
1504 S Bronson Ave Los Angeles, CA 90019
Arlington Heights NeighborhoodEstimated payment $9,566/month
Highlights
- Wood Flooring
- Fenced Yard
- 8 Car Attached Garage
About This Home
Prime Mid-City Fourplex w/ Tremendous Value-Add Opportunity & Strong Upside Potential! Don't miss this exceptional opportunity to own a (4) unit multifamily investment property located in the heart of prime Mid-City, one of Los Angeles' most desirable and centrally located neighborhoods. This stunning property offers a total of 4,380sq.ft. situated on a 5,820sq.ft. lot. The unit mix includes two (2) 2-bedroom + 1-bathroom units and two (2) oversized 1-bedroom + 1-bathroom units, with good potential to be converted into 2-bedroom units due to their generous layouts and large square footage. Each unit boasts spacious floor plans averaging about 1,100sq.ft., providing comfortable and functional living spaces for tenants. Two (2) of the units have been extensively remodeled, featuring: Refinished hardwood oak flooring, Modern quartz countertops, Stainless steel appliances, Updated copper plumbing, Stylishly upgraded kitchens and bathrooms, New in-unit washer & dryers for added convenience. The remaining two (2) units offer value-add potential, allowing investors the opportunity to renovate, reposition, and maximize market rents, significantly increasing overall cash flow. Additional property highlights include: Current monthly gross income: $6,937/month. 4 large detached garages with excellent ADU potential to further enhance rental income. Quiet residential street with easy access to freeways, public transportation, shopping, and dining. Whether you're looking for a strong-performing asset or an opportunity to increase value through strategic renovations and development, this Mid-City fourplex checks all the boxes. Contact us today for more information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,043
Year Built
- Built in 1924
Lot Details
- 5,821 Sq Ft Lot
- Fenced Yard
Parking
- 8 Car Attached Garage
Interior Spaces
- 4,380 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Sewer in Street
Community Details
- 4 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 5072-007-008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $17,043 | $1,395,488 | $944,475 | $451,013 |
2024 | $17,043 | $1,368,126 | $925,956 | $442,170 |
2023 | $16,721 | $1,341,300 | $907,800 | $433,500 |
2022 | $15,956 | $1,315,000 | $890,000 | $425,000 |
2021 | $9,401 | $749,462 | $524,625 | $224,837 |
2019 | $9,128 | $727,234 | $509,065 | $218,169 |
2018 | $8,992 | $712,976 | $499,084 | $213,892 |
2016 | $8,567 | $685,293 | $479,705 | $205,588 |
2015 | $7,320 | $580,534 | $371,739 | $208,795 |
2014 | -- | $437,906 | $313,537 | $124,369 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/07/2025 04/07/25 | For Sale | $1,495,000 | +13.7% | $341 / Sq Ft |
09/17/2021 09/17/21 | Sold | $1,315,000 | -2.6% | $300 / Sq Ft |
07/30/2021 07/30/21 | Pending | -- | -- | -- |
07/13/2021 07/13/21 | For Sale | $1,350,000 | +100.0% | $308 / Sq Ft |
05/27/2015 05/27/15 | Sold | $675,000 | -28.9% | $154 / Sq Ft |
04/29/2015 04/29/15 | Pending | -- | -- | -- |
12/01/2014 12/01/14 | For Sale | $950,000 | -- | $217 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,316,000 | North American Title Company | |
Interfamily Deed Transfer | -- | North American Title Company | |
Grant Deed | $675,000 | North American Title Company | |
Interfamily Deed Transfer | -- | Accommodation | |
Grant Deed | $419,000 | North American Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $933,000 | New Conventional | |
Previous Owner | $506,250 | New Conventional | |
Previous Owner | $413,432 | FHA |
Similar Homes in the area
Source: The MLS
MLS Number: 25521311

APN: 5072-007-008
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