Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

2,846 sqft

Lot size

6,379 sqft

Year built

1905

Stories

0

Style

Craftsman

Heating

None

Pool

None

View

City Lights

Status

Active

Days on market

29

MLS #

237956078

About this property

1625 S Bonnie Brae Street presents a rare opportunity to acquire a large, two-story residence within a private, compound-like setting near the heart of Los Angeles. Comprised of approximately 2,846 square feet on a 6,377 square foot lot, the property is currently configured as a single-family style residence with four bedrooms and three bathrooms, but it is recorded as a duplex on title, and registered as a fourplex with LAHD. The interior layout does not reflect a clearly divided two-unit configuration, offering flexibility for future owner-users or long-term hold investors.The home features generous room sizes, and a layout well-suited for multigenerational living, work-from-home use, or creative reconfiguration. The property is currently leased to a master tenant who subleases one bedroom to another tenant; the tenant has expressed willingness to cooperate with vacating the property post-closing should the buyer desire the property to be vacant.Zoned RD1.5-1 and located within an historical preservation zone, the property offers long-term upside while maintaining its existing residential character. The property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). Ideally located near DTLA, Koreatown, USC, major transit corridors, and the 10, 110, and 101 freeways. Buyer to independently verify square footage, unit count, bedroom and bathroom count, permits, zoning, rent control applicability, and the legality of all improvements, systems, and configurations. Note: the property is part of a unique cluster of four contiguous parcels under common ownership, which may be purchased individually or together as a portfolio. All four parcels can be purchased together for $2,950,000. Interior photos were limited for privacy reasons as the property is occupied.

Location

1625 S Bonnie Brae Street

Los Angeles, Los Angeles, CA, 90006