1417 South Bonnie Brae Street

Los Angeles, CA 90006

$2,000,000
Price
8
Beds
8
Baths
7,438 Sq. Ft.
$269 / Sq. Ft.
7,438
Sq. Ft.
$269
per Sq. Ft.

Description

Exceptional investment opportunity! This 8-unit apartment complex is now available for sale, offering a prime location just minutes from Downtown Los Angeles (DTLA). Situated in a vibrant neighborhood known for its lively nightlife, proximity to freeways, and abundant shopping and dining options, this property is a standout choice for investors seeking to capitalize on the city's bustling urban scene. With its strategic location and strong rental demand, this property promises both immediate and...Exceptional investment opportunity! This 8-unit apartment complex is now available for sale, offering a prime location just minutes from Downtown Los Angeles (DTLA). Situated in a vibrant neighborhood known for its lively nightlife, proximity to freeways, and abundant shopping and dining options, this property is a standout choice for investors seeking to capitalize on the city's bustling urban scene. With its strategic location and strong rental demand, this property promises both immediate and long-term returns. Don't miss this chance to own a piece of LA's dynamic real estate market!
  1. Listed by Shiva Mehrdad • DRE #01279649 • Brokerage DRE #01268376 • Power Brokers

Property Details for 1417 South Bonnie Brae Street

Zoning
LARD1.5
Parcel Number
5135007015
Total Units
8.0
Living Area
7438
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
6368

Location

Listing Courtesy of Power Brokers, Shiva Mehrdad, DRE #01279649
Add your commute
LISTING UPDATED: 04/25/2024 12:01 AM

Property Details for 1417 South Bonnie Brae Street

StatusActive
MLS #24-380937
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.15 AC / 6,368 SF
CountyLos Angeles County

Location

Listing Courtesy of Power Brokers, Shiva Mehrdad, DRE #01279649
Add your commute

Building Information for 1417 South Bonnie Brae Street

Stories-Residences-Year Built1910Building Size-Lot Size0.15 AC / 6,368 SF

Payment Calculator

$12,857 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$1,942

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1417 South Bonnie Brae Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: RENTAL UNITS
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is, Listing Broker Advantage
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $13,070
  • Net Operating Income: $110,429.00
  • Gross Income: $13,070
  • Gross Rent Multiplier: $12.75
  • Owner Pays: Water, Other
  • Total Annual Expense: 46410
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1462
  • Lot Size Square Feet: 6368
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-17-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,511.00
  • Unit Actual Rent: $1,511.00
  • Unit Projected Rent: $1,768.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,110.00
  • Unit Actual Rent: $3,110.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,442.00
  • Unit Actual Rent: $1,442.00
  • Unit Projected Rent: $1,768.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $890.00
  • Unit Actual Rent: $890.00
  • Unit Projected Rent: $1,768.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $910.00
  • Unit Actual Rent: $910.00
  • Unit Projected Rent: $1,768.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $919.00
  • Unit Actual Rent: $919.00
  • Unit Projected Rent: $1,768.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,519.00
  • Unit Actual Rent: $2,519.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,768.00
  • Unit Actual Rent: $1,768.00
  • Unit Projected Rent: $1,768.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $734,400.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $1,101,600.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $1,836,000.00

Property History for 1417 South Bonnie Brae Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1417 South Bonnie Brae Street

Taxable ValueLand$1,101,600Additions$735,680Total$1,837,280
Tax Record2023$23,302 ($1,942 / month)
Home Facts
Total Finished SqFt7,438 SqFtAbove Grade Finished SqFt7,438 SqFtLot Size6,368 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningLARD1.5CountyLOS ANGELESAPN5135-007-015

Schools near 1417 South Bonnie Brae Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

Equitas Academy Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1417 South Bonnie Brae Street is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on April 17, 2024 by Power Brokers, it's currently listed at $2,000,000. It has been on the market for a total of 16 days and was last sold on January 31, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Magnolia Avenue Elementary School, Berendo Middle School and West Adams Preparatory High School. 1417 South Bonnie Brae Street is a 8-bed, 8-bath, 7,438 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Power Brokers, Shiva Mehrdad, DRE #01279649

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.