537 Bradshawe Avenue, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90022
This 4-unit apartment building presents a High-Potential Investment Opportunity with a List Price of $1,125,000—positioned well below the $1,161,606 Fair Market Value by 3%. This valuation gap offers $36,606 in Instant Equity. With approved "Ready to Issue" plans to legalize the 4th unit and add a 5th ADU, the property offers a clear path to increased rental income. Featuring a Condition Rating of 4, this is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking immediate operational stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 537 Bradshawe Avenue Subject | $1,125,000* List Price | 0 | 0 | 3,384 | $343 | - |
A 6047 Dennison Active | $1,199,000 List Price | 0 | 0 | 3,491 | $343 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this 75-year-old property is well-maintained and functional with some updates like vinyl windows and partial HVAC. However, its classification as a 'value-add' opportunity and the age of the structure suggest that kitchens, baths, and primary systems are likely dated and require modernization to achieve top market rents.
The property includes approved 'Ready to Issue' plans to legalize the existing 4th unit and construct a 5th unit (ADU), offering a clear path to increased rental income and equity.
Units are well-maintained with partial HVAC systems and on-site coin-operated laundry, providing immediate operational stability and tenant convenience.
Situated in East Los Angeles adjacent to Montebello, the property is positioned in a high-demand rental market with strong long-term growth prospects.
Built in 1949, the property may require more frequent maintenance or updates to its core systems compared to newer multi-family developments.
The presence of only partial HVAC systems may limit the ability to command top-tier market rents or impact tenant comfort during extreme weather conditions.
Attractive 4-unit apartment building in East Los Angeles, adjacent to the City of Montebello. Units are well-maintained and feature partial HVAC systems. The property also offers coin-operated laundry facilities for tenant convenience. Approved plans are in place with the County of Los Angeles to legalize the existing 4th unit and construct an additional ADU as a 5th unit. The project is in the 'Ready to Issue' phase. This presents a prime opportunity for an investor seeking a value-add property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,384 | 2,250 |
| Lot Size | 8,733 | 5,864 |
| Price | $1.12M | $826.7K |
| Price per sq ft | $332 | $395 |
| Built year | 1949 | 1925 |
| HOA | $0 | $0 |
| Days on market | 4 | 83 |
Jul 20, 2026
$1,125,000
Initial Listing
Oct 21, 2019
$779,000
Public Record