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1234 S Bronson Ave, Los Angeles, CA 90019
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1234 S Bronson Ave Los Angeles, CA 90019

$1,520,000 Sold Price as of 08/31/2021
  • 8 Beds
  • 5 Baths
  • 3,852 Sq.Ft.
Sold
$1,520,000 Sold Price as of 08/31/2021 Refinance Your Mortgage
Map preview of 1234 S Bronson Ave, Los Angeles, CA 90019

Property Overview: 1234 S Bronson Ave Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,852 living square feet and 8,998 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, Location, Location!!! Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and transportation. It’s a great opportunity to own huge 4 Unit of 3,852 sqft of building and about 9,000 sqft of huge lot. Well maintained 4 units property in very quiet neighborhood. Laminate flooring throughout. All units have washer and dryer inside of unit and side by side parking. This property is potential for increase in income. This is AS-IS condition sale. Buyers advised to verify all permits, records to their own satisfaction.

Listed by Soo Yeol Oh | BRE #01879346 | New Star Realty & Investment
Co-listed by Hyun Soo Oh | BRE #02100135 | New Star Realty & Investment
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
8,998
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW21162202
City
Los Angeles
County
Los Angeles
Time on Site
1153 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,580
  • Total Rent: $1,580
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,490
  • Total Rent: $1,490
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,680
  • Total Rent: $1,680
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.9%
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $112,800
  • Net Operating Income: $59,000
  • Gross Operating Income: $81,000
Annual Expense Breakdown
  • Total Operating Expense: $22,000
  • New Taxes: $16,000
  • Trash: $0
  • Insurance: $1,000
  • Maintenance: $2,400
  • Water/Sewer: $2,600

Property Details for 1234 S Bronson Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Laminate
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Lot 6500-9999, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5081007011
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Directions: N. of Pico Blvd. / W. of Norton Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1234 S Bronson Ave

Last sold for $1,520,000 on August 31st, 2021

  • August, 2021

  • Aug 31, 2021

    Date

    Sold

    CRMLS: PW21162202

    $1,520,000

    Price

  • Aug 16, 2021

    Date

    Pending

    CRMLS: PW21162202

    $1,530,000

    Price

  • Aug 13, 2021

    Date

    Hold

    CRMLS: PW21162202

    $1,530,000

    Price

  • Jul 24, 2021

    Date

    Active

    CRMLS: PW21162202

    $1,530,000

    Price

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: 19536562

    $1,690,000

    Price

  • Dec 14, 2019

    Date

    Active

    CRMLS: 19536562

    $1,690,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity in a great location.This 4-unit income property is situated perfectly in LA,only minutes away from Koreatown,Downtown LA,great restaurants,entertainment and shopping centers.Various upsides include plentiful parking and laundry in each unit.Additionally the quiet neighborhood serves as a bonus along with the prime location.

  • December, 2019

  • Dec 14, 2019

    Date

    Price Change

    CRMLS: 19463358

    $1,690,000

    Price

  • Aug 2, 2019

    Date

    Price Change

    CRMLS: 19463358

    $1,590,000

    Price

  • Jun 3, 2019

    Date

    Price Change

    CRMLS: 19463358

    $1,690,000

    Price

  • May 7, 2019

    Date

    Price Change

    CRMLS: 19463358

    $1,799,000

    Price

  • May 7, 2019

    Date

    Active

    CRMLS: 19463358

    $179,900,021

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity in a great location.This 4-unit income property is situated perfectly in LA,only minutes away from Koreatown,Downtown LA,great restaurants,entertainment and shopping centers.Various upsides include plentiful parking and laundry in each unit.Additionally the quiet neighborhood serves as a bonus along with the prime location.

  • May, 2019

  • May 30, 2019

    Date

    Canceled

    CRMLS: 19463376

    $2,300

    Price

  • May 7, 2019

    Date

    Active

    CRMLS: 19463376

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Located in a popular high.The unit is very spacious and although it has only 1 bathroom,the can be used as a 2 bathroom.

  • May, 2018

  • May 1, 2018

    Date

    Expired

    CRMLS: 18309314

    $1,599,000

    Price

  • Feb 1, 2018

    Date

    Active

    CRMLS: 18309314

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity in a great location. This 4-unit income property is situated perfectly in LA, only minutes away from Koreatown, Downtown LA, great restaurants, entertainment, and shopping centers. Various upsides include plentiful parking and laundry in each unit. Additionally, the quiet neighborhood serves as a bonus along with the prime location.

  • September, 2014

  • Sep 26, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,010,000

    Price

  • March, 2013

  • Mar 28, 2013

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

Show More

Tax History for 1234 S Bronson Ave

Assessed Value (2020): $1,109,923
Year Land Value Improved Value Assessed Value
2020 $769,255 $340,668 $1,109,923

Home Value Compared to the Market

This property vs the competition

1234 S Bronson Ave sold on August 31, 2021 for 36.61% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $397.2 per/sqft which puts the price per square foot 45.14% lower than the current median sale per square foot for the city of Los Angeles.

About 1234 S Bronson Ave

Detailed summary of property

1234 S Bronson Ave is a fourplex that recently sold in Los Angeles, CA 90019. This fourplex offered 8 bedrooms, 5 bathrooms, roughly 3,852 living square feet, and sits on an approximately 8,998 square foot lot. 1234 S Bronson Ave was first listed on ArdentRealEstateGroup.com on July 24, 2021. The homeowner sold the property for $1,520,000. 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 36.61% higher than the current median priced home. Local homes that are currently for sale include 2122 6th Ave, 2104 Crenshaw Blvd and 1316-1318 S Hudson Ave. While the average home in Los Angeles, CA is selling in 106 days, 1234 S Bronson Ave has a days on market of 20 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 1234 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 1234 S Bronson Ave

Public county record property details
Beds
8
Baths
4
Year built
1923
Sq. Ft.
3,852
Lot Size
8,999
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5081-007-011

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
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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.

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