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1438 S Bronson Avenue, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath

1438 S Bronson Avenue, Los Angeles, California 90019 home-pic-0
ACTIVE$1,080,000
1438 S Bronson Avenue, Los Angeles, California 90019
0Bed
0Bath
2,889Sqft
6,243Lot
Year Built
1926
Close
-
List price
$1.08M
Original List price
$1.18M
Price/Sqft
$374
HOA
-
Days on market
-
Sold On
-
MLS number
RS25104719
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.08M(31th), sqft - 2889(46th), beds - undefined(50th), baths - undefined(50th).

Price Reduced by $100,000!! Motivated Seller – Retiring! Submit Any Reasonable Offer! Don’t miss this excellent investment opportunity in the heart of Mid Los Angeles! This well-maintained 4-unit multifamily property is located in one of the most desirable and high-demand rental areas of Los Angeles — perfect for both investors and owner-users. Each unit has 1 bed, 1 bath, living room, dining area and kitchen. Each unit is separately metered for utilities and includes one private garage space with a garage door located at the rear of the property. All units are tenant-occupied with long-term tenants providing stable rental income. Three units are month-to-month, offering flexibility for future rent adjustments, while one unit has a lease through May 2026. Recent rent increases further boost income potential. Property to be sold in as-is condition. Drive-by only – please do not disturb tenants. Interior inspection available with an accepted offer. This is a rare opportunity to own a solid income-producing property in prime Mid Los Angeles with strong appreciation potential.

Nearby schools

3/10
Arlington Heights Elementary School
Public,•K-5•0.3mi
7/10
Queen Anne Place Elementary School
Public,•K-5•0.5mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•0.6mi
3/10
Wilton Place Elementary School
Public,•K-5•1.2mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.2mi
3/10
Los Angeles Elementary School
Public,•K-5•1.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•0.2mi
5/10
Pio Pico Middle School
Public,•6-8•0.5mi
7/10
John Burroughs Middle School
Public,•6-8•1.4mi
4/10
Los Angeles Senior High School
Public,•9-12•0.9mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.9mi
4/10
West Adams Preparatory High School
Public,•9-12•2.1mi

Price History

Date
Event
Price
10/28/25
Price Change
$1,080,000-1.8%
09/04/25
Price Change
$1,100,000-5.2%
08/07/25
Price Change
$1,160,000
05/11/25
Listing
$1,180,000
09/19/12
Sold
$500,000
07/29/10
Sold
$385,000
06/22/05
Sold
$635,000
Condition Rating
Fair
Built in 1926, this property is aged. While the description states 'well-maintained' and visible images show updated laminate flooring and fresh paint, other elements like the basic, dated light fixtures, wall-mounted gas heater, and the functional but very basic and dated bathroom vanity and tub/shower combo indicate that major systems and aesthetics are outdated. The 'as-is' sale condition and lack of kitchen images suggest that while livable and tenant-occupied, the property requires significant updates to meet modern standards and likely has major components nearing the end of their expected lifespan.
Pros & Cons

Pros

Prime Location & Rental Demand: Situated in the heart of Mid Los Angeles, a highly desirable area with strong rental demand and appreciation potential for investors and owner-users.
Stable Income & Occupancy: A fully tenant-occupied quadruplex with long-term tenants, ensuring stable rental income from day one.
Motivated Seller & Price Adjustment: A recent $100,000 price reduction and a motivated seller present a significant opportunity for negotiation and a potentially favorable acquisition.
Operational Efficiency & Rent Flexibility: Separately metered utilities minimize owner costs, and month-to-month leases on three units offer flexibility for future rent increases.
Dedicated Parking: Each unit benefits from a private garage space, a valuable and sought-after amenity in the Los Angeles market.

Cons

As-Is Condition & Restricted Access: The property is sold in 'as-is' condition, with interior inspections only permitted after an accepted offer, posing challenges for thorough pre-purchase due diligence.
Fixed Lease Term on One Unit: One of the four units has a lease extending through May 2026, which limits immediate rent adjustments or owner-user flexibility for that specific unit.
Property Age: Built in 1926, the property's age may necessitate higher maintenance expenditures or future capital improvements, despite being described as well-maintained.

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