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1510 S Bronson Ave, Los Angeles, CA 90019
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1510 S Bronson Ave Los Angeles, CA 90019

$1,100,000
  • 6 Beds
  • 4 Baths
  • 3,999 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 1510 S Bronson Ave, Los Angeles, CA 90019

Property Overview: 1510 S Bronson Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,999 living square feet and 5,856 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: Probate sale. Court confirmation MAY be required. For Sale after 45 years! Bread-n-butter 4-unit residential property in the desirable Arlington Heights neighborhood of Los Angeles, adjacent to the sought after residential neighborhoods of Lafayette Square and Country Club Park in the heart of Mid-City. One of the lowest price per SF in the area, only $275 per sq. ft. Easy proximity to I-10 and I-110 Freeways and easy access to public transportation. Electrical wiring in all units updated and new electric meters installed in 2009 & 2023, plumbing was updated with copper piping in 2009, and roof updated in approximately last 10 years. All units are separately metered for gas & electricity, and have individual water heaters. Front building comprises of 2 large 2 bed 1.5 bath townhomes, with their own laundry hook-ups. 4 separate garages in the back, with 2 x 1 bed 1 bath units on top. One of the large townhome unit in the front and one of the 1 bedroom units in the back are currently vacant, and will be delivered vacant at close of escrow. Seller is MOTIVATED and wants to see ALL offers. The property is subject to City of Los Angeles Rent Stabilization Ordinance. Property is being sold AS IS and WHERE IS with current 2 tenant(s) in place. Buyer to conduct their own investigations.

Listed by Vineendra Jain | BRE #01413466 | Ingenious Asset Group, Inc.
Last checked: 7 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 211
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Home details

Lot Sq. Ft
5,856
HOA Dues
$0/mo
Year built
1938
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
23316551
City
Los Angeles
County
Los Angeles
Time on Site
228 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,519
  • Total Rent: $5,038
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,342
  • Total Rent: $2,684
  • Pro Forma/Market Rent: $4,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.88%
  • Gross Rent Multiplier: 11.87
  • Gross Scheduled Income: --
  • Net Operating Income: $64,684
  • Gross Operating Income: $88,033
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1510 S Bronson Ave

Interior Features
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Carpet, Vinyl, Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Range, Microwave, Oven
Interior Features
  • Ceiling Fan(s), Two Story Ceilings, Crown Molding
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Rain Gutters
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Lawn, Front Yard, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5072007009
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Fwy (I-10), South of Pico Blvd, West of Arlington Ave, and East of Crenshaw Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1510 S Bronson Ave

View property's historical transactions

  • December, 2023

  • Dec 30, 2023

    Date

    Expired

    CRMLS: SR23195882

    $1,545,000

    Price

  • Oct 20, 2023

    Date

    Active

    CRMLS: SR23195882

    $1,545,000

    Price

  • Listing provided courtesy of CRMLS

    Probate sale. Court confirmation MAY be required. For Sale after 45 years! Bread-n-better 4-unit residential property in the desirable Arlington Heights neighborhood of Los Angeles, adjacent to the sought-after residential neighborhoods of Lafayette Square and Country Club Park in the heart of Mid-City. Easy proximity to I-10 and I-110 Freeways and easy access to public transportation. Electrical wiring in all units updated and new electric meters installed in 2009 & 2023, plumbing was updated with copper piping in 2009, and roof updated in approximately last 10 years. All units are separately metered for gas & electricity, and have individual hot water heaters. Front building comprises of 2 large 2 bed 1.5 bath townhomes, with their own laundry hook-ups. 4 separate garages in the back, with 2 x 1 bed 1 bath units on top. One of the large townhome unit in the front and one of the 1 bedroom units in the back. The property is subject to City of Los Angeles Rent Stabilization Ordinance. Seller is MOTIVATED and wants to see ALL offers. Property is being sold AS IS and WHERE IS with current 2 tenant(s) in place. Buyer to conduct their own investigations.

  • October, 2023

  • Oct 6, 2023

    Date

    Active

    CRMLS: 23316551

    $1,545,000

    Price

  • September, 2023

  • Sep 19, 2023

    Date

    Canceled

    CRMLS: SR23089863

    $1,700,000

    Price

  • Jun 8, 2023

    Date

    Active

    CRMLS: SR23089863

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    1510-1512 S Bronson Ave is a four-unit value-add apartment project in Arlington Heights, near Lafayette Square and Country Club Park in Mid City Los Angeles. The project benefits from a central location with easy access to major freeways and public transportation and is conveniently located near employment, entertainment, and shopping hubs in Downtown, Mid-Wilshire, Westside, and Beverly Hills, making it attractive to investors and residents alike. The ± 3,999 square foot property is on a ± 5,866 square foot lot and consists of two 2 Bed/1.5 Bath units and two 1 Bed/1 Bath units, each with a kitchen and living room. With spacious units and a sought-after location, this property is an excellent investment for those looking to enter or expand their portfolio in Mid-City. Note: Probate sale, subject to court confirmation. Property to be sold as-is, where-is. Buyer to rely solely on its own investigations. Published Cap Rate is Pro-Forma

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Tax History for 1510 S Bronson Ave

Assessed Value (2020): $139,967
Year Land Value Improved Value Assessed Value
2020 $42,015 $97,952 $139,967

Home Value Compared to the Market

This property vs the competition

1510 S Bronson Ave is listed 12% lower 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 $780 and this home is listed at $275.07 per/sqft which puts the price per square foot 64.73% lower than the median price per square foot for the city of Los Angeles.

About 1510 S Bronson Ave

Detailed summary of property

1510 S Bronson Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 3,999 living square feet, and sits on an approximately 5,856 square foot lot. 1510 S Bronson Ave was first listed on ArdentRealEstateGroup.com on October 6, 2023. The homeowner is currently asking $1,100,000 and was originally asking $1,545,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 12% lower than the median priced home. Local competing homes currently for sale include 2546 S Bronson Ave, 1352 S Longwood Ave and 2822 7th Ave. While the average home in Los Angeles, CA is selling in 93 days, 1510 S Bronson Ave has a days on market of 211 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1510 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 1510 S Bronson Ave

Public county record property details
Beds
4
Baths
4
Year built
1938
Sq. Ft.
3,999
Lot Size
5,856
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5072-007-009

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
70
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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Homes for Sale Near 1510 S Bronson Ave

Nearby Homes for Sale

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Recently Sold Homes Near 1510 S Bronson Ave

1442 S Bronson Ave, Los Angeles, CA 90019
$1,395,000 Last Sold Price
9 Beds
4 Baths
-- Sq.Ft.
1442 S Bronson Ave
Los Angeles, CA 90019
1449 S Bronson Ave, Los Angeles, CA 90019
$1,040,000 Last Sold Price
8 Beds
4 Baths
3672 Sq.Ft.
1449 S Bronson Ave
Los Angeles, CA 90019
1504 S Bronson Ave, Los Angeles, CA 90019
$1,315,000 Last Sold Price
6 Beds
4 Baths
4380 Sq.Ft.
1504 S Bronson Ave
Los Angeles, CA 90019
1419 S Bronson Ave, Los Angeles, CA 90019
$850,000 Last Sold Price
20 Beds
10 Baths
4628 Sq.Ft.
1419 S Bronson Ave
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.

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