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Sold for $1,450,000 on 07/31/25
  • Listing Provided by: 

    Cameron Samimi DRE #02035763 310-259-7556,

    Lyon Stahl Investment Real Estate, Inc.

    $1,450,000

    1707 S Bonnie Brae St #1, Los Angeles, CA 90006

    15beds
    5baths
    6,354sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $1,490,500 Zestimate®
    $228/sqft
    $-- Estimated rent

    What's special

    BROKERS OPEN - MAY 2nd from 10AM to 12PM! First time on the MLS in over 21 years! Highest in place Cap Rate in town and a beautiful building. 1707 S Bonnie Brae is a large 5-Unit apartment building comprised of (4) 3-Bed/1-Bath units and a detached house that operates as a 3-Bed/1-Bath. 6 on-site Parking Spaces. Current in place 7.01% cap rate and 9.64 GRM, with upside to a 8.45% CAP and 8.19 GRM. This asset is ideal for any investor to cash flow on this beautiful asset. Built in 1924, this unique property is a 4 unit apartment totaling 4,525 sq.ft, plus a large detached home of 1,829 sq.ft! Priced at only $240.64/Sq.Ft! All units have major appliances, hardwood floors, in-unit washer/dryers. This property has Sedona styled paving stones in Motor Courtyard and walkways. Drought tolerant landscaping with Palm Trees, Juniper Vines and White Rose Garden. This property exudes character and is always rented with students, families, and young professionals who love this place!  1707 Bonnie Brae is located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.

    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 05:42am

    Listing Provided by:

    Cameron Samimi DRE #02035763 310-259-7556,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Ana Connell, DRE #01802303

    Ana Connell Real Estate

    Source: CRMLS,MLS#: SB25089362MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 5
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,354
    • Total interior livable area: 6,354 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,383 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5135010009
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 13215

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    Services availability
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    Estimated market value

    $1,490,500