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Bonnie Brae Portfolio
Los Angeles, CA Pico-Union

$3,500,000 USD

Multifamily For Sale  •  10,740 SF

4 Properties View all

Property Details

  • Property Type Multifamily
71 Transit Score
92 Walk Score

Highlights

Four contiguous parcels with an opportunity to include a 5th parcel for a block-to-block assemblage
Value-Add Opportunity: Currently 100% occupied, but multiple units are family or owner-occupied and can be delivered vacant
Ample on-site parking accessed via a private driveway with motorized gate and lined with lush landscaping for privacy
Attractive Basis: significant upside relative to replacement cost and underlying land value
Located at the nexus of DTLA, Koreatown, and USC, just minutes from the LA Convention Center, Koreatown and the 110, 10 & 101 freeways
First time on the market in over 25 years

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)) 10 min - 3.9 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 13.0 mi
Bob Hope 28 min - 14.2 mi
Long Beach (Daugherty Field) 31 min - 22.0 mi
Joe Bolognese 310-422-3891 Saxum West
Joe Bolognese 310-422-3891 Saxum West