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3423 S Bronson Ave, Los Angeles, CA 90018
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3423 S Bronson Ave Los Angeles, CA 90018

$889,000 Sold Price as of 07/31/2020
  • 5 Beds
  • 5 Baths
  • 2,760 Sq.Ft.
Sold
$889,000 Sold Price as of 07/31/2020 Refinance Your Mortgage
Map preview of 3423 S Bronson Ave, Los Angeles, CA 90018

Property Overview: 3423 S Bronson Ave Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,760 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: Welcome to Virginia Park a 5 unit beautifully maintained property centrally located in the beautiful community of Jefferson Park. The owner occupied property has been renovated over the last 8 years for a grand total of $200,000. Here are some of the other fine features; 5 - 1 bedroom, 1 bathroom units, a new roof with a gentle slope was installed 8 years ago, the entire electrical panel and all the electrical has been changed out and completed 2 months ago (with permits), newer windows, rebuilt garages, newer garage doors, all units have: washer and dryer, ceiling fans, A/C units, wall heaters, and front/back entrances. The owner has maintain the lush landscaped grounds groomed with 'park-like' feel, with many well tended bushes, tress, brush, jasmines, roses, ferns, cumquat, and 100 year old gorgeous pine tree, plus Walkway and front yard LED path lights. The property is centrally located to mass transportation, restaurants, close to USC, downtown, staples center, convention center, and the rental market in this area is growing.

Listed by Manny Meneses | BRE #01476573 | Park Regency Realty
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,292
HOA Dues
$0/mo
Year built
1930
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR20106485
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $806
  • Total Rent: $806
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $775
  • Total Rent: $775
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $908
  • Total Rent: $908
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $856
  • Total Rent: $856
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $53,100
  • Net Operating Income: $44,516
  • Gross Operating Income: --
  • # of Rented Garages: 2
  • Garage Rental Rate: $180
  • Garage Rental Income: $2,160
Annual Expense Breakdown
  • Total Operating Expense: $9,798
  • Electric: $0
  • Gas/Fuel: $144
  • New Taxes: $4,000
  • Trash: $0
  • Insurance: $5,560
  • Professional Management: $0
  • Water/Sewer: $3,744

Property Details for 3423 S Bronson Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Carpet, Laminate, Tile
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 5044004015
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Off Crenshaw, between Jefferson and Exposition
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 3423 S Bronson Ave

Last sold for $850,000 on July 31st, 2020

  • August, 2020

  • Aug 5, 2020

    Date

    Sold

    CRMLS: SR20106485

    $889,000

    Price

  • Jun 5, 2020

    Date

    Pending

    CRMLS: SR20106485

    $899,000

    Price

  • Jun 3, 2020

    Date

    Active

    CRMLS: SR20106485

    $899,000

    Price

  • July, 2020

  • Jul 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • December, 2019

  • Dec 24, 2019

    Date

    Sold

    CRMLS: SR19241994

    $891,000

    Price

  • Oct 23, 2019

    Date

    Pending

    CRMLS: SR19241994

    $925,000

    Price

  • Oct 13, 2019

    Date

    Active

    CRMLS: SR19241994

    $925,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2000

  • Aug 18, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3423 S Bronson Ave

Assessed Value (2020): $281,598
Year Land Value Improved Value Assessed Value
2020 $182,691 $98,907 $281,598

Home Value Compared to the Market

This property vs the competition

3423 S Bronson Ave sold on July 31, 2020 for 24.45% lower 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 $325.72 per/sqft which puts the price per square foot 56.86% lower than the current median sale per square foot for the city of Los Angeles.

About 3423 S Bronson Ave

Detailed summary of property

3423 S Bronson Ave is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 2,760 living square feet, and sits on an approximately 6,292 square foot lot. 3423 S Bronson Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $889,000. 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 24.45% lower than the current median priced home. Local homes that are currently for sale include 3734 S Harvard Blvd, 5435 Smiley Dr and 1969 W 23rd St. While the average home in Los Angeles, CA is selling in 94 days, 3423 S Bronson Ave has a days on market of 2 days. 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 3423 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 3423 S Bronson Ave

Public county record property details
Beds
5
Baths
5
Year built
1930
Sq. Ft.
2,760
Lot Size
6,291
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
140
APN
5044-004-015

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%)

Thinking of Selling?

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Recently Sold Homes Near 3423 S Bronson Ave

3415 S Bronson Ave, Los Angeles, CA 90018
$1,445,000 Last Sold Price
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3415 S Bronson Ave
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3414 S Bronson Ave, Los Angeles, CA 90018
$950,000 Last Sold Price
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3414 S Bronson Ave
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3524 S Bronson Ave, Los Angeles, CA 90018
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3501 S Norton Ave, Los Angeles, CA 90018
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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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