Property Details
About this Property
This updated 7-unit multifamily at 1701 S Bonnie Brae St offers a strong mix of (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, and (2) 2-Bed/2-Bath units delivered fully occupied and generating immediate income at 10.64 GRM and 6.51% Cap rate, with renovated interiors across a prime urban lot. Ideal for both owner-users and investors seeking cash flow and scalable value-add in vibrant Pico-Union. Renovated units feature modern upgrades, including luxury vinyl plank flooring, updated kitchens, remodeled bathrooms, ceiling fans, fresh paint, and living room fireplaces. The property offers pet-friendly appeal, air conditioning, included refrigerators, and optional assigned parking. Excellent value-add potential through 29% rental upside to stabilize at 8.25 GRM and 8.87% Cap rate, with opportunities to optimize rents amid strong LA multifamily demand and low vacancy trends. Current Management is offering to continue a 3% Fee for NEW Owners!! Situated in the Pico-Union/Westlake location with easy access to I-10/110 Freeways, Downtown LA, USC, Koreatown, and employment hubs like Sony, Apple, HBO, Google, and Meta, this property blends turnkey income with future appreciation in one of Los Angeles’s most accessible rental markets. 1701 S Bonnie Brae St delivers immediate yields and long-term
MLS Listing Information
MLS #
CRSB26024312
MLS Source
California Regional MLS
Days on Site
0
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Common Parking Area, Private / Exclusive, Garage: 10 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 7 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1701 S Bonnie Brae is a Residential Income in Los Angeles, CA 90006. This – square foot property sits on a 6,380 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,625,000 and was built in 1902. This address can also be written as 1701 S Bonnie Brae, Los Angeles, CA 90006.
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This listing information is up-to-date as of February 03, 2026. For the most current information, please contact Cameron Samimi
