- BHGRE®
- California
- Los Angeles
- 1701 S Bonnie Brae
1701 S Bonnie Brae, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1701 S Bonnie Brae,Los Angeles, CA 90006
$1,625,000
- 7 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26024312
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,625,000
About this home
This updated 7-unit multifamily at 1701 S Bonnie Brae St offers a strong mix of (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, and (2) 2-Bed/2-Bath units delivered fully occupied and generating immediate income at 10.64 GRM and 6.51% Cap rate, with renovated interiors across a prime urban lot. Ideal for both owner-users and investors seeking cash flow and scalable value-add in vibrant Pico-Union. Renovated units feature modern upgrades, including luxury vinyl plank flooring, updated kitchens, remodeled bathrooms, ceiling fans, fresh paint, and living room fireplaces. The property offers pet-friendly appeal, air conditioning, included refrigerators, and optional assigned parking. Excellent value-add potential through 29% rental upside to stabilize at 8.25 GRM and 8.87% Cap rate, with opportunities to optimize rents amid strong LA multifamily demand and low vacancy trends. Current Management is offering to continue a 3% Fee for NEW Owners!! Situated in the Pico-Union/Westlake location with easy access to I-10/110 Freeways, Downtown LA, USC, Koreatown, and employment hubs like Sony, Apple, HBO, Google, and Meta, this property blends turnkey income with future appreciation in one of Los Angeless most accessible rental markets. 1701 S Bonnie Brae St delivers immediate yields and long-term hold potential.
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Home facts
- Listing ID #:SB26024312
- Added:7 day(s) ago
- Updated:February 10, 2026 at 04:06 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
Finances and disclosures
- Price:$1,625,000
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