1978 Bonsallo Avenue, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Champions
1978 Bonsallo Avenue,Los Angeles, CA 90007
$1,599,800
  • 7 Beds
  • 4 Baths
  • 3,456 sq. ft.
  • Multi-family
  • Active
Listed by: vinnie park
Office: keller williams larchmont323-762-2600
MLS#:26847235
Source:CRMLS

Price summary

  • Price:$1,599,800
  • Price per sq. ft.:$462.91

About this home

APPX 7% CURRENT CAP RATE | FULLY RENOVATED & STABILIZED 6-UNIT IN USC DPS PATROL ZONE | SIGNIFICANT RENTAL UPSIDE! 1978 Bonsallo presents a rare opportunity to acquire a fully renovated, stabilized 6-unit asset in one of Los Angeles' most reliable student housing markets. While the property is already performing at a 6.8% cap rate, it offers meaningful upside through organic rent growth, as rents are slightly below market creating immediate potential for increased income. Ideally positioned near USC and Mount St. Mary's University, the property features charming Cape Cod-style architecture (originally built in 1923) across two structures, with an excellent unit mix: (1) detached 3BD/2BA home, (2) 2BD/1BA units, (1) 1BD/1BA, and (2) large studios, a highly desirable layout for student and young professional tenants. Each unit has been extensively renovated, showcasing brand new kitchens, designer-finished bathrooms, hardwood-style flooring, and fresh interior paint, all paired with...

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Home facts

  • Year built:1923
  • Listing ID #:26847235
  • Added:1 day(s) ago
  • Updated:June 14, 2026 at 12:31 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Kitchen Description:Refrigerator
  • Living area:3,456 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:3,456 sq. ft.
  • Lot area:0.14 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,599,800
  • Price per sq. ft.:$462.91

Parking

  • Total parking spaces:6
  • Parking description:Assigned
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