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1504 S Bronson Ave, Los Angeles, CA 90019

List Price: $1,495,000On Market FlagOn market
Apr 7, 20254,380 sqft6 beds4 baths
Listed by: Nima Tehrany
License #: 01305628
Phone #: 310-617-6462
Compass
Source:
CRMLS Logo
MLS #: 25521311

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,529

TurboHome Estimated Value

$1,431,800

$327 sqft

High Valuation
$1,503,390
$343/sqft
Normal Valuation
$1,431,800
$327/sqft
Low Valuation
$1,360,210
$311/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$327/sqft$1,431,800

Neighborhood: Mid City

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Comparative Value

$1.06M

$1.15M

$1.50M

$1.57M

$1.72M

$1.90M

1501 5th Ave, Los Angeles, CA 90019

Sale Price: $1,065,000

Selected Comparable

1089 S Orange Dr, Los Angeles, CA 90019

Sale Price: $1,150,000

Selected Comparable

1504 S Bronson Ave, Los Angeles, CA 90019

List Price: $1,495,000

Subject Property

2271 W 23rd St, Los Angeles, CA 90018

Sale Price: $1,570,000

Selected Comparable

1122 S Tremaine Ave, Los Angeles, CA 90019

Sale Price: $1,715,000

Selected Comparable

1201 3rd Ave, Los Angeles, CA 90019

Sale Price: $1,900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1504 S Bronson Ave, Los Angeles, CA 90019

1504 S Bronson Ave, Los Angeles, CA 90019

List: $1,495,000

Listed: 4/7/2025

Area:4,380 sqft
Price/sqft:$341
Beds:6
Baths:4
Year Built:
Lot Size:5,821

Comparable Properties

COMPARABLE
Choose comps
1122 S Tremaine Ave, Los Angeles, CA 90019

1122 S Tremaine Ave, Los Angeles, CA 90019

Sale: $1,715,000

7/10/20250.93 mi

Area:4,232 sqft
Price/sqft:$405
Beds:6
Baths:4
Year Built:
Weight:24.1%
1201 3rd Ave, Los Angeles, CA 90019

1201 3rd Ave, Los Angeles, CA 90019

Sale: $1,900,000

6/6/20250.55 mi

Area:4,745 sqft
Price/sqft:$400
Beds:6
Baths:5
Year Built:
Weight:20.8%
1089 S Orange Dr, Los Angeles, CA 90019

1089 S Orange Dr, Los Angeles, CA 90019

Sale: $1,150,000

11/14/20241.23 mi

Area:3,696 sqft
Price/sqft:$311
Beds:6
Baths:4
Year Built:
Weight:19.3%
1501 5th Ave, Los Angeles, CA 90019

1501 5th Ave, Los Angeles, CA 90019

Sale: $1,065,000

5/23/20250.23 mi

Area:3,558 sqft
Price/sqft:$299
Beds:5
Baths:4
Year Built:
Weight:18.0%
2271 W 23rd St, Los Angeles, CA 90018

2271 W 23rd St, Los Angeles, CA 90018

Sale: $1,570,000

11/4/20240.94 mi

Area:4,300 sqft
Price/sqft:$365
Beds:5
Baths:4
Year Built:
Weight:17.8%

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