1707 S Bonnie Brae Street

Los Angeles, CA 90006

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,354 Sqft
  • 6383
    Sqft(Lot)
$1,529,000

Description

First time on the mls in over 21 years! highest in place cap rate in town and a beautiful building. 1707 s bonnie brae is a large 5-unit apartment building comprised of (4) 3-bed/1-bath units and a detached house that operates as a 3-bed/1-bath. 6 on-site parking spaces. current in place 7.01% cap rate and 9.64 grm, with upside to a 8.45% cap and 8.19 grm. this asset is ideal for any investor to cash flow on this beautiful asset.

built in 1924, this unique property is a 4 unit apartment totaling 4,525 sq.ft, plus a large detached home of 1,829 sq.ft! priced at only $240.64/sq.ft! all units have major appliances, hardwood floors, in-unit washer/dryers. this property has sedona styled paving stones in motor

courtyard and walkways. drought tolerant landscaping with palm trees, juniper vines and white rose garden. this property exudes character and is always rented with students, families, and young professionals who love this place! 

1707 bonnie brae is located just minutes from usc, downtown la, gilbert lindsay park, exposition park, lucas museum, art's district, the reef, bmo stadium, la live and billions of dollars worth of development pouring into the neighborhood.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49341130

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1924
    • Building Area Total: 6,354

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1465
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6383

  • Listing Price Information

    • Original List Price: 1,529,000
    • Listing Contract Date: 2025-04-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5135010009

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Postal Code Plus 4: 5507
    • Directions: Off of Venice Blvd and S Hoover St
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 101
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/21/2025 @ 17:41

  • MLS: SB25079511
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,354 sqft, 6,383 sized lot, and 0 parking. are nearby neighborhoods.