830 S Bonnie Brae St, Los Angeles, CA 90057

830 S Bonnie Brae St, Los Angeles, CA 90057

Los Angeles, CA
$2,600,000

Property Description

• 1st Time to be sold in over 37 Years!
• Excellent Unit Mix offering all Studios and 1 Bedroom / 1 Bathroom Units
•Amenities Include: On Site Laundry and Parking for Tenants – 20 parking Spaces (1:1) Ratio
• New Electrical Main Panel Has been paid for – Waiting for parts to come in and be installed
• Spacious Units Averaging Approx. 556 SF Each
•Approximately Over 47% Rental Upside!
• Select Units Offer Private Balcony/Patio Space
• Controlled Access Entry
• Potential ADU Opportunities via SB 1211
• Seperatley Metered for Gas/Electric
• Large 15,001 SF Lot Zoned LAR3
•Probate Sale – Court Confirmation Not Required

Property Features

  • Sale Price: $2,600,000
  • Area Size: 11,125 sqft
  • Year Built: 1962
  • Closing Date: 3/20/2025
  • Units: 20
  • Current GRM: 9.07
  • Current Cap Rate: 5.06%
  • Price Per Unit: $142,500

Lyon Stahl Investment Real Estate

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