1937 North Bronson Avenue

Los Angeles, CA 90068

$3,800,000
Last Sold Price
14
Beds
12
Baths
8,739 Sq. Ft.
$435 / Sq. Ft.
8,739
Sq. Ft.
$435
per Sq. Ft.

Description

This amazing 12-unit property is located in the historic and incredibly sought-after Franklin Village. Perfectly located between Los Feliz and Hollywood, your tenants will have the best of LA's "west and east sides". When driving up to the property, you'll be impressed by its curb-appeal. There is ample parking with each unit getting at least one spot and a total of 16 parking spots. Throughout the property are tastefully landscaped grounds, providing a tranquil setting and an artistic atmosphere....This amazing 12-unit property is located in the historic and incredibly sought-after Franklin Village. Perfectly located between Los Feliz and Hollywood, your tenants will have the best of LA's "west and east sides". When driving up to the property, you'll be impressed by its curb-appeal. There is ample parking with each unit getting at least one spot and a total of 16 parking spots. Throughout the property are tastefully landscaped grounds, providing a tranquil setting and an artistic atmosphere. A majority of the units have been remodeled over the last decade. The property consists of three 2bed/1baths, eight 1bed/1baths and one studio. The rear lot, APN: 5586-014-060 (1,226 SF) has been incorporated into the parking lot and is included in the sale.
  1. Listed by Nick Astrupgaard • DRE #01893466 • Brokerage DRE #01208019 • KW Commercial Studio City

Property Details for 1937 North Bronson Avenue

Zoning
LARD1.5
Parcel Number
5586014072
Total Units
12.0
Living Area
8739
Source Living Area
Vendor Enhanced
Area
Hollywood Hills East (C30)
Vacancy Rate
33.3%
Lot Size Area
9520

Location

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466

Sold By Sotheby's International Realty, Lauren Reichenberg, DRE #01415570

Add your commute
LISTING UPDATED: 01/22/2018 10:57 AM

Property Details for 1937 North Bronson Avenue

StatusSold
MLS #16-119540
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.22 AC / 9,520 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466

Sold By Sotheby's International Realty, Lauren Reichenberg, DRE #01415570

Add your commute

Building Information for 1937 North Bronson Avenue

Stories2Residences-Year Built1961Building Size-Lot Size0.22 AC / 9,520 SF

Payment Calculator

$20,868 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,738

Property Taxes

$130

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1937 North Bronson Avenue

Community / Development
Community / Development
  • Number Of Units: 12
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • View: No
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $232,031
  • Net Operating Income: $129,400.00
  • Gross Income: $232,031
  • Cap Rate: 3.50%
  • Gross Rent Multiplier: $15.80
  • Total Annual Expense: 102631
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 9520
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Assigned, Auto Driveway Gate, Door Opener, Driveway
  • Total Parking: 16
  • Parking Features: Assigned, Garage Door Opener, Auto Driveway Gate, Driveway
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating Type: Wall
  • Equipment: Dishwasher, Dryer, Intercom
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
Lease Terms
Lease Terms
  • Entry Date: 04-27-2016
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $11,873.00
  • Unit Actual Rent: $11,873.00
  • Unit Projected Rent: $17,600.00
  • Like Units: 8
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $6,050.00
  • Unit Actual Rent: $6,050.00
  • Unit Projected Rent: $7,200.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,230.00
  • Unit Actual Rent: $1,230.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $618,700.00
  • Assessed Land Value: $784,871.00

Property History for 1937 North Bronson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1937 North Bronson Avenue

Taxable ValueLand$126,140Additions-Total$126,140
Tax Record2023$1,558 ($130 / month)
Home Facts
Beds0Lot Size1,222 SqFtStyleResidentialZoningLARD1.5CountyLOS ANGELESAPN5586-014-060

Schools near 1937 North Bronson Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Cheremoya Avenue Elementary School
PublicK to 6

Joseph Le Conte Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.