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526 N Bronson Ave, Los Angeles, CA 90004
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526 N Bronson Ave Los Angeles, CA 90004

$1,100,000 Sold Price as of 08/21/2023
  • 3 Beds
  • 3.5 Baths
  • 2,928 Sq.Ft.
Sold
$1,100,000 Sold Price as of 08/21/2023 Refinance Your Mortgage
Map preview of 526 N Bronson Ave, Los Angeles, CA 90004

Property Overview: 526 N Bronson Ave Los Angeles, CA has 3 bedrooms, 3.5 bathrooms, 2,928 living square feet and 4,140 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Bronson property currently consists of three multifamily units containing 1, one bedroom, one and one half bath townhouse unit and 2, one bedroom and one bath units. The units are occupied and the rents are well below (72%) market. The property appears to have been very well maintained by the current, hands on, ownership.

Listed by Braemon Hanes | BRE #01230427 | Hanes Investment Rlty
Last checked: 1 minute ago | Last updated: August 26th, 2023 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
4,140
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
SR23101202
City
Los Angeles
County
Los Angeles
Time on Site
469 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,528
  • Total Rent: $2,528
  • Pro Forma/Market Rent: $3,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,276
  • Total Rent: $1,276
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.63%
  • Gross Rent Multiplier: 19.1
  • Gross Scheduled Income: $45,648
  • Net Operating Income: $22,932
  • Gross Operating Income: $44,735
  • Vacancy Allowance: $913
Annual Expense Breakdown
  • Total Operating Expense: $21,803
  • Electric: $755
  • Gas/Fuel: $0
  • Licenses: $437
  • New Taxes: $10,638
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,713
  • Maintenance: $3,424
  • Water/Sewer: $755

Property Details for 526 N Bronson Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5522025011
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Los Angeles Studio District
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 526 N Bronson Ave

Last sold for $1,100,000 on August 21st, 2023

  • August, 2023

  • Aug 21, 2023

    Date

    Sold

    CRMLS: SR23101202

    $1,100,000

    Price

  • Jun 8, 2023

    Date

    Active

    CRMLS: SR23101202

    $872,000

    Price

  • September, 2010

  • Sep 7, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 526 N Bronson Ave

Assessed Value (2020): $585,730
Year Land Value Improved Value Assessed Value
2020 $439,299 $146,431 $585,730

Home Value Compared to the Market

This property vs the competition

526 N Bronson Ave sold on August 21, 2023 for 22.14% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $297.81 per/sqft which puts the price per square foot 58.87% lower than the current median sale per square foot for the city of Los Angeles.

About 526 N Bronson Ave

Detailed summary of property

526 N Bronson Ave is a triplex that recently sold in Los Angeles, CA 90004. This triplex offered 3 bedrooms, 3.5 bathrooms, roughly 2,928 living square feet, and sits on an approximately 4,140 square foot lot. 526 N Bronson Ave was first listed on ArdentRealEstateGroup.com on June 8, 2023. The homeowner sold the property for $1,100,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 22.14% lower than the current median priced home. Local homes that are currently for sale include 4118 W 2nd St, 5432 La Mirada Ave and 5426 La Mirada Ave. While the average home in Los Angeles, CA is selling in 106 days, 526 N Bronson Ave has a days on market of 42 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 526 N Bronson Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 526 N Bronson Ave

Public county record property details
Beds
3
Baths
3
Year built
1937
Sq. Ft.
2,928
Lot Size
4,140
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
144
APN
5522-025-011

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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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