NOT LISTED FOR SALE

1940 S Bronson Ave Los Angeles, CA 90018

Arlington Heights Neighborhood

Estimated Value: $1,168,961 - $1,356,000

4 Beds
2 Baths
2,894 Sq Ft
$432/Sq Ft Est. Value

Last Sold September 12, 2012

Last sale price $440,000 $152 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $7,149/month

4 Days on Market

About This Home

As of September 2012

Standard sale. Great income property. Centrally located near 10 fwy. Close to all restaurants, religious facilities, schools and many more. It has been remodeled. One unit is vacant and one is occupied. Rent is $1400 for unit 1940. Easy to show and has great potential.Easy to manage building.

Last Agent to Sell the Property

Alexis Kim

Keller Williams Larchmont License #01377398 Listed on: 07/12/2012

Keller Williams Larchmont

Last Buyer's Agent

Kurt Wisner

Compass License #01431217

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,726

Year Built

  • Built in 1922

Lot Details

  • 6,490 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,894 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5060-009-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,726

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2894
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 152.04

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage, Uncovered
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 70532
  • Assessed Land Value: 162240
  • Assessor Parcel Number: 5060-009-003
  • Lot Size Area: 6490

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.22
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2012
Closed on
Sep 6, 2012
Sold by
1940-1942 South Bronson Avenue Los Angel
Bought by
Kasten Christopher M
Seller's Agent
Alexis Kim
Keller Williams Larchmont
Buyer's Agent
Kurt Wisner
Compass
List Price
$440,000
Sold Price
$440,000
Current Estimated Value
$1,249,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,990
Avg. Annual Appreciation
8.23%
Original Mortgage
$352,000
Outstanding Balance
$242,764
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,007,226

Purchase Details

Closed on
Apr 18, 2012
Sold by
Bank Of America Na
Bought by
1940-1942 South Bronson Avenue Los Angel and Equus Capital

Purchase Details

Closed on
Dec 2, 2011
Sold by
Nolasco Manuel and Nolasco Emelia
Bought by
Bank Of America N A

Purchase Details

Closed on
Dec 4, 2001
Sold by
Martinez Delma and Martinez Oscar
Bought by
Martinez Reynaldo

Purchase Details

Closed on
Jun 15, 1995
Sold by
Nolasco Emelia
Bought by
Nolasco Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,546
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 1995
Sold by
Bank Of America Nt & Sa
Bought by
Nolasco Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,546
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 1995
Sold by
Cordova Sebastian A
Bought by
Security Pacific National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,546
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1994
Sold by
Town & Country Title Services Inc
Bought by
Security Pacific National Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kasten Christopher M $440,000 Fidelity National Title
1940-1942 South Bronson Avenue Los Angel $291,502 Fidelity National Title Co
Bank Of America N A $414,375 Landsafe Title
Martinez Reynaldo -- --
Nolasco Manuel -- Southern California Title Co
Nolasco Manuel $152,000 Southern California Title Co
Security Pacific National Bank $222,811 Southern California Title Co
Security Pacific National Bank $194,722 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasten Christopher M $352,000
Previous Owner Nolasco Manuel $147,546
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2012 09/12/12 Sold $440,000 0.0% $152 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $440,000 -- $152 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $6,726 $541,817 $369,423 $172,394
2024 $6,726 $531,194 $362,180 $169,014
2023 $6,603 $520,779 $355,079 $165,700
2022 $6,308 $510,568 $348,117 $162,451
2021 $6,214 $500,558 $341,292 $159,266
2019 $6,032 $485,713 $331,170 $154,543
2018 $5,926 $476,190 $324,677 $151,513
2016 $5,643 $457,701 $312,070 $145,631
2015 $5,562 $450,827 $307,383 $143,444
2014 $5,591 $441,997 $301,362 $140,635
Source: Public Records

Agents Affiliated with this Home

  • Alexis Kim

    Seller's Agent in 2012

    Alexis Kim

    Keller Williams Larchmont

    (213) 200-5882

    1 in this area

    62 Total Sales

    Alexis Kim
    Section Image
  • Kurt Wisner

    Buyer's Agent in 2012

    Kurt Wisner

    Compass

    (323) 841-3839

    384 Total Sales

    Kurt Wisner
    Section Image
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Map

Source: The MLS

MLS Number: 12-612267

The MLS

APN: 5060-009-003

California Los Angeles County Los Angeles 90018 Arlington Heights

1940 S Bronson Ave, Los Angeles, CA

Not Listed for Sale

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