830 North Bonnie Beach Place

Los Angeles, CA 90063

$800,000
Last Sold Price
6
Beds
4
Baths
3,168 Sq. Ft.
$253 / Sq. Ft.
3,168
Sq. Ft.
$253
per Sq. Ft.

Description

We are pleased to present this rare opportunity to purchase a newly constructed Duplex in an excellent, low supply submarket of Greater Los Angeles. The property features a Favorable Unit Mix of (2) Large 3 Bed/2 Bath Units with each spanning almost 1,600 Rentable SF. Despite the unparalleled size of each unit, the building's efficient footprint provides each tenant with their own Garage Parking Space. Most Importantly, due to its 2010 Construction, the building is not subject to A. B. 1482 and is...We are pleased to present this rare opportunity to purchase a newly constructed Duplex in an excellent, low supply submarket of Greater Los Angeles. The property features a Favorable Unit Mix of (2) Large 3 Bed/2 Bath Units with each spanning almost 1,600 Rentable SF. Despite the unparalleled size of each unit, the building's efficient footprint provides each tenant with their own Garage Parking Space. Most Importantly, due to its 2010 Construction, the building is not subject to A. B. 1482 and is thus not restricted when it comes to Rent Adjustments. Additionally, with the Record Low Interest Rates, this offering is poised for Excellent Income upon Acquisition, as well as substantial upside in the extended term. Moreover, this offering represents an Excellent Owner/User Opportunity as it is perfect for an investor looking to live in one unit and rent out the other in order to further offset their Debt Service. Centrally located near the 5, 10, 60, 101, and 710 Freeways, the building offers easy access to all areas of Los Angeles and the vast employment opportunities therein, and also falls within close proximity to both Cal State Los Angeles & East Los Angeles College. In addition, the property is located within 3 miles to the bustling development and employment hub of Downtown LA. Downtown is already responsible for nearly 500,000 jobs and, with new projects continuing to break ground, City Terrace will remain one of its greatest beneficiaries.
  1. Listed by Evelyn Baez Gonzalez • DRE #02103055 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Joshua Barut • DRE #01971720 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 830 North Bonnie Beach Place

View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3168

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Evelyn Baez Gonzalez, DRE #02103055; Lyon Stahl Investment Real Estate, Inc., Joshua Barut, DRE #01971720

Sold By HARVEST REALTY DEVELOPMENT, YUHAN YU, DRE #02112158

Add your commute
LISTING UPDATED: 04/09/2021 11:11 AM

Property Details for 830 North Bonnie Beach Place

StatusClosed
MLS #SB21031286
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2010
Lot Size0.13 AC / 5,821 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Evelyn Baez Gonzalez, DRE #02103055; Lyon Stahl Investment Real Estate, Inc., Joshua Barut, DRE #01971720

Sold By HARVEST REALTY DEVELOPMENT, YUHAN YU, DRE #02112158

Add your commute

Building Information for 830 North Bonnie Beach Place

Stories1Residences-Year Built2010Building Size-Lot Size0.13 AC / 5,821 SF

Payment Calculator

$5,293 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$927

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 830 North Bonnie Beach Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $52,800
  • Gross Scheduled Income: $52,800
  • Vacancy Allowance: 1584
  • Gross Operating Income: $51,216
  • Net Operating Income: $36,400
  • Gross Multiplier: 17.23
  • Cap Rate: 4.0
  • Current Financing: FHA, VA, Cal Vet Loan, Contract, Conventional, Fannie Mae, Freddie Mac, Government Loan
  • Financing: Cash
Expense Details
  • Operating Expense: $14,816
  • New Taxes Expense: $10,556
  • Insurance Expense: $1,140
  • Maintenance Expense: $1,320
  • Trash Expense: $0
  • Water Sewer Expense: $1,800
  • Total Expenses: $14,816
Tax / Assessment Info
  • Tax Tract Number: 6445
  • Tax Census Tract: 5309.02
  • Tax Lot: 5
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher
  • Equipment: Dishwasher, Gas Dryer Hookup, Inside
  • Room Type: Attic
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside
  • Fireplace Features: Bath
  • Fireplace Rooms: Bath
  • Cooling: Central Air, Gas
  • Heating: Central
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Foundation Details: Raised
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Direction Faces: East
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 3195
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 3195
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Carpet: 2

Property History for 830 North Bonnie Beach Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 830 North Bonnie Beach Place

Taxable ValueLand$468,180Additions$364,140Total$832,320
Tax Record2023$11,122 ($927 / month)
Home Facts
Total Finished SqFt3,168 SqFtAbove Grade Finished SqFt3,168 SqFtStories1Lot Size5,821 SqFtStyleDuplexYear Built2010ZoningLCR2*CountyLOS ANGELESAPN5227-027-009

Schools near 830 North Bonnie Beach Place

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

Animo Ellen Ochoa Charter Middle
Charter6 to 8

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 Lyon Stahl Investment Real Estate, Inc., Evelyn Baez Gonzalez, DRE #02103055; Lyon Stahl Investment Real Estate, Inc., Joshua Barut, DRE #01971720

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.