3513 South Bronson Avenue

Los Angeles, CA 90018

$1,010,000
Last Sold Price
5
Beds
6
Baths
2,845 Sq. Ft.
$355 / Sq. Ft.
2,845
Sq. Ft.
$355
per Sq. Ft.

Description

3513 S Bronson Ave is a highly desirable 4-Plex accompanied with ready to issue permits to add 2 new units. This 4+2 unit building is located in the highly sought-after market in Crenshaw with plenty of upside for an investor looking to increase the value. This value add apartment building is located in the 90018 zip code in Los Angeles. With RTI plans for 2 ADU units, the property would operate at a 5.37% CAP and 12.35 GRM. The subject property has a unit mix of (4) 1-Bed/1-Bath units with plans...3513 S Bronson Ave is a highly desirable 4-Plex accompanied with ready to issue permits to add 2 new units. This 4+2 unit building is located in the highly sought-after market in Crenshaw with plenty of upside for an investor looking to increase the value. This value add apartment building is located in the 90018 zip code in Los Angeles. With RTI plans for 2 ADU units, the property would operate at a 5.37% CAP and 12.35 GRM. The subject property has a unit mix of (4) 1-Bed/1-Bath units with plans in place for (1) 1-Bed/1-Bath and (1) Studio, totaling 6 units after construction. The potential of this building reaches above a 9.60% Cap rate and a GRM of 8.00. All units have their own electric and gas meters. This property offers the rare opportunity to lock in a 30- year fixed residential loan while having 6 units on site. This property is adjacent to Baldwin Village and Leimert Park in a rapidly growing submarket of Los Angeles. With easy access to the 10 Freeway, the property is a 20-minute drive to UCLA and 10 minutes to USC, truly a central hub of Los Angeles. The sf reflected represents the adu conversion
  1. Listed by Aaron Jacobson • DRE #02100737 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559
  2. Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 3513 South Bronson Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2845
Assessor Parcel Number
5044-004-020
Property Attached YN
true

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763

Sold By Avenue 8, Inc., Nathan Bishop, DRE #01924217

Add your commute
LISTING UPDATED: 07/05/2022 04:07 AM

Property Details for 3513 South Bronson Avenue

StatusClosed
MLS #SB22087154
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.14 AC / 6,292 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763

Sold By Avenue 8, Inc., Nathan Bishop, DRE #01924217

Add your commute

Building Information for 3513 South Bronson Avenue

Stories-Residences-Year Built1941Building Size-Lot Size0.14 AC / 6,292 SF

Payment Calculator

$6,575 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,512

Property Taxes

$1,063

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3513 South Bronson Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $80,592
  • Gross Scheduled Income: $42,312
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $19,980
  • Other Income Description: ADU
  • Other Income 1: $1,795
  • Other Income 2: $1,395
Expense Details
  • Operating Expense: $21,063
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $21,063
Tax / Assessment Info
  • Tax Tract Number: 7127
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 145
Community / Development
Community / Development
  • Community Features: Biking, Dog Park, Golf, Hiking, Park, Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: Electric, Gas
  • Fireplace Rooms: Electric, Gas
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: None
  • Sewer: None
  • Water Source: None
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $778
  • Unit Type Total Rent: $778
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $894
  • Unit Type Total Rent: $894
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $907
  • Unit Type Total Rent: $907
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $947
  • Unit Type Total Rent: $947
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1395
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 3513 South Bronson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3513 South Bronson Avenue

Taxable ValueLand$600,000Additions$425,000Total$1,025,000
Tax Record2023$12,757 ($1,063 / month)
Home Facts
Total Finished SqFt2,274 SqFtAbove Grade Finished SqFt2,274 SqFtLot Size6,292 SqFtStyleQuadraplexYear Built1941ZoningLAR3CountyLOS ANGELESAPN5044-004-020

Schools near 3513 South Bronson Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Sixth Avenue Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

ISANA Nascent Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.