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1978 Bonsallo Ave
Los Angeles, CA 90007 West Adams

$1,500,000 USD

Apartments For Sale • 3,456 SF

Property Details

Property Type Apartments
Total Building Size 3,456 SF
Lot Size 0.14 AC
Building Class C
Year Built 1923
Zoning LARD1.5

90 Transit Score

80 Walk Score

                
                    Highlights
                
                                USC-Adjacent Location: One mile from USC and Exposition Park, two miles from Downtown; I-10 / I-110 and Metro E & J Lines minutes away
                            
                                Strong In-Place Income: 7.02% Cap Rate & 9.85 GIM Calculated on Current Rents
                            
                                Turnkey Asset: New shaker cabinetry, stone-look counters, stainless appliances, LVP flooring and remodeled baths
                            
                                ~15% Rental Upside: In-place rents average $2,115 vs. $2,441 pro forma; 7.02% cap rate grows to 8.46%
                            
                                Diverse Unit Mix: (1) 3+2, (2) 2+1, (1) 1+1 and (2) studios — appeals to families, USC affiliates and professionals
                            
                                Close to Everything Downtown Has to Offer: 84 Walk Score, 88 Transit Score, & 90 Bike Score demonstrate that a car is not a necessity for tenants

Amenities

24 Hour Access
Air Conditioning
Heating
Hardwood Floors
Oven
Pantry

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 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))	8 min	-	4.0 mi
Transit/Subway	Drive	Walk	Distance
LATTC/Ortho Institute (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	8 min	0.4 mi
Grand Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	11 min	0.6 mi
Jefferson/USC (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	23 min	-	12.9 mi
Bob Hope	26 min	-	15.1 mi
Long Beach (Daugherty Field)	29 min	-	21.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Ryan Gonzalez 562-512-0996 Lyon Stahl Investment Real Estate

1978 Bonsallo Ave Los Angeles, CA 90007 West Adams