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626 S Bonnie Brae Street

Los Angeles (City), CA 90057
  • $2,400,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: 25501605
UPDATED: 11 min ago
$2,400,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,145
    SQFT
  • $215
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Ratings & Info

Listing Agent(s): Sean Rosenzweig of Marcus & Millichap (310-909-5500)


Description

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, 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160751442
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626 S Bonnie Brae Street Los Angeles (City), CA 90057

  • Price: $2,400,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 11 min ago
  • ID#: 25501605
6
Beds
0
Baths
0
½ Baths
0.17
Acres
11,145
SQFT
$215
$/SQFT
1918
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
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, 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.
Exterior Features

Parking Features None Parking Total 8

Property Features

Association YN No Cap Rate 5.25 Gross Income 277955 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 126108 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning LAC1



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Sean Rosenzweig of Marcus & Millichap (310-909-5500)