PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale an 18-unit apartment community located at 626 South Bonnie Brae Street. The subject property is situated in the middle of Westlake, which borders three thriving markets Koreatown,… Read More Downtown, and University Park. Consisting of one, three-story building on a 7,500 square foot parcel, the subject property features 12 singles and six one-bedroom units. Current ownership has renovated 6 of the 18 units featuring renovated bathrooms, new flooring throughout, new appliances, and new kitchen, bathroom cabinets. The property features eight on-site parking spaces. The remaining value-add potential for a new owner to continue renovating units and streamlining expenses to achieve superior future returns make 626 South Bonnie Brae Street an excellent acquisition opportunity. Read Less
Property listed by Marcus & Millichap, Sean Rosenzweig 310-909-5500
Listing Snapshot
Days Online
88
Last Updated
Property Type
Other
Beds
6
Square Ft.
11,145
Lot Size
0.17 Acres
Year Built
1918
MLS Number
25501605
30 Days Snapshot Of 90057
$355k
-17%
(avg) sold price
1
-66%
home sold
86
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1918, Building area total: 11,145, Levels: MultiSplit, Living area: 11145, 1 building
Income
Gross income: $277,955, Net operating income: $126,108
Lot
0.1722 acres, 7,501 square feet, Size: 7,501
Parking
8 totals parking, None
Property
Zoning: LAC1
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.