1617 S Bonnie Brae St, Los Angeles, CA 90006
- $950,000
- 4
- BD
- 4
- BA
- 4,222
- SqFt
- List Price
- $950,000
- MLS#
- 26644045
- Year Built
- 1912
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 4,222
- Lot Size
- 6,379
- Lot Location
- City
- Days on Market
- 184
- Property Type
- Multifamily
- Style
- Craftsman
- Stories
- 2
Property Description
Located within a small, privately held residential compound, 1617 S Bonnie Brae St presents an opportunity to acquire a four-unit, two-story multifamily property in a central Los Angeles location. Built in 1912, the property consists of four (4) very large 1BR/1BA units totaling approximately 4,222 square feet on a 6,377 square foot lot. The building is separately metered for electricity, with the landlord responsible for water only. Zoned RD1.5-1 and located within a Historic Preservation Overlay Zone (HPOZ) and TOC Tier 3, the property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). The property is currently tenant-occupied and generating approximately $5,300 in monthly gross rent, offering long-term rental upside for an investor willing to improve operations and address deferred maintenance. The property is part of a unique cluster of four contiguous parcels under common ownership, which may be purchased individually or together as a portfolio. All four parcels can be purchased together for $2,950,000. Buyer to independently verify square footage, unit mix, zoning, rent control applicability, permits, and all development or redevelopment potential. Ideally situated near DTLA, Koreatown, USC, and major transportation corridors. Note: interior photos were limited for privacy reasons as the property is occupied.
Additional Information
- Lot Description
- 2-4 Lots, Fenced Yard, Gated Community, Landscaped
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- Wall Unit(s)
- View
- City Lights, Tree Top, Skyline, Trees/Woods
- Number of Cars in Garage
- Driveway, Driveway - Concrete, Uncovered, Driveway Gate
Mortgage Calculator
Courtesy of Saxum West, Joseph Bolognese - CA DRE#01966025
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