Investment Overview

Marcus & Millichap is pleased to present 1632 South Bronson Avenue, a 4-unit apartment community located in the desirable Arlington Heights sub-market adjacent to the sought after residential neighborhoods of Lafayette Square and Country Club Park in the heart of Mid-City. The immediate area has experienced a tremendous amount of positive growth and gentrification. These positive changes continue to occur with several new developments and renovations taking place, making it a prime location for tenants to live and an ideal location to own multifamily properties. The property is centrally located close to the 10, the 110, and the 405 Freeways and provides easy access to an abundance of public transportation. Additionally, the property is just minutes away from places of employment, entertainment, and shopping in the Westside, Mid-Wilshire, and Beverly Hills neighborhoods. The 3,851 square foot property is comprised of (4) 2 Bed / 1 Bath units. Current ownership has maintained the property exceptionally well and recently renovated 100% of the units with new flooring, stainless steel appliances, in-unit washers and dryers, and individual hot water heaters. Additionally, the property has newer windows and updated plumbing and electrical, resulting in a low-maintenance asset. Additionally, an investor will have a potential value-add opportunity by adding an ADU in the rear of the property while benefitting from the current strong income at the property. (Buyer to verify the capability of constructing the ADU at the property)