The 5-Unit apartment building of 3415 S Bronson Avenue is being brought on the market in the ever-growing neighborhood of West Adams. The building itself has been recently painted with exterior landscape renovations to match. Three (3) of the Five (5) units have been recently renovated with Class-A finishes that drive rents in this market. The renovations show a clear path for a prospective buyer to do the same with the remaining Two (2) units. The property comes with Assumable debt of $910,000 dollars at an attractive rate of 4.05%. Bronson Avenue allows an investor to push rents with an already steady cash-flowing building. The stability and lower risk associated with this deal can be seen in the 4.84% Current Cap Rate and 13.60 Current GRM.
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