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$ 1,749,800
Est. payment /mo
New
1978 Bonsallo AVE Los Angeles, CA 90007
7 Beds
4 Baths
3,456 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $506
MLS Listing ID 26642971
Bedrooms 7
HOA Y/N No
Year Built 1923
Lot Size 6,242 Sqft
Property Description
6.3% CURRENT CAP RATE | FULLY RENODED 6 UNIT IN USC DPS PATROL ZONE | MAJOR UPSIDE 1978 Bonsallo presents a rare opportunity to acquire a beautifully renovated, stabilized 6 unit asset ideally positioned for student housing demand near USC and Mount St. Mary's University. Showcasing Cape Cod-style architecture (originally built in 1923), the property features two structures and an excellent unit mix: (1) detached large 3BD/2BA house, (2) spacious 2BD/1BA, (1) 1BD/1BA, and (2) large studiosa layout that supports strong rentability and long-term tenant appeal. Each unit has been thoughtfully updated with brand new kitchens, designer finished bathrooms, new hardwood style flooring, and interior paint, all complemented by efficient, functional floor plans. The property totals approximately 3,456 SF and sits on a tranquil, tree-lined street in a highly sought-after rental pocket. Conveniently located less than a mile to USC, a short ride to USC Village, and close to Downtown LA destinations including LA Live and Crypto.com Arena. Enjoy walkable access to the Expo Line and quick connectivity to the 10 & 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). A standout investment for buyers seeking a renovated, income producing asset with strong current returns and future upside in one of LA's most consistent rental markets.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Rooms
Other Rooms Guest House
Interior
Heating Wall Furnace
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Assigned
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
Additional Building Guest House
New Construction No
Others
Senior Community No
Tax ID 5124033013
Special Listing Condition Standard
Listed by Vinnie Park Keller Williams Larchmont