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    220 S Bonnie Brae Street

    Los Angeles, CA 90057
    • $1,524,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: SR20104738
    Price Reduced
    UPDATED: 50 min ago
    $1,524,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,353
      SQFT
    • $240
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    BONNIE BRAE APARTMENTS and REDEVELOPMENT OPPORTUNITY. Bonnie Brae Apartments is a 6,353 sf 6 unit apartment building located in the gentrifying Westlake North neighborhood of Los Angeles. The property was built in 1948 and sits on a 8,287.5 SF Lot Zoned R4-1. The property positions itself to offer an investor a value add (approx. 53% upside) 6 unit apartment building with a low cost per square foot basis and future redevelopment opportunity due to lot and zoning, at $46k/buildable door. This well located property has great street visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101/110 FWY and DTLA add an additional touch of convenience.

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    Based on information from CRISNet MLS as of 2020-07-02T10:56:13.153. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR 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. 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.

    Based on information from the i-Tech MLS as of 2020-07-02T10:56:13.153. 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.
    www.randyplaice.com/homes/106428117
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    220 S Bonnie Brae Street Los Angeles, CA 90057

    • Price: $1,524,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: SR20104738
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    6,353
    SQFT
    $240
    $/SQFT
    1948
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    BONNIE BRAE APARTMENTS and REDEVELOPMENT OPPORTUNITY. Bonnie Brae Apartments is a 6,353 sf 6 unit apartment building located in the gentrifying Westlake North neighborhood of Los Angeles. The property was built in 1948 and sits on a 8,287.5 SF Lot Zoned R4-1. The property positions itself to offer an investor a value add (approx. 53% upside) 6 unit apartment building with a low cost per square foot basis and future redevelopment opportunity due to lot and zoning, at $46k/buildable door. This well located property has great street visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101/110 FWY and DTLA add an additional touch of convenience.
    Exterior Features

    Lot Features Paved Lot Size Area 8286.0000 Parking Total 9.00

    Interior Features

    Common Walls 1 Common Wall Laundry Features Individual Room Laundry YN Yes

    Property Features

    Additional Parcels YN No Community Features Curbs Electric Expense 0.00 Fuel Expense 0.00 Gross Income 88772.00 Gross Scheduled Income 88772.00 Insurance Expense 0.00 Land Lease YN No Net Operating Income 49764.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 37509.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 37509.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lar4

    Listing provided courtesy of Jared Levine, CA DRE# , of Keller Williams Realty Calabasas.


    Based on information from CRISNet MLS as of 2020-07-02T10:56:13.153. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR 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. 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.

    Based on information from the i-Tech MLS as of 2020-07-02T10:56:13.153. 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.
     
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    27720 Dickason Drive
    Valencia CA, 91355