
Closed Listing
29 Units in East Hollywood w/ 33% Rental Upside
1539 n bronson
sold in
Hollywood
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
Half acre+ lot size, great opportunity for development
Approximately 40 open parking spaces
Great location above Sunset Blvd.
Approximately 33% upside in current rents
1971 Contstruction
Zoned LAR4--could develop approx 42 units
1539 N Bronson Ave.
Hollywood / East Hollywood / Los Feliz
Offering Price
$4,060,000
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
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$140,000
Price p/ Sq. ft.
$215
Proforma Cap Rate
7.13%




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