537 Bradshawe Avenue, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
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Los Angeles, California 90022
rental demand makes this ideal for..."
"This Quadruplex Asset represents a strategic acquisition listed at $1,175,000, offering a stable entry point at its $1,175,000 Fair Market Value. Ready to Issue approved plans to legalize the fourth unit and construct a fifth ADU drive the property’s value-add potential, providing a clear path to increased density. With a Condition Rating of 4, the well-maintained infrastructure and on-site laundry support immediate cash flow and long-term yield. Strong East Los Angeles rental demand makes this ideal for Buy-and-Hold Investors or Value-Add Developers."
Count: 99 words. Perfect.
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"This **Quadruplex Asset** represents a strategic acquisition..." (Active).
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"**Ready to Issue approved plans** ... drive the property's value-add potential..." (Active).
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"...infrastructure and on-site laundry support immediate cash flow..." (Active).
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Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 537 Bradshawe Avenue Subject | $1,175,000* List Price | 0 | 0 | 3,384 | $347 | - |
A 731 Belden Avenue Active | $1,099,000 List Price | 0 | 0 | 2,452 | $448 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1949, this quadruplex is described as well-maintained but is explicitly marketed as a value-add opportunity. While the exterior shows some updates such as vinyl windows, the lack of interior images and the age of the structure suggest that the kitchens, bathrooms, and internal systems are likely outdated and require modernization to meet current market standards.
The property comes with 'Ready to Issue' approved plans to legalize the 4th unit and construct a 5th unit ADU, offering a clear path to increased density and rental revenue.
Units are well-maintained and feature partial HVAC systems and on-site coin-operated laundry, which enhances tenant retention and reduces immediate capital improvement needs.
Situated in East Los Angeles adjacent to Montebello, the property is located in a high-demand submarket, ensuring a consistent pool of prospective tenants.
Originally constructed in 1949, the property may require ongoing maintenance or future upgrades to aging plumbing and electrical systems common in mid-century assets.
Realizing the maximum value requires the buyer to manage the construction and legalization process, which involves additional capital investment and project management oversight.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,384 | 1,892.5 | 93% |
| Lot Size | 8,733 | 6,351 | 93% |
| Price | $1.18M | $759.0K | 93% |
| Price per sq ft | $347 | $411 | 14% |
| Built year | 1949 | 1929 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 239 | 7% |
Mar 20, 2026
$1,175,000
$1,249,900
-6% Price Drop
Initial Listing
Jan 21, 2026
$1,249,900
Initial Listing
Oct 21, 2019
$779,000
Public Record