Property listed by Marcus & Millichap, Sean Rosenzweig 310-909-5500
746 S Bonnie Brae Street
Los Angeles, CA 90057
Beds
8
Baths
12
Square Ft.
8,506
$1,500,000
As the exclusive listing agent, I'm pleased to offer for sale a 12-unit apartment community located at 746 South Bonnie Brae Street. The subject property is located south of Wilshire Boulevard and east of Alvarado Street. The building is in close proximity to an array of shopping, along with a… Read More slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Downtown Los Angeles. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 7,511 square foot parcel, the property is comprised of four studio units and eight one-bedroom units. The property has 42% remaining rental upside through unit renovations. 746 South Bonnie Brae Street offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 746 South Bonnie Brae Street an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS Read Less
Listing Snapshot
Days Online
30
Last Updated
Beds
8
Square Ft.
8,506
Lot Size
0.17 Acres
Year Built
1906
MLS Number
25612223
Additional Details
Building
Built in 1906, Living area: 8506.0, 1 building, 2 stories, Levels: One
Income
Gross Income: $169,512, Net Operating Income: $80,735
Lot
0.1724 acres, Dimensions: 50x150
Parking
Uncovered
Taxes
Parcel Number: 5142006008, Zoning: LAR4
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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