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1701 S Bonnie Brae St
Los Angeles, CA 90006 Pico-Union

$1,625,000 USD

Apartments For Sale  •  5,037 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,037 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1902
  • Zoning LARD1.5
71 Transit Score
92 Walk Score

Highlights

Immediate Income & Stable Occupancy – Property operates at 10.64 GRM and 6.51% Cap Rate with 100% occupancy, delivering turnkey cash flow from day one
Substantial Value-Add Potential – Approximate 29% rental upside provides clear path to stabilization at 8.25 GRM and 8.87% Cap rate upon lease renewal
Renovated Interiors – Modern upgrades throughout including luxury vinyl plank flooring, updated kitchens, remodeled bathrooms, ceiling fans, fresh pai
Desirable Unit Mix – (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, (2) 2-Bed/2-Bath units with pet-friendly appeal, air conditioning, included refrigerators

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
9 min - 3.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 3.9 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 13.1 mi
Bob Hope 28 min - 14.2 mi
Long Beach (Daugherty Field) 31 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: OneCarGarage
Included in Rent: No
Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate
Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate