1044 N Bonnie Brae St - Apartments FOR SALE


Los Angeles, CA 90026- Echo Park
$3,350,000 USD
323-216-2168
1044 N Bonnie Brae St, Los Angeles, CA for Sale
$3,350,000 USD
Apartments - FOR SALE
1/5
null | 6.14% Cap Rate

1044 N Bonnie Brae St
Los Angeles, CA 90026
Echo Park


HIGHLIGHTS

  • Attractively priced at $209,375 per unit
  • Standalone SFR with potential to be split from primary lot
  • Significant rental upside potential for the savvy investor
  • Professionally managed and upgraded by current owner
  • Perfectly located in the heart of Echo Park

OVERVIEW

1044 N. Bonnie Brae is a 16-unit multifamily gem tucked into the heart of Echo Park — and it's hitting the market for the first time since 2014. The offering pairs a 15-unit multifamily building fronting Bonnie Brae Street with a charming, separate 3-bedroom single-family residence on Park Avenue, close enough to catch views of Echo Park Lake.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

15

PRICE/UNIT

$223,333

CAP RATE

6.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R3

APN/PARCEL ID

5404-002-015

ASK ABOUT THIS PROPERTY

Erick UribeSouth Park Group, Inc.More Info
323-216-2168

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Erick UribeSouth Park Group, Inc.More Info
323-216-2168

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.