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3415 S Bronson Ave, Los Angeles, CA 90018
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3415 S Bronson Ave Los Angeles, CA 90018

$1,445,000 Sold Price as of 01/28/2022
  • 10 Beds
  • 6 Baths
  • 4,708 Sq.Ft.
Sold
$1,445,000 Sold Price as of 01/28/2022 Refinance Your Mortgage
Map preview of 3415 S Bronson Ave, Los Angeles, CA 90018

Property Overview: 3415 S Bronson Ave Los Angeles, CA has 10 bedrooms, 6 bathrooms, 4,708 living square feet and 6,292 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property sold off-market. Listing provided for comp purposes only.

Listed by Jordan Peikin | BRE #02015987 | Clement Partners Real Estate
Co-listed by Nathan Richards | BRE #01748598 | Nathan Richards
Last checked: 36 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,292
HOA Dues
$0/mo
Year built
1945
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21111415
City
Los Angeles
County
Los Angeles
Time on Site
831 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,096
  • Total Rent: $1,096
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,316
  • Total Rent: $1,316
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,877
  • Total Rent: $1,877
  • Pro Forma/Market Rent: $2,095
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.72
  • Gross Scheduled Income: --
  • Net Operating Income: $70,610
  • Gross Operating Income: $102,181
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3415 S Bronson Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Uncovered
Property Information
  • Total # of Units: 5
  • Parcel Number: 5044004013
Location / Neighborhood
Location Information
  • Directions: North of Exposition Blvd, South of Jefferson Blvd, East Crenshaw Blvd, West of 7th Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 3415 S Bronson Ave

Last sold for $1,445,000 on January 28th, 2022

  • January, 2022

  • Jan 28, 2022

    Date

    Active

    CRMLS: 21111415

    $1,445,000

    Price

  • Jan 28, 2022

    Date

    Sold

    CRMLS: 21111415

    $1,445,000

    Price

  • February, 2021

  • Feb 11, 2021

    Date

    Canceled

    CRMLS: 20670602

    $1,395,000

    Price

  • Dec 14, 2020

    Date

    Active

    CRMLS: 20670602

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    The 5-Unit apartment building of 3415 S Bronson Avenue is being brought on the market in the ever-growing neighborhood of West Adams. The building itself has been recently painted with exterior landscape renovations to match. Three (3) of the Five (5) units have been recently renovated with Class-A finishes that drive rents in this market. The renovations show a clear path for a prospective buyer to do the same with the remaining Two (2) units. The property comes with Assumable debt of $910,000 dollars at an attractive rate of 4.05%. Bronson Avenue allows an investor to push rents with an already steady cash-flowing building. The stability and lower risk associated with this deal can be seen in the 4.84% Current Cap Rate and 13.60 Current GRM.

  • December, 2020

  • Dec 8, 2020

    Date

    Expired

    CRMLS: 20608436

    $1,400,000

    Price

  • Oct 9, 2020

    Date

    Price Change

    CRMLS: 20608436

    $1,400,000

    Price

  • Jul 23, 2020

    Date

    Active

    CRMLS: 20608436

    $1,425,000

    Price

  • Listing provided courtesy of CRMLS

    The 5-Unit apartment building of 3415 S Bronson Avenue is being brought on the market in the ever-growing neighborhood of West Adams. The building itself has been recently painted with exterior landscape renovations to match. Three (3) of the Five (5) units have been recently renovated with Class-A finishes that drive rents in this market. The renovations show a clear path for a prospective buyer to do the same with the remaining Two (2) units. The property comes with Assumable debt of $910,000 dollars at an attractive rate of 4.05%. Bronson Avenue allows an investor to push rents with an already steady cash-flowing building. The stability and lower risk associated with this deal can be seen in the 4.84% Current Cap Rate and 13.60 Current GRM.

  • January, 2018

  • Jan 22, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2016

  • Sep 21, 2016

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

Show More

Tax History for 3415 S Bronson Ave

Assessed Value (2020): $902,776
Year Land Value Improved Value Assessed Value
2020 $541,216 $361,560 $902,776

Home Value Compared to the Market

This property vs the competition

3415 S Bronson Ave sold on January 28, 2022 for 21.43% 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 $306.92 per/sqft which puts the price per square foot 59.35% lower than the current median sale per square foot for the city of Los Angeles.

About 3415 S Bronson Ave

Detailed summary of property

3415 S Bronson Ave is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 4,708 living square feet, and sits on an approximately 6,292 square foot lot. 3415 S Bronson Ave was first listed on ArdentRealEstateGroup.com on January 29, 2022. The homeowner sold the property for $1,445,000. 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 21.43% higher than the current median priced home. Local homes that are currently for sale include 2015 6th Ave, 1726 Crenshaw Blvd and 4080 Leimert Blvd. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3415 S Bronson Ave Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3415 S Bronson Ave

Public county record property details
Beds
--
Baths
--
Year built
1945
Sq. Ft.
4,708
Lot Size
6,292
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
138
APN
5044-004-013

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$925,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
50
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), 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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