRICE

$9,999,000 USD

PRICE/SF

$604 USD /SF

# OF UNITS

26

PRICE/UNIT

$384,577

CAP RATE

3.95%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Copa Apartments Hollywood CA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

LAR3

APN/PARCEL ID

5586-028-009

ASK ABOUT THIS PROPERTY

Dalia Ganzel1844 Bronson LLCMore Info
310-806-1784

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Dalia Ganzel1844 Bronson LLCMore Info
310-806-1784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.