1617 S Bonnie Brae Street, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1617 S Bonnie Brae Street,Los Angeles, CA 90006
$950,000
- 4 Beds
- - Baths
- 4,222 sq. ft.
- Multi-family
- Active
Listed by: joseph bolognese, elias martinez
Office: saxum west
MLS#:CL26644045
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$950,000
- Price per sq. ft.:$225.01
About this home
Located within a small, privately held residential compound, 1617 S Bonnie Brae St presents an opportunity to acquire a four-unit, two-story multifamily property in a central Los Angeles location. Built in 1912, the property consists of four (4) very large 1BR/1BA units totaling approximately 4,222 square feet on a 6,377 square foot lot. The building is separately metered for electricity, with the landlord responsible for water only. Zoned RD1.5-1 and located within a Historic Preservation Overlay Zone (HPOZ) and TOC Tier 3, the property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). The property is currently tenant-occupied and generating approximately $5,300 in monthly gross rent, offering long-term rental upside for an investor willing to improve operations and address deferred maintenance. The property is part of a unique cluster of four contiguous parcels under common ownership, which may be purchased individually or together as a portfolio. All four parcels can be purchased together for $2,950,000. Buyer to independently verify square footage, unit mix, zoning, rent control applicability, permits, and all development or redevelopment potential. Ideally situated near DTLA, Koreatown, USC, and major transportation corridors. Note: interior photos were limited for privacy reasons as the property is occupied....
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Home facts
- Year built:1912
- Listing ID #:CL26644045
- Added:197 day(s) ago
- Updated:August 13, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:4
- Flooring:Carpet, Tile
- Living area:4,222 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1912
- Building area:4,222 sq. ft.
- Lot area:0.15 Acres
- Exterior Features:Landscaped
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$225.01
Parking
- Parking description:Uncovered Parking Space
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