621 North Bronson Avenue

Los Angeles, CA 90004

$5,275,000
Last Sold Price
2
Beds
24
Baths
13,104 Sq. Ft.
$403 / Sq. Ft.
13,104
Sq. Ft.
$403
per Sq. Ft.

Description

Bronson Luxury Apartments is an immaculately maintained 12-unit apartment community located in Los Angeles California. Set amid lush surroundings on a 10,199 square foot lot, the 13,104 square foot property offers two-bedroom, two bathroom apartment homes. Built in 1988, the property offers large units, an excellent rental location, and superb freeway and amenity access. Reposition Opportunity (5 of 12 delivered vacant) Extra Large 2+2 units with 2 parking spaces per unit No LA City Rent Control...Bronson Luxury Apartments is an immaculately maintained 12-unit apartment community located in Los Angeles California. Set amid lush surroundings on a 10,199 square foot lot, the 13,104 square foot property offers two-bedroom, two bathroom apartment homes. Built in 1988, the property offers large units, an excellent rental location, and superb freeway and amenity access. Reposition Opportunity (5 of 12 delivered vacant) Extra Large 2+2 units with 2 parking spaces per unit No LA City Rent Control (Only subject to AB 1482)
  1. Listed by Warren Berzack • DRE #01329015 • Brokerage DRE #01191898 • Lee & Associates

Property Details for 621 North Bronson Avenue

Parking Spaces Total
26
Private Pool
No
Cooling Type
Central
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
13104
Assessor Parcel Number
5523-026-029

Location

Listing Courtesy of Lee & Associates, Warren Berzack, DRE #01329015

Sold By Lee & Associates, Warren Berzack, DRE #01329015

Add your commute
LISTING UPDATED: 07/29/2021 11:23 PM

Property Details for 621 North Bronson Avenue

StatusClosed
MLS #SR21093697
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.23 AC / 10,200 SF
CountyLos Angeles County

Location

Listing Courtesy of Lee & Associates, Warren Berzack, DRE #01329015

Sold By Lee & Associates, Warren Berzack, DRE #01329015

Add your commute

Building Information for 621 North Bronson Avenue

Stories3Residences-Year Built1988Building Size-Lot Size0.23 AC / 10,200 SF

Payment Calculator

$34,325 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,788

Property Taxes

$5,537

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 621 North Bronson Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $352,992
  • Gross Scheduled Income: $352,992
  • Vacancy Allowance: 10590
  • Gross Operating Income: $342,402
  • Net Operating Income: $222,624
  • Gross Multiplier: 15.57
  • Cap Rate: 4.05
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $119,778
  • New Taxes Expense: $67,725
  • Gardener Expense: $990
  • Cable TV Expense: $911
  • Fuel Expense: $2,200
  • Licenses Expense: $520
  • Pest Control Expense: $392
  • Security Expense: $1,200
  • Electric Expense: $4,800
  • Insurance Expense: $5,120
  • Maintenance Expense: $16,380
  • Professional Management Expense: $0
  • Other Expense: $1,200
  • Other Expense Description: Misc.
  • Trash Expense: $7,132
  • Water Sewer Expense: $12,409
  • Total Expenses: $119,778
Tax / Assessment Info
  • Tax Tract Number: 5693
  • Tax Census Tract: 1924.10
  • Tax Lot: 75
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Oven
  • Equipment: Community
  • Interior Features: High Ceilings
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Carpet, Tile
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 24
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 24
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 12
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,443
  • Unit Type Total Rent: $29,316
  • Unit Type Pro Forma: 31140
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 12
  • Number With Range: 12
  • Number With Refrigerator: 12
  • Number With Carpet: 12
  • Number With Disposal: 12

Property History for 621 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 621 North Bronson Avenue

Taxable ValueLand$4,035,120Additions$1,345,380Total$5,380,500
Tax Record2023$66,440 ($5,537 / month)
Home Facts
Total Finished SqFt13,104 SqFtAbove Grade Finished SqFt13,104 SqFtLot Size10,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1988ZoningLAR3CountyLOS ANGELESAPN5523-026-029

Schools near 621 North Bronson Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Van Ness Avenue Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Richard A. Alonzo Community Day School
Public7 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.

Similar Homes

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Similar Sold Homes

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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 Lee & Associates, Warren Berzack, DRE #01329015

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.