1824 S Bonnie Brae Street

    Los Angeles (City), CA 90006
    • $895,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: 19507948
    UPDATED: 26 min ago
    $895,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,170
      SQFT
    • $282
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    LOCATION...LOCATION...LOCATION... Three units conveniently located within minutes to USC, Staples Center, Downtown LA, and LA Live. GREAT INVESTMENT OR DEVELOPMENT OPPORTUNITY. The Property consists of 3- units on two separate buildings, The Front house features 4- bedrooms 1.5- baths, the back units 2) 2- Bedrooms 1 bath each, each with its own separate electric and gas meters. The main house, as well as the back units with its own assigned parking areas and separate entrances plus Alley access. This is a rare triplex with RD1.5 Zoning on a 6,249 Square feet lot. The area is experiencing MASS GENTRIFICATION, Multi-Million dollars projects all-around, time is now to take advantage of this unique opportunity to own a piece of a very lucrative investment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T11:35:20.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98737884

    1824 S Bonnie Brae Street Los Angeles (City), CA 90006

    • Price: $895,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 19507948
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,170
    SQFT
    $282
    $/SQFT
    1973
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    LOCATION...LOCATION...LOCATION... Three units conveniently located within minutes to USC, Staples Center, Downtown LA, and LA Live. GREAT INVESTMENT OR DEVELOPMENT OPPORTUNITY. The Property consists of 3- units on two separate buildings, The Front house features 4- bedrooms 1.5- baths, the back units 2) 2- Bedrooms 1 bath each, each with its own separate electric and gas meters. The main house, as well as the back units with its own assigned parking areas and separate entrances plus Alley access. This is a rare triplex with RD1.5 Zoning on a 6,249 Square feet lot. The area is experiencing MASS GENTRIFICATION, Multi-Million dollars projects all-around, time is now to take advantage of this unique opportunity to own a piece of a very lucrative investment.
    Exterior Features

    Direction Faces West Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedAuto Driveway Gate Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Carpet Laundry Features None Levels Two

    Property Features

    Cap Rate 4.91 Gross Multiplier 16.80 Gross Operating Income 53280.00 Improvements Amount 110389 Land Value 331170 Laundry YN No Net Operating Income 43929.00 Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 9351.00 Zoning Lard1.5

    Listing provided courtesy of Walter Castillo of Coldwell Banker Residential Br


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T11:35:20.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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