Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap. Last updated 2025-04-22 08:11:32.000000. Listing information © 2024 Sandicor.
Asking Price: $2,400,000 |
626 Bonnie Brae, Los Angeles CA 90057
Community: C42 - Downtown L.A.
This property was built in 1918 and is priced at $2,400,000. Please see the additional details below.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale an 18-unit apartment community located at 626 South Bonnie Brae Street. The subject property is situated in the middle of Westlake, which borders three thriving markets Koreatown, Downtown, and University Park. Consisting of one, three-story building on a 7,500 square foot parcel, the subject property features 12 singles and six one-bedroom units. Current ownership has renovated 6 of the 18 units featuring renovated bathrooms, new flooring throughout, new appliances, and new kitchen, bathroom cabinets. The property features eight on-site parking spaces. The remaining value-add potential for a new owner to continue renovating units and streamlining expenses to achieve superior future returns make 626 South Bonnie Brae Street an excellent acquisition opportunity.