942 S Bronson Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 4 bed, 4 bath
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Los Angeles, California 90019
This Turnkey Income-Producing Residence is a Prime Investment Opportunity listed at $1,920,000—positioned well below the $1,983,699 Fair Market Value by 3%. This valuation gap offers $63,699 in Instant Equity. Currently a high-performing Airbnb generating $9,000–$10,000 monthly gross income, the property features a Permitted ADU, updated HVAC, and a Condition Score of 3. Located on a generous 6,851 sqft lot in Hancock Park-Wilshire, it balances historic charm with modern utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, cash-flowing home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 942 S Bronson Avenue Subject | $1,920,000* List Price | 4 | 4 | 2,664 | $745 | - |
A 1027 S Lucerne Boulevard Sold | $1,870,000 | 4 | 5 | 2,508 | $746 | 0.4 mi |
B 1160 Lucerne Boulevard Sold | $2,100,000 | 4 | 4 | 2,403 | $874 | 0.5 mi |
C 928 S Tremaine Avenue Sold | $2,125,000 | 3 | 3 | 2,654 | $801 | 0.9 mi |
D 907 Westchester Place Sold | $1,850,000 | 4 | 4 | 3,456 | $535 | 0.3 mi |
E 1009 S Rimpau Active | $1,899,999 List Price | 4 | 4 | 2,825 | $673 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained 1922 build that has been updated for turnkey use as a short-term rental. It features a modern kitchen with stainless steel appliances and shaker-style cabinetry, updated wood-look flooring in common areas, and the addition of modern mini-split HVAC systems. While some vintage elements like the classic green bathroom tiling remain, the overall condition is move-in ready with significant functional upgrades including a permitted ADU.
The property is a high-performing turnkey Airbnb generating $9,000 to $10,000 in monthly gross income with established guest ratings and operational systems.
The inclusion of a permitted Accessory Dwelling Unit (ADU) provides significant value, offering flexibility for additional rental revenue or multi-generational living.
Situated in the desirable Hancock Park-Wilshire area, the property features a generous 6,851 sqft lot with spacious front and rear yards, a rarity in dense urban Los Angeles.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2664, other record living area = 2089. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property's primary value is tied to short-term rentals, which are subject to strict and evolving City of Los Angeles ordinances that could impact future profitability.
Built in 1922, the home may possess aging core systems that require more frequent maintenance or costly upgrades compared to modern constructions.
Exceptional turnkey investment opportunity located in a prime Los Angeles location, generating strong and consistent income.Currently operating as a successful Airbnb, the property produces approximately $9,000 to $10,000 per month in gross income with an established track record and high guest ratings. The home has been well maintained and is fully set up for continued short-term rental operation, including existing systems, furnishings, and operational infrastructure.The property features a permitted ADU, offering additional flexibility for rental income, guest use, or extended living. Plans and permit documentation are available.A detached garage is currently being used as storage and offers potential as a recreation or flexible-use space (buyer to verify permits and usage).The property also includes spacious front and rear yards, providing excellent outdoor space and additional usability.Ideal for investors seeking immediate cash flow with minimal setup, or owner-users looking for a flexible income-producing residence.For detailed Airbnb performance data and financial information, please contact listing agent.Buyer to verify all short-term rental regulations, permits, and usage with the City of Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 4.0 | 2.0 | 75% |
| Square foot | 2,664 | 1,742 | 87% |
| Lot Size | 6,851 | 6,304 | 66% |
| Price | $1.92M | $1.33M | 79% |
| Price per sq ft | $721 | $764 | 34% |
| Built year | 1922 | 1926 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 187 | 2% |
Apr 4, 2026
$1,920,000
Initial Listing
Dec 27, 2019
$1,160,000
Public Record
Aug 12, 2005
$880,000
Public Record
Jan 22, 2002
$433,000
Public Record