A view of a building at 1539 n bronson, with trees around it, featuring a clear sky and a paved area in front.

Multifamily listing

1539 n bronson

sold in

Hollywood

29 Units in East Hollywood w/ 33% Rental Upside

Sold At

$

4,060,000

29

Number of Units

1971

Year Built

18,882

SF

Square Footage

25,657

SF

Lot Size

N/A

Zoning

1539 N Bronson Ave, Los Angeles, CA 90028

About the Property

  1. Half acre+ lot size, great opportunity for development

  2. Approximately 40 open parking spaces

  3. Great location above Sunset Blvd.

  4. Approximately 33% upside in current rents

  5. 1971 Contstruction

  6. Zoned LAR4--could develop approx 42 units

29

Number of Units

1971

Year Built

18,882

SF

Square Footage

25,657

SF

Lot Size

N/A

Zoning

1539 N Bronson Ave.
Hollywood / East Hollywood / Los Feliz

Listed Price

$

Number of Units

29 Units

Price per. Unit

$140,000

Bldg. Size

18,882 SF

Price per Foot

$215

Lot Size

25,657 SF

Year Built

1971

Current CAP

4.67%

Market CAP

7.13%

Zoning

N/A

Download the OM to view Property Highlights, Financials & Sales Comparables

Price P/ Unit

$140,000

Price p/ Sq. ft.

$215

Proforma Cap Rate

7.13%

Contact

Sales agent

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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628