2101 Bonsallo Avenue

Los Angeles, CA 90007

$1,625,000
Last Sold Price
12
Beds
6
Baths
8,718 Sq. Ft.
$186 / Sq. Ft.
8,718
Sq. Ft.
$186
per Sq. Ft.

Description

2101 Bonsallo Ave is a 6 unit brick building built in 1909. All units are spacious and filled with Craftsman elements. Each unit has two bedrooms and one bathroom, plus individual laundry rooms, averaging 1,453 square feet per unit. The property is 8,718 square feet on a 8,847square foot lot. A prime value-add or student housing opportunity with rents approximately 41% under market. The property has a basement that could be turned into storage lockers for each unit generating additional revenue along...2101 Bonsallo Ave is a 6 unit brick building built in 1909. All units are spacious and filled with Craftsman elements. Each unit has two bedrooms and one bathroom, plus individual laundry rooms, averaging 1,453 square feet per unit. The property is 8,718 square feet on a 8,847square foot lot. A prime value-add or student housing opportunity with rents approximately 41% under market. The property has a basement that could be turned into storage lockers for each unit generating additional revenue along with 1 tandem parking space that could be assigned to a unit for an additional monthly charge. Every unit has hardwood floors, beamed ceilings (with beam lights), plate rails, built-in china cabinets (with leaded art glass), picture rails, and built-in book cases. The upstairs units have balconies. From the Bonsallo side there is a spectacular view of the downtown skyline. 4 of the units are equipped with in-unit washer and dryers. The property is located in the desirable North University Park, providing easy access to a wide range of entertainment options and amenities. Having a walk score of 80, USC campus is just over a mile away and many stores for errands are just short breaths away. Downtown Los Angeles and Mid City are just short car rides as well, having easy access from close by freeway entrances. In addition, the property is located in the USC patrol zone. 3 Units to be delivered vacant (2 Units are currently vacant and 1 will be vacant by 7/1/2023). All offers to be written on a CAR (Residential Income Property Purchase Agreement) RIPA form.

Listing Agents

  1. John Swartz

    John Swartz

    Listing Agent

    Compass

    DRE #01873487

  2. Natalie Neith

    Natalie Neith

    Alternative Listing Agent

    Compass

    DRE #01045639

Property Details for 2101 Bonsallo Avenue

Zoning
LARD1.5
Parcel Number
5124031017
Total Units
6.0
Living Area
8718
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
8847

Location

Listing Courtesy of Compass, John Swartz, DRE #01873487; Compass, Natalie Neith, DRE #01045639

Sold By Non-Participant Office, Subscriber Non, DRE #13252

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LISTING UPDATED: 09/12/2023 11:12 AM

Property Details for 2101 Bonsallo Avenue

StatusSold
MLS #23-248483
Days on Market175
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1909
Lot Size0.20 AC / 8,847 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, John Swartz, DRE #01873487; Compass, Natalie Neith, DRE #01045639

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute

Virtual Tour

Building Information for 2101 Bonsallo Avenue

Stories2Residences-Year Built1909Building Size-Lot Size0.20 AC / 8,847 SF

Payment Calculator

$9,913 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,868

Property Taxes

$1,045

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2101 Bonsallo Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • Security Features: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $154,020
  • Net Operating Income: $112,630.00
  • Gross Income: $154,020
  • Cap Rate: 6.64%
  • Gross Rent Multiplier: $11.16
  • Total Annual Expense: 41390
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2031
  • Lot Size Square Feet: 8847
  • Lot Size Dimensions: 71x128
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 1
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: Built-Ins, Dryer, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-07-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,110.00
  • Unit Actual Rent: $12,660.00
  • Unit Projected Rent: $17,850.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $124,778.00
  • Assessed Improvement Percent: 13.67
  • Assessed Land Value: $788,104.00
  • Assessed Land Percent: 86.33
  • Assessed Total Value: $912,882.00

Property History for 2101 Bonsallo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2101 Bonsallo Avenue

Taxable ValueLand$803,866Additions$127,273Total$931,139
Tax Record2023$12,538 ($1,045 / month)
Home Facts
Total Finished SqFt8,718 SqFtAbove Grade Finished SqFt8,718 SqFtLot Size8,847 SqFtStyleMulti-Family Res (5+ Units)ZoningLARD1.5CountyLOS ANGELESAPN5124-031-017

Schools near 2101 Bonsallo Avenue

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 - 6 to 12
Rating
School
Distance
Norwood Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

New Designs Charter School
Charter6 to 12

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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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 Compass, John Swartz, DRE #01873487; Compass, Natalie Neith, DRE #01045639

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.