316 N Bronson Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 2 bed, 1 bath
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316 N Bronson Avenue
Los Angeles, California 90004
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
1Baths
1,376Sq Ft
4,500Lot Size
Property Price
LIST PRICE$1,239,500
EST. MARKET VALUE
$1,267,367
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $819,000—positioned well below the $830,329 Fair Market Value by 1%. This valuation gap offers $11,329 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full rehabilitation, making it a prime Value-Add Asset. Located in the Larchmont area near top-rated schools like Third Street Elementary, this is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with significant long-term upside.
Estimated Market Value
$1,267,367
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 316 N Bronson Avenue Subject 2 bd · 1 ba · 1,376 sqft · $921 | $1,239,500* List Price | 2 | 1 | 1,376 | $921 | - |
A 547 N Irving Boulevard Sold 2 bd · 2 ba · 1,147 sqft · $1,024 · 0.3 mi | $1,175,000 | 2 | 2 | 1,147 | $1,024 | 0.3 mi |
B 585 N Irving Boulevard Sold 2 bd · 2 ba · 1,576 sqft · $984 · 0.3 mi | $1,550,000 | 2 | 2 | 1,576 | $984 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1922 with no evidence of modern renovations. The bathroom features original or mid-century tiling with significant wear and grime, and the exterior shows deferred maintenance. Marketed as an 'as-is' probate auction, the property requires a full rehabilitation of all systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Larchmont Location
Situated in the highly sought-after Larchmont/Hancock Park-Wilshire area, this property offers exceptional long-term value and proximity to upscale shopping and dining.
- Significant Value-Add Potential
As a 1920s character home priced competitively for the neighborhood, it presents a prime opportunity for investors or end-users to build equity through a custom renovation.
- Access to Top-Rated Schools
The property is zoned for highly-regarded public schools, including Third Street Elementary, which boasts an 8/10 rating, significantly enhancing its appeal to families.
CONSRISKS & DEFICIENCIES
- Onerous Purchase Terms
The probate auction requires a non-contingent commitment with no financing, appraisal, or inspection protections, limiting the buyer pool to those with significant liquid capital.
- Probate & Court Uncertainty
The requirement for court confirmation and the potential for overbidding introduces significant timing delays and the risk of losing the property to a higher bidder at the hearing.
About 316 N Bronson Avenue
Probate Sale! ALL CASH SALE! Estate of Hugo Segal. This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time is November 25th, 2026 at 8:30 AM in Dept 236 at 111 N Hill Street, Los Angeles CA 90012. In order to bid in court, no later than 1:00 PM one business day prior to the court date, the BUYER MUST DELIVER TO THE LISTING BROKER, ALL OF THE FOLLOWING: 1) Proof of Funds AND 2) a Cashier's Check for the amount of 10% of the listing price made payable to the ESTATE OF HUGO SEGAL. This 2 bed; 1 bath Single Family Home built in 1922 features +/-1,376 Sq Ft of living space, +/-4,500 Sq Ft lot, APN: 5522-026-007. The owner passed away on the Property. This property is located in the Larchmont Area. This is a great opportunity for someone who wants to make it their own. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 4,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Van Ness Avenue Elementary School
Grades K-5 • 0.3 mi
6/10
Third Street Elementary School
Grades K-5 • 1.1 mi
8/10
Joseph Le Conte Middle School
Grades 6-8 • 1.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,376 | 1,670.836 |
| Lot Size | 4,500 | 6,152.156 |
| Price | $1.24M | $1.34M |
| Price per sq ft | $901 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 46 | 56 |
Pricing History
Listed for Sale
Oct 13, 2026
$1,239,500
$795,000
+56% Price Increase
Initial Listing
Price Change
Oct 8, 2026
$795,000
$819,000
-3% Price Drop
Initial Listing
Price Change
Sep 24, 2026
$819,000
Initial Listing