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1832 S Bonnie Brae St
Los Angeles, CA 90006 Pico-Union

$895,000 USD

Multifamily For Sale • 3,968 SF

Property Details

Property Type Multifamily
Total Building Size 3,968 SF
Lot Size 0.14 AC
Year Built 1910
Cap Rate 4.33 %

69 Transit Score

92 Walk Score

                
                    Highlights
                
                                Fourplex Located Approximately 1 Mile from USC and a Half-Mile from Los Angeles Convention Center, Crypto.com Arena & L.A. Live
                            
                                Residential Asset - Outstanding Owner-User Opportunity | 4.33% Current Cap Rate & 12.80 Current GRM | 8.27% Pro-Forma Cap Rate & 8.43 Pro-Forma GRM
                            
                                Large 6,250-SF Lot | Desirable Opportunity to Add ADUs at Rear Parking Area | Total of 8 Parking Spaces
                            
                                Each Unit Contains Individual Hot Water Heaters | Qualifies for Attractive Residential Financing | Close Proximity to Expo Park/USC Transit Line
                            
                                New Hot Water Heater Connections, New Plumbing, New Exterior Lights, New Gate and Upgraded Electrical Subpanels (2011)
                            
                                Located Near USC Village, Arts District, Downtown Los Angeles, Koreatown, Grammy Museum, Peacock Theatre Exposition Park & Lucas Museum of Arts

Financial Summary (Actual)

Net Operating Income: $38,760 USD (2025)

Cap Rate:	4.33 %
Total Expenses:	$29,041 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	9 min	-	4.1 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	-	4.2 mi
Transit/Subway	Drive	Walk	Distance
Grand Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	23 min	-	12.9 mi
Bob Hope	28 min	-	14.5 mi
Long Beach (Daugherty Field)	30 min	-	21.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate

1832 S Bonnie Brae St Los Angeles, CA 90006 Pico-Union