$2,400,000
For Sale

626 S Bonnie Brae Street

Los Angeles, CA 90057
11145 sqft | 6 beds | 0.17 acres | #25501605
Listing OfficeMarcus & Millichap
Browse 3 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

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.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$2,400,000
      • MLS #25501605
      • MLS #25501605
      • Cost2400000
      • Acres0.1722
      • Square Feet11145
      • Year Built1918
      • Bedrooms6
      • Stories3

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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