1978 Bonsallo, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1978 Bonsallo,Los Angeles, CA 90007
$1,500,000
- - Beds
- - Baths
- 3,456 sq. ft.
- Multi-family
- Active
Listed by: ryan gonzalez
Office: lyon stahl investment real est310-425-9838
MLS#:PW26202470
Source:CRMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$434.03
About this home
We are pleased to present 1978 Bonsallo Avenue, a 6-unit multifamily investment opportunity in University Park, Los Angeles. Built in 1923, the two-story, 3,456 SF building sits on a 6,244 SF lot one block south of the I-10 — roughly a mile north of the USC campus and Exposition Park and two miles from Downtown Los Angeles, in one of the most renter-dense pockets in the city.
The property offers a well-balanced mix of one 3-bed / 2-bath, two 2-bed / 1-bath, one 1-bed / 1-bath and two studio units. Interiors have been renovated with new shaker cabinetry, stone-look counters, stainless appliances, luxury vinyl plank flooring and updated tiled baths; gas and electricity are separately metered to each unit, and a large front parking court and rear balcony complete the offering.
Average in-place rent of $2,115 sits well below market — pro forma rents of $2,441 represent roughly 15% upside on natural turnover. Offered at $1,500,000 ($250,000 per unit, $434.03 per SF), the asset delivers a 7.02% in-place cap rate growing to 8.46% pro forma and a 9.85 GRM, with demand anchored by USC, Exposition Park and Downtown's 325,000 jobs....
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Home facts
- Year built:1923
- Listing ID #:PW26202470
- Added:56 day(s) ago
- Updated:November 12, 2026 at 08:23 PM
Rooms and interior
- Living area:3,456 sq. ft.
Structure and exterior
- Year built:1923
- Building area:3,456 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Rectangular Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$434.03
Parking
- Total parking spaces:6
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