3
See all 3 photos
$1,199,000
Est. payment /mo
3 Beds
2 Baths
7,222 Sqft Lot
New
221 S Bonnie Brae Los Angeles, CA 90057
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26198637
Bedrooms 3
Lot Size 7,222 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
221 S Bonnie Brae Street presents the opportunity to acquire a fully occupied 6-unit multifamily asset in the heart of Los Angeles' Westlake/Downtown Los Angeles submarket. Situated between Beverly Boulevard and West 3rd Street, west of Alvarado Street, the property benefits from proximity to Downtown Los Angeles, Koreatown, Echo Park, employment centers, public transportation, retail amenities, and major regional thoroughfares. The property is with six occupied apartment units positioned on a lot that extends from the street to the alley, providing functional access and parking accommodations. Owner has updated the electrical panel per insurance requirements. Each unit is individually metered for water, electricity, and gas, and features its own water heater, helping streamline utility management and expense allocations. Residents benefit from on-site parking and a common-area laundry facility that provides an additional revenue component. The property includes six parking spaces, consisting of garage and uncovered parking options accessible from the rear alley. A newly constructed building adjacent to the property reflects ongoing investment activity within the immediate neighborhood.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Between Beverly Blvd & West 3rd St, west of Alvarado
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5154003002
Listed by MIRA GONZAGA, DRE#01181708 MIRA INIGO GONZAGA
Co-listed bySean Madadian • Magic Realty
Co-listed bySean Madadian • Magic Realty
NEARBY SCHOOL & BUSINESS
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