1707 S Bonnie Brae Street, Los Angeles, CA 90006 - Berkshire Hathaway HomeServices California Properties
1707 S Bonnie Brae Street Los Angeles, CA 90006
$1,529,000 0 beds, 0 baths
0 sqft

Agent Remarks

BROKERS OPEN - MAY 2nd from 10AM to 12PM! 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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active Under Contract
MLS# SB25079511
List price is $1,529,000
Beds: 0
Baths: 0
Built in 1924
2 stories
0.15 acres
Lot size: 0.1465
County: Los Angeles
Zoning: LARD1.5
Lot description: ZeroToOneUnitAcre
MLS area: 699 - Not Defined

Last Updated: 6/12/2025

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 34.041908, -118.282845.
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Listing Agent: Cameron Samimi
Lic#: 01234982
Office Name: Mission Viejo

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