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626 S Bonnie Brae St

Los Angeles, CA 90057
  • $2,400,000
  • STATUS: Active
  • ON SITE: 118 Days
  • MLS #: 25501605
UPDATED: 33 min ago
$2,400,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 18
    BATHS
  • 0
    1/2 BATHS
  • 11,145
    SQFT
  • $215
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Ratings & Info

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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-20T18:44:14.71. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/160749578
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626 S Bonnie Brae St Los Angeles, CA 90057

  • Price: $2,400,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 33 min ago
  • MLS #: 25501605
6
Beds
18
Baths
0
½ Baths
0.17
Acres
11,145
SQFT
$215
$/SQFT
1918
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property 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.
Exterior Features

Levels Multi/Split Lot Size Area 7501 Other Structures None Parking Garage None Total Parking 8

Interior Features

Cooling Other Equipment None Heating Other

Property Features

Assessed Total Value 2903626 Disclosures None Gross Income 277955 Gross Operating Income 280358 Like Units1 12 Like Units2 6 Net Operating Income 126108.00 Number Of Buildings 1 Number Of Units 18 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 154250 Type Of Units Residential Year Built Source Assessor Zoning LAC1

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap: 310-909-5500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-20T18:44:14.71. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Sandi Phillips Team | Compass
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Palm Desert CA, 92260