Eat Your Cake and Have It Too! Live, Earn, and Enjoy! Welcome to this beautifully rebuilt Arts-and-Crafts Tudor-style residence in the vibrant and centrally located Pico-Union neighborhood just minutes from Downtown LA, Koreatown, and USC, with easy access to public transportation. Originally built in 1905 and thoughtfully reconstructed in 2019, this rare property combines classic charm with modern functionality. It features a stunning private 2-bedroom, 2-bath first-floor home with a spacious eat-in kitchen, generous living room, and optional dining space. Live in it yourself or rent it out for extra income. Upstairs, income potential abounds. The second and third floors function as a multi-level boarding house, offering four independently accessed rental suites (via a separate exterior entrance). Each suite features: A walk-in closet, Private bathroom, Air conditioning, Cable/internet/satellite-ready connections. Tenants share a convenient communal kitchenette, a 3rd-floor lounge with skyline views of DTLA, a soundproof music/rehearsal space, and a cozy study/office area. There's even an app-enabled washer/dryer on site. Utilities and parking are included in the rent. Additional highlights include: Parking for up to 4 vehicles in the driveway. Located in the Pico-Union Historic Preservation Overlay Zone (HPOZ), surrounded by beautiful historic homes. Walking distance to shops, transit, and cultural attractions. Proximity to USC, UCLA, Loyola Law School, and major medical centers. This unique and flexible property is ideal for an owner-user, investor, or anyone looking to combine classic architecture, a convenient location, and exceptional income potential.
For sale
$1,399,000
1238 S Bonnie Brae St, Los Angeles, CA 90006
8beds
7baths
4,494sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$1,364,200 Zestimate®
$311/sqft
$-- HOA
What's special
Communal kitchenettePrivate bathroomSpacious eat-in kitchenOptional dining spaceWalk-in closetAir conditioning
- 170 days |
- 136 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: September 05, 2025 at 04:51am
Listed by:
Natalie Neith DRE # 01045639 323-595-9414,
Compass 818-783-7721
Source: CLAW,MLS#: 25555803
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Rooms
- Room types: Breakfast Area, Dining Area, Living Room, Walk-In Closet
Bedroom
- Features: Multi-Level Bedroom, Walk-In Closet(s)
Bathroom
- Features: Shower Over Tub, Remodeled, Low Flow Toilet(s), Tile
Kitchen
- Features: Stone Counters, Remodeled
Heating
- Central
Cooling
- Air Conditioning, Ceiling Fan(s), Dual, Zoned, Central Air
Appliances
- Included: Built-In And Free Standing, Electric Cooktop, Range, Disposal, Microwave, Freezer, Refrigerator, MultiTank Water Heater, Tankless Water Heater
- Laundry: Common Area, Inside, Laundry Area, Upper Level
Features
- 2 Staircases, Basement, Built-in Features, Wired for Data, Crown Molding
- Flooring: Mixed, Hardwood
- Windows: Drapes
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,494
- Total interior livable area: 4,494 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Gate, Gated, Open, Tandem, On Street, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Ground Level w/steps
- Patio & porch: Front Porch
- Pool features: None
- Spa features: None
- Fencing: Fenced Yard
- Has view: Yes
- View description: City Lights, City
- Waterfront features: None
Lot
- Size: 5,627.95 Square Feet
- Dimensions: 50 x 125
- Features: Back Yard, Corners Established, Curbs, Front Yard, Sidewalks, Street Lighting, Yard, City Lot, Park Nearby
Details
- Additional structures: Barn(s)
- Parcel number: 5137034004
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: Cable, Network Wire
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Clapboard, Stucco, Drywall Walls
- Foundation: Pillar/Post/Pier, Pier Jacks, Quake Bracing
- Roof: Composition,Shingle
Condition
- Updated/Remodeled
- Year built: 1905
Utilities & green energy
- Sewer: In Street
- Water: In Street
- Utilities for property: Cable Available
Community & HOA
Community
- Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated, Prewired, Smoke Detector(s), Alarm System
HOA
- Amenities included: Security, Hot Water, Storage, Controlled Access
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $311/sqft
- Tax assessed value: $311,952
- Annual tax amount: $4,315
- Date on market: 6/23/2025
- Total actual rent: 4000
- Tenant pays: Move In Fee, Cable TV
- Road surface type: Asphalt, Paved
Estimated market value
$1,364,200
$1.30M - $1.43M
$1,787/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Listed for sale | $1,399,000-51.8%$311/sqft |
Source:  CLAW #25555803 Report a problem | ||
| 12/1/2019 | Listing removed | $2,900,000$645/sqft |
Source: West Coast Investments #OC19097017 Report a problem | ||
| 4/29/2019 | Listed for sale | $2,900,000+1833.3%$645/sqft |
Source: West Coast Investments #OC19097017 Report a problem | ||
| 1/5/2019 | Listing removed | $1,400 |
Source: Durante & Rich Real Estate Report a problem | ||
| 12/30/2018 | Price change | $1,400+16.7% |
Source: Durante & Rich Real Estate Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,315 +1.6% | $318,190 +2% |
| 2024 | $4,245 +1.7% | $311,952 +2% |
| 2023 | $4,175 +4.4% | $305,836 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,775/mo
Principal & interest
$6933
Property taxes
$1352
Home insurance
$490
Climate risks
Neighborhood: Pico-Union
Nearby schools
GreatSchools rating
- 7/10Magnolia Avenue Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Berendo Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Palos Verdes / LAUSD - Inquire
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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