943 S Bonnie Beach Place, Los Angeles, CA 90023
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
943 S Bonnie Beach Place,Los Angeles, CA 90023
$2,750,000
- 18 Beds
- 16 Baths
- 8,400 sq. ft.
- Multi-family
- Active
Listed by: sean rosenzweig
Office: marcus & millichap310-909-5500
MLS#:26986177
Source:CRMLS
Price summary
- Price:$2,750,000
- Price per sq. ft.:$327.38
About this home
We are pleased to offer for sale 943 South Bonnie Beach Place, a 16-unit apartment community located in East Los Angeles, about five miles east of Downtown Los Angeles.Built in 1923, the property comprises 8,400 square feet of improvements across nine buildings on a 16,000-square-foot parcel. Its unit mix is 14 one-bedroom units and two two-bedroom units. The property delivers strong in-place yield at a 6.90% scheduled cap rate and an 8.83 gross rent multiplier. Approximately 15% rental upside remains, capturable through ordinary turnover.With a Walk Score of 78, most errands can be accomplished on foot. Whittier Boulevard, the main commercial corridor of East Los Angeles, runs just north of the property. The 5, 60 and 710 Freeways put Downtown Los Angeles and the industrial employment centers of Vernon and Commerce within commuting distance.943 South Bonnie Beach Place offers investors an opportunity to acquire an income-producing asset with remaining upside in East Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS....
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Home facts
- Year built:1923
- Listing ID #:26986177
- Added:57 day(s) ago
- Updated:November 06, 2026 at 02:22 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:16
- Living area:8,400 sq. ft.
Structure and exterior
- Year built:1923
- Building area:8,400 sq. ft.
- Lot area:0.37 Acres
- Levels:Multi Split
Finances and disclosures
- Price:$2,750,000
- Price per sq. ft.:$327.38
Parking
- Total parking spaces:11
- Parking description:Uncovered
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