Los Angeles, CA 90057 626 S Bonnie Brae Street

626 S Bonnie Brae Street Los Angeles, CA - Image 1626 S Bonnie Brae Street Los Angeles, CA - Image 2
Presented By: Sean Rosenzweig with Marcus & Millichap;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25501605
  • 02/21/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 6
  • Baths • 18
  • SQFT • 11,145

Home Details

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale an 18-unit apartment community located at 626 South Bonnie Brae Street. The subject property is situated in the middle of Westlake, which borders three thriving markets Koreatown, Downtown, and University Park. Consisting of one, three-story building on a 7,500 square foot parcel, the subject property features 12 singles and six one-bedroom units. Current ownership has renovated 6 of the 18 units featuring renovated bathrooms, new flooring throughout, new appliances, and new kitchen, bathroom cabinets. The property features eight on-site parking spaces. The remaining value-add potential for a new owner to continue renovating units and streamlining expenses to achieve superior future returns make 626 South Bonnie Brae Street an excellent acquisition opportunity.
Presented By: Sean Rosenzweig with Marcus & Millichap;

Interior Features for 626 S Bonnie Brae Street

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths18

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories3

General for 626 S Bonnie Brae Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.25
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsNorth of Wilshire Boulevard & East of South Westlake Avenue
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income277955.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7501.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income126108.0
New ConstructionNo
Number Of Units Total18
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built1918
Year Built SourceAssessor
ZoningLAC1

Exterior for 626 S Bonnie Brae Street

Building Area Total11145.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x150
Lot Size Acres0.1722
Lot Size Area7501.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking8.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,400,000
MLS#25501605
List Date 02/21/2025
Property Type Multi-Family
Phone 714.742.6515
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