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

16

Building size

8,751 sqft

Lot size

7,628 sqft

Year built

1922

Stories

0

Status

Active

Days on market

56

MLS #

248928389

About this property

1044 N. Bonnie Brae is a 16-unit multifamily gem tucked into the heart of Echo Park and it's hitting the market for the first time since 2014. The offering pairs a 15-unit multifamily building fronting Bonnie Brae Street with a charming, separate 3-bedroom single-family residence on Park Avenue, close enough to catch views of Echo Park Lake. Spread across a 7,626 SF lot, all 16 units enjoy a coveted address situated the lotus beds and paddle boats of Echo Park Lake and the vibrant energy of Sunset Blvd, with its beloved shops, restaurants, and nightlife just steps away. This prime location, paired with easy access to Downtown LA and the eastside's most sought-after destinations, sets the stage for enduring rental demand and long-term upside. For investors looking to grow their portfolio in one of Los Angeles' most dynamic and in-demand rental markets, this is a rare chance to own a piece of Echo Park.

Location

1044 N Bonnie Brae Street

Los Angeles, Los Angeles, CA, 90026