1221 N Bronson Ave, Los Angeles, CA 90038
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1221 N Bronson Ave Los Angeles, CA 90038

$1,564,000 Sold Price as of 06/07/2019
  • 4 Beds
  • 4 Baths
  • 3,542 Sq.Ft.
Sold
$1,564,000 Sold Price as of 06/07/2019 Refinance Your Mortgage

Map preview of 1221 N Bronson Ave, Los Angeles, CA 90038

Property Overview: 1221 N Bronson Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,542 living square feet and 6,698 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold before processing.

Listed by Nima Tehrany | BRE #01305628 | Compass
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,698
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19476348
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.14
  • Gross Scheduled Income: --
  • Net Operating Income: $73,600
  • Gross Operating Income: $105,600
  • Improvements Total: $399,840
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1221 N Bronson Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5534009008
Location / Neighborhood
Location Information
  • Directions: Between Fountain Ave. and Lexington Ave. on Bronson
View more facts & features

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Sale History for 1221 N Bronson Ave

Last leased for $2,395 on July 19th, 2021
  • July, 2021

  • Jul 21, 2021

    Date

    Leased

    CRMLS: 21758232

    $2,395

    Price

  • Jul 8, 2021

    Date

    Active

    CRMLS: 21758232

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    Charming 4 plex located in the Heart of Hollywood, a Stone-Throw away from Netflix and surrounding Studios. Newly renovated stunning 2 bed, 1 bath unit offers spacious bedrooms, chef's kitchen, stainless steal appliances, recessed lighting and 2 parking spaces. Tons of outdoor patio space and BBQ area in front yard. Walk to everything, including all the best restaurants, entertainment and nightlife that Hollywood has to offer. Nearby Metro station allows for 15 min easy commute to downtown and beyond.

  • July, 2021

  • Jul 21, 2021

    Date

    Leased

    CRMLS: 21742908

    $2,750

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: 21742908

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    Charming 4 plex located in the Heart of Hollywood, a Stone-Throw away from Netflix and surrounding Studios. Newly renovated stunning 2 bed, 1 bath unit offers spacious bedrooms, chef's kitchen, stainless steal appliances, recessed lighting and 2 parking spaces. Tons of outdoor patio space and BBQ area in front yard. Walk to everything, including all the best restaurants, entertainment and nightlife that Hollywood has to offer. Nearby Metro station allows for 15 min easy commute to downtown and beyond.

  • July, 2021

  • Jul 6, 2021

    Date

    Leased

    CRMLS: 21742882

    $2,395

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: 21742882

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    Charming 4 plex located in the Heart of Hollywood, a Stone-Throw away from Netflix and surrounding Studios. Newly renovated stunning 2 bed, 1 bath unit offers spacious bedrooms, chef's kitchen, stainless steal appliances, recessed lighting and 2 parking spaces. Tons of outdoor patio space and BBQ area in front yard. Walk to everything, including all the best restaurants, entertainment and nightlife that Hollywood has to offer. Nearby Metro station allows for 15 min easy commute to downtown and beyond.

  • June, 2019

  • Jun 12, 2019

    Date

    Sold

    CRMLS: 19476348

    $1,564,000

    Price

  • June, 2019

  • Jun 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,564,000

    Price

  • May, 2016

  • May 2, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1221 N Bronson Ave

Assessed Value (2020): $1,595,280
Year Land Value Improved Value Assessed Value
2020 $1,275,000 $320,280 $1,595,280

Home Value Compared to the Market

This property vs the competition

1221 N Bronson Ave sold on June 7, 2019 for 34.37% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $451.44 per/sqft which puts the price per square foot 40.21% lower than the current median sale per square foot for the city of Los Angeles.

About 1221 N Bronson Ave

Detailed summary of property

1221 N Bronson Ave is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,542 living square feet, and sits on an approximately 6,698 square foot lot. 1221 N Bronson Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,564,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.37% higher than the current median priced home. Local homes that are currently for sale include 810 N Hobart Blvd, 1537 N Kingsley Dr and 800 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 93 days, 1221 N Bronson Ave has a days on market of 35 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1221 N Bronson Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1221 N Bronson Ave

Public county record property details
Beds
4
Baths
4
Year built
1921
Sq. Ft.
3,542
Lot Size
6,698
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
5534-009-008

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Related Resources to 1221 N Bronson Ave

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.