1405 S Bronson Ave, Los Angeles, CA 90019
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1405 S Bronson Ave Los Angeles, CA 90019

$1,280,000
  • 10 Beds
  • 10 Baths
  • 4,230 Sq.Ft.
For Sale
$1,280,000 Get Pre-Qualified

Map preview of 1405 S Bronson Ave, Los Angeles, CA 90019

Property Overview: 1405 S Bronson Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 4,230 living square feet and 6,275 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Beautiful Spanish-style four-plex income unit- large units- each over 1,000 Sqft. Great location!!! Each unit has a spacious 1 bed/ 1 bath with its own parking space in the garage. Only 1407 will be delivered vacant. Please do not disturb tenants. Supra lock box is located at the rear of the unit. Occupied units will be shown with the accepted offer. This four-plex is an exceptional investment opportunity for owner-users, 1031 exchanges, investors, and developers who are looking to capitalize on the Los Angeles rental market. The property is subject to the Rent Stabilization Ordinance. Sold "AS-IS" condition with existing tenants in place. All electric & gas meters are separate for each unit. A new electric meter was installed in 2022 and new window was installed in unit 1405 & 1405 1/2 in 2022.

Listed by Boyoung Im | BRE #01411399 | Max Mega Group
Last checked: 12 minutes ago | Last updated: April 13th, 2024 | Source CRMLS | DOM: 33
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Home details

Lot Sq. Ft
6,275
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24376929
City
Los Angeles
County
Los Angeles
Time on Site
43 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: $946
  • Total Rent: $946
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,211
  • Total Rent: $1,211
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $946
  • Total Rent: $946
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.91
  • Gross Scheduled Income: --
  • Net Operating Income: $36,200
  • Gross Operating Income: $61,200
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1405 S Bronson Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Property Information
  • Has View
  • Total # of Units: 4
  • Parcel Number: 5072005003
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: One block East of Crenshaw Blvd and South of Pico Blvd.
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Sale History for 1405 S Bronson Ave

Last sold for $850,000 on March 5th, 2021
  • April, 2024

  • Apr 5, 2024

    Date

    Active

    CRMLS: 24376929

    $1,280,000

    Price

  • March, 2021

  • Mar 12, 2021

    Date

    Sold

    CRMLS: 20619722

    $850,000

    Price

  • Jan 22, 2021

    Date

    Pending

    CRMLS: 20619722

    $905,000

    Price

  • Nov 19, 2020

    Date

    Active Under Contract

    CRMLS: 20619722

    $905,000

    Price

  • Oct 26, 2020

    Date

    Price Change

    CRMLS: 20619722

    $905,000

    Price

  • Sep 17, 2020

    Date

    Price Change

    CRMLS: 20619722

    $959,000

    Price

  • Aug 17, 2020

    Date

    Active

    CRMLS: 20619722

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    4 Unit Income Property In Great Location. Spanish style 4plex with large units. Each unit is a spacious 1 bedroom and 1 bathroom each with it's own private 1 car garage at rear. Buyer to verify square footage. Property to be sold in its as-is condition.

  • March, 2018

  • Mar 20, 2018

    Date

    Expired

    CRMLS: 17271870

    $1,050,000

    Price

  • Mar 15, 2018

    Date

    Withdrawn

    CRMLS: 17271870

    $1,050,000

    Price

  • Feb 21, 2018

    Date

    Pending

    CRMLS: 17271870

    $1,050,000

    Price

  • Feb 18, 2018

    Date

    Active Under Contract

    CRMLS: 17271870

    $1,050,000

    Price

  • Sep 20, 2017

    Date

    Active

    CRMLS: 17271870

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    4 Unit Income Property In Great Location. Spanish style 4plex with large units. Newly replaced copper piping. Each unit is a spacious 1 bedroom and 1 bathroom with their own washer/dryer hook-up and each has their own private 1 car garage at rear.

  • June, 2015

  • Jun 17, 2015

    Date

    Sold (Public Records)

    Public Records

    $699,500

    Price

  • November, 2013

  • Nov 15, 2013

    Date

    Sold (Public Records)

    Public Records

    $547,000

    Price

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Tax History for 1405 S Bronson Ave

Assessed Value (2020): $768,812
Year Land Value Improved Value Assessed Value
2020 $538,170 $230,642 $768,812

Home Value Compared to the Market

This property vs the competition

1405 S Bronson Ave is listed 2.4% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $302.6 per/sqft which puts the price per square foot 61.06% lower than the median price per square foot for the city of Los Angeles.

About 1405 S Bronson Ave

Detailed summary of property

1405 S Bronson Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 10 bedrooms, 10 bathrooms, roughly 4,230 living square feet, and sits on an approximately 6,275 square foot lot. 1405 S Bronson Ave was first listed on ArdentRealEstateGroup.com on April 5, 2024. The homeowner is currently asking $1,280,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.4% higher than the median priced home. Local competing homes currently for sale include 1322 S Van Ness Ave, 1619 Cimarron St and 893 S Norton Ave. While the average home in Los Angeles, CA is selling in 92 days, 1405 S Bronson Ave has a days on market of 33 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1405 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 1405 S Bronson Ave

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
4,230
Lot Size
6,274
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
36
APN
5072-005-003

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
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Related Resources to 1405 S 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.