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1540 N Bronson Ave, Los Angeles, CA 90028
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1540 N Bronson Ave Los Angeles, CA 90028

$6,533,334 Sold Price as of 07/06/2022
  • 24 Beds
  • 16 Baths
  • 13,409 Sq.Ft.
Sold
$6,533,334 Sold Price as of 07/06/2022 Refinance Your Mortgage
Map preview of 1540 N Bronson Ave, Los Angeles, CA 90028

Property Overview: 1540 N Bronson Ave Los Angeles, CA has 24 bedrooms, 16 bathrooms, 13,409 living square feet and 12,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a sixteen (16) unit apartment building located at 1540 North Bronson Avenue in Los Angeles, California. The subject property is positioned in a prime Hollywood location, south of Hollywood Boulevard and east of Vine Street. Built in 1996, this property contains a great unit mix of two (2) studio / one bathroom units, one (1) vacant one bedroom / one bathroom ADU, three (3) one bedroom / one bathroom units, and ten (10) two bedroom / one and a half bathroom townhouse style units. This non-rent controlled building is host to a number of incredible features such as the lovely center courtyard, a large on-grade parking garage, well-maintained exteriors, an on-site laundry facility, and an alleyway for easy access and guest parking. The units are completely renovated with new floors, updated kitchens with stainless steel appliances and quartz countertops, high ceilings, and tons of natural light. Tenants will enjoy having dominant access to trendy retail, restaurant, and entertainment amenities with Hollywood Boulevard to the north and Sunset Boulevard to the south. Some of the walkable amenities include SUGARFISH, The Sisters Asian Fusion Cafe, Lanicure Nail Bar, Ronnie's Kitchen + Cocktails, Florentine Gardens, Totoyama Sushi & Ramen, Amoeba Music, and an array of Art Galleries and Museums. Situated in a prime Hollywood location, this offering presents an excellent opportunity for any investor to purchase a turn-key, non rent control building with positive cash flow.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 43 seconds ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
12,250
HOA Dues
$0/mo
Year built
1996
Garage
17 Car
Property Type:
Multi Family
Status
Sold
MLS#
22141749
City
Los Angeles
County
Los Angeles
Time on Site
781 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,868
  • Total Rent: $1,868
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 10
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,415
  • Total Rent: $2,415
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,402
  • Total Rent: $1,402
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.68
  • Gross Scheduled Income: --
  • Net Operating Income: $280,525
  • Gross Operating Income: $415,070
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1540 N Bronson Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Security Features: Gated Community, Resident Manager
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 Garage Spaces: 17
  • # of Parking Spaces: 17
  • Has Parking
  • Parking Features: Community Structure, Garage
Lot Information
  • Lot Features: Landscaped
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 16
  • Parcel Number: 5545010015
  • Property Condition: Updated/Remodeled, Additions/Alterations
Location / Neighborhood
Location Information
  • Directions: The subject property is positioned in a prime Hollywood location, south of Hollywood Boulevard and east of Vine Street
View more facts & features

Local Los Angeles Agent

Sale History for 1540 N Bronson Ave

Last sold for $6,533,334 on July 6th, 2022

  • July, 2022

  • Jul 6, 2022

    Date

    Sold

    CRMLS: 22141749

    $6,533,334

    Price

  • Mar 23, 2022

    Date

    Active

    CRMLS: 22141749

    $6,495,000

    Price

  • September, 2021

  • Sep 15, 2021

    Date

    Expired

    CRMLS: 21705390

    $1,707

    Price

  • Jun 5, 2021

    Date

    Withdrawn

    CRMLS: 21705390

    $1,707

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: 21705390

    $1,707

    Price

  • Apr 2, 2021

    Date

    Price Change

    CRMLS: 21705390

    $1,895

    Price

  • Mar 15, 2021

    Date

    Active

    CRMLS: 21705390

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    Newly renovated 1 Bedroom Apartment in the prime walkable Hollywood Studio District! This spacious open floor plan is completely renovated with newly installed Floors, Updated Kitchen w Stainless Steel Appliances & New Countertops Central AC/Heat & In-Unit W/D. The center hallway has a wall of storage for linens near the Updated Bathroom, with its new counters and fixtures. The spacious Bedroom offers mirrored closet doors and lots of natural light. New Central AC. Secure entry, 1 parking spot avail. Pets Ok. Central to Everything: Trader Joe's, Starbucks, Equinox, Tendergreens, Shake Shack, Rite Aid/CVS and all the bars, restaurants, shops and entertainment along Hollywood Blvd & Sunset Blvd!! Close to Transportation: Hollywood/Vine Metro, 101 FWY. *Photos are not of actual unit and are representative of a 1 bedroom floorplan* **Monthly Rent ($1,707) is based on a 13mo lease w/ 1mo free, Base Rent is $1850.

  • June, 2021

  • Jun 5, 2021

    Date

    Withdrawn

    CRMLS: 21731866

    $1,850

    Price

  • May 15, 2021

    Date

    Active

    CRMLS: 21731866

    $1,850

    Price

  • Listing provided courtesy of CRMLS

    **ASK ABOUT OUR MOVE-IN SPECIALS** Newly renovated 1 Bedroom Apartment in the prime walkable Hollywood Studio District! This spacious open floor plan is completely renovated with newly installed Floors, Updated Kitchen w Stainless Steel Appliances & New Countertops and Central AC/Heat. The center hallway has a wall of storage for linens near the Updated Bathroom, with its new counters and fixtures. The spacious Bedroom offers mirrored closet doors and lots of natural light. New Central AC. Secure entry, 1 parking spot, Laundry on site. Pets Ok. Central to Everything: Trader Joe's, Starbucks, Equinox, Tendergreens, Shake Shack, Rite Aid/CVS and all the bars, restaurants, shops and entertainment along Hollywood Blvd & Sunset Blvd!! Close to Transportation: Hollywood/Vine Metro, 101 FWY. Parking: $100 per month.

  • June, 2021

  • Jun 5, 2021

    Date

    Withdrawn

    CRMLS: 21731758

    $2,195

    Price

  • May 15, 2021

    Date

    Active

    CRMLS: 21731758

    $2,195

    Price

  • Listing provided courtesy of CRMLS

    **ASK ABOUT OUR MOVE-IN SPECIALS** Newly renovated 2 Bedroom Townhouse in the prime walkable Hollywood Studio District! This spacious two-story floor plan offers great separation of living and sleeping areas. Completely renovated with newly installed Floors, Updated Kitchen w Stainless Steel Appliances & New Countertops. The upstairs landing offers entry to an Updated Bathroom with new counters and fixtures. 2 Spacious Bedrooms with mirrored closet doors and lots of natural light. New Central AC. Secure entry, 2 parking spaces, Laundry on-site! Pets Ok. Central to Everything: Trader Joe's, Starbucks, Equinox, Tendergreens, Shake Shack, Rite Aid/CVS and all the bars, restaurants, shops and entertainment along Hollywood Blvd & Sunset Blvd!! Close to Transportation: Hollywood/Vine Metro, 101 FWY. Parking: $100 per month.

  • December, 2020

  • Dec 11, 2020

    Date

    Leased

    CRMLS: 20645794

    $2,295

    Price

  • Oct 13, 2020

    Date

    Active

    CRMLS: 20645794

    $2,295

    Price

  • Listing provided courtesy of CRMLS

    **ASK ABOUT OUR MOVE-IN SPECIALS** Newly renovated 2 Bedroom Townhouse in the prime walkable Hollywood Studio District! This spacious two-story floor plan offers great separation of living and sleeping areas. Completely renovated with newly installed Floors, Updated Kitchen w/ Stainless Steel Appliances & New Countertops. The upstairs landing offers entry to an Updated Bathroom with new counters and fixtures. 2 Spacious Bedrooms with mirrored closet doors and lots of natural light. New Central AC. Secure entry, 2 parking spaces and Laundry on-site! Pets Ok. Central to Everything: Trader Joe's, Starbucks, Equinox, Tendergreens, Shake Shack, Rite Aid/CVS and all the bars, restaurants, shops and entertainment along Hollywood Blvd & Sunset Blvd!! Close to Transportation: Hollywood/Vine Metro, 101 FWY. Parking not included in base rent and is an additional $50.00 per month.

  • July, 2020

  • Jul 16, 2020

    Date

    Leased

    CRMLS: 20570876

    $1,695

    Price

  • Apr 14, 2020

    Date

    Active

    CRMLS: 20570876

    $1,695

    Price

  • Listing provided courtesy of CRMLS

    **ASK ABOUT OUR MOVE-IN SPECIALS** Newly renovated 1 Bedroom Apartment in the prime walkable Hollywood Studio District! This spacious open floor plan is completely renovated with newly installed Floors, Updated Kitchen w Stainless Steel Appliances & New Countertops and Central AC/Heat. The center hallway has a wall of storage for linens near the Updated Bathroom, with its new counters and fixtures. The spacious Bedroom offers mirrored closet doors and lots of natural light. New Central AC. Secure entry, 1 parking spot, Laundry on site. Pets Ok. Central to Everything: Trader Joe's, Starbucks, Equinox, Tendergreens, Shake Shack, Rite Aid/CVS and all the bars, restaurants, shops and entertainment along Hollywood Blvd & Sunset Blvd!! Close to Transportation: Hollywood/Vine Metro, 101 FWY.

  • May, 2020

  • May 24, 2020

    Date

    Leased

    CRMLS: 20570852

    $2,195

    Price

  • May 14, 2020

    Date

    Active Under Contract

    CRMLS: 20570852

    $2,195

    Price

  • Apr 14, 2020

    Date

    Active

    CRMLS: 20570852

    $2,195

    Price

  • Listing provided courtesy of CRMLS

    **ASK ABOUT OUR MOVE-IN SPECIALS** Newly renovated 2 Bedroom Townhouse in the prime walkable Hollywood Studio District! This spacious two-story floor plan offers great separation of living and sleeping areas. Completely renovated with newly installed Floors, Updated Kitchen w Stainless Steel Appliances & New Countertops. The upstairs landing offers entry to an Updated Bathroom with new counters and fixtures. 2 Spacious Bedrooms with mirrored closet doors and lots of natural light. New Central AC. Secure entry, 2 parking spaces, Laundry on-site! Pets Ok. Central to Everything: Trader Joe's, Starbucks, Equinox, Tendergreens, Shake Shack, Rite Aid/CVS and all the bars, restaurants, shops and entertainment along Hollywood Blvd & Sunset Blvd!! Close to Transportation: Hollywood/Vine Metro, 101 FWY

  • February, 2019

  • Feb 9, 2019

    Date

    Expired

    CRMLS: 18373860

    $5,700,000

    Price

  • Sep 4, 2018

    Date

    Withdrawn

    CRMLS: 18373860

    $5,700,000

    Price

  • Aug 8, 2018

    Date

    Active

    CRMLS: 18373860

    $5,700,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present a fifteen unit multifamily property located at 1540 North Bronson Avenue, in Los Angeles, California. The property is situated just north of West Sunset Boulevard, and east of North Gower Street. With strong positioning in a dense rental pocket of Hollywood, this property is considered prime.It features a unit mix of two (2) studio units, three (3) one bedroom/one bathroom units, one (1) two bedroom/one and a half bathroom unit, and finally nine (9) two bedroom/two bathroom units. The building itself offers plenty of amenities such as a central HVAC, All-Copper Plumbing, ample parking, each two bedroom unit is townhouse style, and the property is just walking distance from Sunset Boulevard and all of its amenities.This offering presents the perfect opportunity for an investor to acquire a non-rent controlled, mid-sized property, with prime positioning in Hollywood, California.

  • December, 2016

  • Dec 1, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2014

  • Dec 5, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1540 N Bronson Ave

Assessed Value (2020): $3,983,050
Year Land Value Improved Value Assessed Value
2020 $2,387,718 $1,595,332 $3,983,050

Home Value Compared to the Market

This property vs the competition

1540 N Bronson Ave sold on July 6, 2022 for 445.8% 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 $484.38 per/sqft which puts the price per square foot 35.84% lower than the current median sale per square foot for the city of Los Angeles.

About 1540 N Bronson Ave

Detailed summary of property

1540 N Bronson Ave is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 24 bedrooms, 16 bathrooms, roughly 13,409 living square feet, and sits on an approximately 12,250 square foot lot. 1540 N Bronson Ave was first listed on ArdentRealEstateGroup.com on March 31, 2022. The homeowner sold the property for $6,533,334. 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 445.8% higher than the current median priced home. Local homes that are currently for sale include 9025 W 3rd St, 1975 S Corning St and 654 E 24th St. While the average home in Los Angeles, CA is selling in 92 days, 1540 N Bronson Ave has a days on market of 26 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 1540 N Bronson Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1540 N Bronson Ave

Public county record property details
Beds
--
Baths
16
Year built
1996
Sq. Ft.
13,409
Lot Size
12,249
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
65
APN
5545-010-015

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
36
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

Thinking of Selling?

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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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