$ 950,000
-
$950,000
Price -
4
Bed -
4
Bath -
4,222
SqFt
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About the Listing X83679 - C143576
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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating: Wall
- Fireplaces:
- Floor: Carpet,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Shower Over Tub
- Water:
Exterior Details
- Lot Description: 2-4 Lots,Fenced Yard,Gated Community,Landscaped
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: LARD1.5
- Roof: Shingle
- Others:
- Sewer:
- Parking Features: Driveway,Driveway - Concrete,Uncovered,Driveway Gate
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1617 S Bonnie Brae St Los Angeles, CA 90006
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