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Homes for Sale in Los Angeles, CA 440 S Bonnie Brae St, Los Angeles, CA 90057

$ 4,800,000
440, South Bonnie Brae Street, Westlake South, Westlake, Los Angeles, Los Angeles County, California, 90057, United States,
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Overview

  • Updated On:
  • September 15, 2022
  • 29 Bedrooms
  • 29 Bathrooms
  • 19,346 ft2
  • Year Built: 1923

440 S Bonnie Brae St, a 29-unit value-add apartment building in Westlake. The property features a unit mix of 20 singles and 9 one-bedrooms and 10 garage parking spaces. At the asking price, the property is being offered for $165,517 cost per unit and a low $248 cost per square foot. An investor has the opportunity to further increase cashflow and capture an additional 38% in rental income through interior renovation of units. Gas and electricity are separately metered and there is a community laundry room with three washers and dryers. The property is situated on a corner lot just south of W 3rd St, only two blocks from MacArthur Park and walking distance to metro A-E lines. High WalkScore of 91, close proximity to schools, employment, and transit options, this location makes it convenient for residents to commute throughout the city even without a vehicle. This neighborhood in Westlake is ideally located with a short commute to Downtown and Koreatown. Proximity to MacArthur Park, Echo Park, Dodger Stadium, and The Broad Museum provide residents with ample entertainment opportunities.
Listed by Neema Ahadian •DRE #01346750 • Marcus & Millichap

310-909-5444 (agent)

[email protected] (agent)

Address: 440, South Bonnie Brae Street, Westlake South, Westlake, Los Angeles, Los Angeles County, California, 90057, United States
State/County:
Zip: 90057
Country: United States
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Property Id : 20842
Price: $ 4,800,000
Property Size: 19,346 ft2
Bedrooms: 29
Bathrooms: 29
Year Built: 1923
Interior Details
Equipped Kitchen
Gym
Laundry
Media Room
Outdoor Details
Back yard
Basketball court
Garage Attached
Hot Bath
Pool
Utilities
Central Air
Electricity
Heating
Natural Gas
Ventilation
Water
Other Features
Chair Accessible
Elevator
Fireplace
Smoke detectors
Washer and dryer
WiFi

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