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1175 S Bronson Ave Los Angeles, CA 90019

$1,300,000 Sold Price as of 01/31/2020

21 Beds
24 Baths
-- Sq.Ft.

Sold

$1,300,000 Sold Price as of 01/31/2020 Refinance Your Mortgage

Map preview of 1175 S Bronson Ave, Los Angeles, CA 90019

Property Overview: 1175 S Bronson Ave Los Angeles, CA has 21 bedrooms, 24 bathrooms, -- living square feet and 11,477 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity with four units in the front main building and two units in the back building. Each unit in the main building is one bedroom, separate dining Rm, separate full kitchen and one bathroom. Apt #3 comes with appliances.New HVAC system ready to receive AC attachments. Roof is a few years old (buyer to inspect) front tiled roof is less than a year old. Upstairs room has a water tank that can converted to pay washer /dyrer. Apt. #1 Has new Bath floors, walls and ceiling Kitchen new walls and ceiling. Apt #3 newly tile one Bath floor. Central location to shops and restaurants, I10 Frwy and KoreaTown. Good upside potential.Also available an opportunity that doesn't come along often Parcel number 5081-002-014 Listing #19-533030 next door is also available for sale with a combined lot size of 1175 and 1183 South Bronson 20,287. 1183 also has a four unit building. Looking at offers Tuesday Dec 3rd by 5.

Listed by Bob Day | BRE #00851770 | Coldwell Banker Realty

Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft: 11,477
HOA Dues: $0/mo
Year built: 1935
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19533008
City: Los Angeles
County: Los Angeles
Time on Site: 1346 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 6
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,013
Total Rent: $1,013
Pro Forma/Market Rent: $2,000

Unit Breakdown 2

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,035
Total Rent: $1,035
Pro Forma/Market Rent: $2,000

Unit Breakdown 3

# of Units: 3
# of Beds: 1
# of Baths: 2
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,000

Unit Breakdown 4

# of Units: 4
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,400
Total Rent: $1,400
Pro Forma/Market Rent: $2,000

Unit Breakdown 5

# of Units: 5
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $890
Total Rent: $890
Pro Forma/Market Rent: $1,800

Unit Breakdown 6

# of Units: 6
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $885
Total Rent: $885
Pro Forma/Market Rent: $1,800

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 21.13
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $62,681

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1175 S Bronson Ave

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Concrete

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 6
Parcel Number: 5081002015

Location / Neighborhood

Location Information

Directions: Block and half south of Olympic One block east of Crenshaw

View more facts & features

Local Los Angeles Agent

Sale History for 1175 S Bronson Ave

Last sold for $1,300,000 on January 31st, 2020

February, 2020
Feb 5, 2020

Date

Sold

CRMLS: 19533008

$1,300,000

Price
Dec 9, 2019

Date

Active Under Contract

CRMLS: 19533008

$1,325,000

Price
Nov 27, 2019

Date

Active

CRMLS: 19533008

$1,325,000

Price
January, 2020
Jan 31, 2020

Date

Sold (Public Records)

Public Records

$1,300,000

Price

Tax History for 1175 S Bronson Ave

Assessed Value (2020): $93,199

Year	Land Value	Improved Value	Assessed Value
2020	$74,174	$19,025	$93,199

Home Value Compared to the Market

This property vs the competition

1175 S Bronson Ave sold on January 31, 2020 for 18.3% higher than the current median sold price for the city of Los Angeles which is $1,120,000.

About 1175 S Bronson Ave

Detailed summary of property

1175 S Bronson Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 21 bedrooms, 24 bathrooms, roughly -- living square feet, and sits on an approximately 11,477 square foot lot. 1175 S Bronson Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,300,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 18.3% higher than the current median priced home. Local homes that are currently for sale include 2211 S Bronson Ave, 2319 2nd Ave and 1749 West Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1175 S Bronson Ave has a days on market of 12 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1175 S Bronson Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1175 S Bronson Ave

Public county record property details

Beds: 6
Baths: 6
Year built: 1935
Sq. Ft.: 4,807
Lot Size: 11,458
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 5081-002-015

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,450,000

Median List Price/Sq.Ft.

$703

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Homes for Sale Near 1175 S Bronson Ave

Nearby Homes for Sale

1189 Crenshaw Blvd, Los Angeles, CA 90019

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.