Address
220 S Bonnie Brae Street Los Angeles, CA
Price
$ 1,394,000
Property Attributes
- MLS#SR20104738
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaMid Los Angeles
- Zip90057
- Style
- Price$ 1,394,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6353
- Lot Size8,285 SqFt
Listing Provided Courtesy Of:
Jared Levine with Keller Williams Realty Calabasas.
Property Description
BONNIE BRAE APARTMENTS and REDEVELOPMENT OPPORTUNITY. Bonnie Brae Apartments is a 6,353 sf 6 unit apartment building located in the gentrifying Westlake North neighborhood of Los Angeles. The property was built in 1948 and sits on a 8,287.5 SF Lot Zoned R4-1. The property positions itself to offer an investor a value add (approx. 53% upside) 6 unit apartment building with a low cost per square foot basis and future redevelopment opportunity due to lot and zoning, at $42k/buildable door. This well located property has great street visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101/110 FWY and DTLA add an additional touch of convenience.
| Price History | |
|---|---|
| 6/1/2020 | Listed $1,525,000 |
| 6/22/2020 | 1% - $1,524,000 |
| 7/23/2020 | 4% - $1,475,000 |
| 8/4/2020 | 1% - $1,474,000 |
| 11/9/2020 | 6% - $1,395,000 |
| 11/19/2020 | 1% - $1,394,000 |
General Features
| Attached Structure | Attached |
|---|---|
| Community Features | Curbs |
| Directions | On Bonnie Brae between Beverly and 3rd |
| Garage Spaces | 9.00 |
| Listagentaor | Southland |
| Listing Agent | Jared Levine - BRE#01804008 |
| Listing Agent State License | 01804008 |
| MLS Area | C16 - Mid Los Angeles |
| Pool Features | None |
| Price Per Square Foot | 219.42 |
| Property Attached Y/N | Yes |
| Sewer | Public Sewer |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Total Units | 6 |
| Zoning | LAR4 |
Interior Features
| 1st Bedroom Area Unit Type | Square Feet |
|---|---|
| 2nd Bedroom Area Unit Type | Square Feet |
| 3rd Bedroom Area Unit Type | Square Feet |
| Common Walls | 1 Common Wall |
| Laundry Features | Individual Room |
| Laundry Y/N | Yes |
| Studio Area Unit Type | Square Feet |
Exterior Features
| Building Area Total | 6353.00 |
|---|---|
| Lot Features | Paved |
| Lot Size Acres | 0.1902 |
| Lot Size Area | 8286.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 8286.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Number of Separate Electric Meters | 6 |
| Number of Separate Gas Meters | 6 |
| Number of Separate Water Meters | 1 |
| Total Parking | 9.00 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90057
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of January 21, 2021 1:08 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
