1978 Bonsallo Ave, Los Angeles, CA, 90007

USD 1,725,000
For Sale

Property Details

Bedrooms

7

Bathrooms

4

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 7 • Bathrooms: 4 • Square Feet: 3456 • Lot/Size: 6,246 sqft lot

Description: 6.4% CURRENT CAP RATE | FULLY RENOVATED & STABILIZED 6-UNIT IN USC DPS PATROL ZONE | SIGNIFICANT RENTAL UPSIDE! 1978 Bonsallo presents a rare opportunity to acquire a fully renovated, stabilized 6-unit asset in one of Los Angeles' most reliable student housing markets. While the property is already performing at a 6.4% cap rate, it offers meaningful upside through organic rent growth, as rents are slightly below market creating immediate potential for increased income. Ideally positioned near USC and Mount St. Mary's University, the property features charming Cape Cod-style architecture (originally built in 1923) across two structures, with an excellent unit mix: (1) detached 3BD/2BA

Location

Address

1978 Bonsallo Ave, Los Angeles, CA, 90007

City

Los Angeles

Features and Finishes

Year Built: 1923; [object Object]; [object Object]; [object Object]

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