Los Angeles, CA 90006,1717 S Bonnie Brae ST
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Los Angeles, CA 90006,1717 S Bonnie Brae ST
Los Angeles, CA 90006,1717 S Bonnie Brae ST
Los Angeles, CA 90006,1717 S Bonnie Brae ST
Los Angeles, CA 90006,1717 S Bonnie Brae ST

$900,000

Est. payment /mo

$1,095,000

17.8%
Est.Price: ?

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1717 S Bonnie Brae ST Los Angeles, CA 90006

6,381 Sqft Lot

SOLD DATE : 10/12/2022

Key Details

Sold Price $900,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR22176512

Sold Date 10/12/22

HOA Y/N No

Year Built 1961

Lot Size 6,381 Sqft

Property Sub-Type Apartment

Property Description

Excellent 6 unit (6-1+1's) investment opportunity with huge rental upside! The property was built in the '60's and consists of two buildings, one 4-unit building in the front and a 2-unit building in the rear. The property offers convenient alley access, ample surface parking for tenants and guests, and is gated on both sides. Rents are heavily below market (70%+) due to a long-term owner. Opportunity to capture the rental upside and add value. Tenants are currently using back structure for storage at no cost. New owner has the potential to charge tenants for storage income. Great central location with easy freeway access and within minutes from USC, LA Live, the Convention Center, Crypto arena and Koreatown.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5135010011

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS – RECore
Listed by Danny Ozair Danny Ozair
Bought with Robert Estrada Prospect Group Inc.
Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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