5907 Bonsallo Ave - Apartments FOR SALE


Los Angeles, CA 90044- Vermont Harbor
$1,275,000 USD
916-996-4421
5907 Bonsallo Ave, Los Angeles, CA for Sale
$1,275,000 USD
Apartments - FOR SALE
1/15
null | 6.93% Cap Rate

5907 Bonsallo Ave
Los Angeles, CA 90044
Vermont Harbor


HIGHLIGHTS

  • Fully Vacant Four-Unit Asset
  • Strong Stabilized Yield: Projected 9.31% cap rate,
  • Two units powered by fully paid solar
  • 2 Brand New Non-Rent Controlled ADU units

OVERVIEW

5903–5905 Bonsallo Ave is a four-unit multifamily investment property (inclusive of two ADUs) located in a high-demand South Los Angeles rental submarket. Built in 1923 and comprehensively renovated in 2025, the 3,232-square-foot building sits on a 5,625-square-foot lot and offers investors stable in-place income with moderate near-term upside through rent growth. The property is fully leased and master leased, providing consistent day-one income and simplified management. Current average rents are approximately $2,550 per unit, while projected market rents average approximately $2,800 per unit, representing roughly 10% rental upside as rents gradually adjust toward market levels. Offered at $1,275,000 ($318,750 per unit / $394.49 per SF), the property currently operates at an estimated 6.93% cap rate and 10.42 GRM, with stabilization projected to achieve approximately a 7.82% cap rate and 9.49 GRM. Renovated interiors, ADU income diversification, and operational upgrades such as paid solar and tankless water heaters support long-term tenant demand and expense efficiency. Investment Highlights Stabilized In-Place Income Moderate Rental Upside Attractive Day-One Yield Projected NOI Growth ADU Income Diversification Operational Efficiency

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

4

PRICE/UNIT

$318,750

CAP RATE

6.93%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,441 SF

ZONING

LAR2

APN/PARCEL ID

6004-031-031

ASK ABOUT THIS PROPERTY

Taylor AvakianLyon Stahl Investment Real EstateMore Info
916-996-4421

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Taylor AvakianLyon Stahl Investment Real EstateMore Info
916-996-4421

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