408 N Bronson Ave - Apartments FOR SALE


Los Angeles, CA 90004- Hancock Park
$1,995,000 USD
323-671-1233
408 N Bronson Ave, Los Angeles, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

408 N Bronson Ave
Los Angeles, CA 90004
Hancock Park


HIGHLIGHTS

  • OWNER WILL CONSIDER CARRYING A FIRST TRUST DEED LOAN. CALL AGENT FOR DETAILS.
  • CURRENTLY TENANT OCCUPIED. CITY OF LOS ANGELES RSO APPLIES.
  • PLEASE DO NOT DISTURBE THE TENANTS OR ACCESS THE PROPERTY.

OVERVIEW

Charming 1920s three-unit property in the heart of Larchmont Village. Attractive financing options available! The seller will consider a 1st trust-deed carryback for well-qualified buyers with a minimum 35% down payment. This unique, character-filled triplex is nestled in the highly sought-after Larchmont Village, surrounded by lushly landscaped grounds. The property features a standalone 3-bedroom, 1.5-bathroom home with timeless charm, including a formal living room, dining room, and a kitchen with a breakfast bar and laundry area. Two bedrooms share a hallway bathroom, while an additional rear den/office includes a private half bath. The home also boasts a beautifully landscaped private yard. The duplex offers upper and lower units, each retaining its old-world character. The lower unit features a spacious living room, a kitchen with a laundry area, dining area, two bedrooms, a hallway bathroom, and a powder room. The upper unit mirrors the lower layout minus the powder room. All three units are separately metered for gas and electricity. Owner expenses are very low. A two-car garage adds convenience, and the property's prime location places you within walking distance of Larchmont Village's shops, restaurants, cafes, and the vibrant Sunday and Wednesday farmers' markets. Please note: This property is subject to the City of Los Angeles Rent Stabilization Ordinance. DO NOT WALK ON TO THE PROPERTY OR THE DISTURB TENANTS. AN OFFER FROM ANYONE WHO HAS ACCESSED THE PROPERTY UNESCORTED, WILL NOT BE CONSIDERED. Property will be available for interior viewings on Monday, 3/17, from 11:30 - 1:00 pm. This will be the opportunity to see interiors prior to considering offers. Please call listing agents to discuss seller financing. Property was in escrow with off-market buyer. A complete set of inspections reports are available to those considering writing an offer. Powder rooms were added without permits. Powder room in stand alone home was the closet for a 3rd bedroom. Expenses, NOI to be provided at later date.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$563 USD /SF

# OF UNITS

3

PRICE/UNIT

$665,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circa 1924 Character Tri-plex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,122 SF

ZONING

-

APN/PARCEL ID

5522-025-005

ASK ABOUT THIS PROPERTY

Lane AronsonBerkshire Hathaway HomeServices Calif PropertiesMore Info
323-671-1233

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Lane AronsonBerkshire Hathaway HomeServices Calif PropertiesMore Info
323-671-1233

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