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1419 Bonnie Brae Street

Los Angeles, CA 90006

$850,000 Sale Price
Est. Payment: $ 0/mo
5
Bed
0
Bath
4,218 Sq. Ft.
$231 / Sq. Ft.
Sold

1419 Bonnie Brae Street

Los Angeles, CA 90006

Sold
$850,000 Sale Price
$0/mo
5
Bed
0
Bath
4,218
Sq. Ft.
We are pleased to present a four (4) unit apartment building located at 1419 S Bonnie Brae Street in Los Angeles, California. The subject property is situated in a strong Pico Union location, north of Venice Boulevard and east of Hoover Street. Built in 1922, this property contains a great unit mix of three (3) one-bedroom / one-bathroom units and one (1) two-bedroom / one-bathroom unit that will be delivered vacant. The building boasts charming, craftsman style architecture. Each unit is spacious and bright with tons of built-in storage and plenty of windows letting in natural light. Select units feature private balcony space. The property has fully parked on-site parking along with four (4) garages spaces in the back that are 100% vacant and ready to rent for immediate income or convert in multiple ADU unit(s). Tenants will enjoy being within short driving distance to all major destinations in Los Angeles. Downtown is less than three (3) miles away and Koreatown is less than two (2) miles away, making this property a young professional's dream. Situated in a strong Pico Union location, this offering presents an excellent opportunity for any investor capitalize on a highly leveraged 30-year fixed residential loan with a possible owner-user play while collecting immediate upside by either renting out the vacant garage spaces or converting them into multiple ADU(s).
PROPERTY INFORMATION
MLS # 23262483 Lot Size 6,367 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 975,000
Price Per SqFt: $ 231
DOM 744 Days
Address 1419 Bonnie Brae Street Type Residential Income
City Los Angeles Sq.Ft. 4,218 Sq. Ft.
Postal Code 90006 Garage 4
County Los Angeles Year Built 1922
Bed / Bath 5 / 0 Parking 4
Built In 1922 Status Closed
Sold Date 2023-06-09
INTERIOR FEATURES
Has Fireplace Yes
Fireplace Information Decorative
Has Heating Yes
Heating Information Wall Furnace
Flooring Information Wood
Has Spa No
SpaDescription None
SecuritySafety Automatic Gate, Gated Community
EXTERIOR FEATURES
Has Pool No
Pool None
Has Patio Yes
Patio Covered
WALKSCORE
  Walk Score: 89 (Very Walkable)
  Transit Score: 74 (Excellent Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,040
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/09/2023 Active Under Contract $975,000
04/20/2023 Listed $975,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

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Listing provided courtesy of Jason Tuvia, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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