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    716 S Bonnie Brae St

    Los Angeles, CA 90057
    • $1,475,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 21-712312
    UPDATED: 62 min ago
    $1,475,000
    • 5
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,308
      SQFT
    • $342
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    ****4 UNIT INCOME PROPERTY WITH GREAT POTENTIAL DEVELOPMENT** SELLER IS MOTIVATED. BUYER TO CONDUCT THEIR OWN DUE DILIGENCE. This is a 4 unit property with parking has great cash flow . Close to downtown Los Angeles with nearby to the new metro line. This property is fully occupied and has been completely remodeled. Property has great development opportunities to build multifamily apartments. Current owner has updated , New Interior/Exterior Paint, Custom Kitchen Cabinets, New Laminate Hardwood Flooring through out, New Cooper Re-pipe, Upgraded electrical panel/service and Spacious rear yard. Zoning Code: LAR4, TOC :Tier 3

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T22:42:16.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/115842615
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    716 S Bonnie Brae St Los Angeles, CA 90057

    • Price: $1,475,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 21-712312
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,308
    SQFT
    $342
    $/SQFT
    1914
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    ****4 UNIT INCOME PROPERTY WITH GREAT POTENTIAL DEVELOPMENT** SELLER IS MOTIVATED. BUYER TO CONDUCT THEIR OWN DUE DILIGENCE. This is a 4 unit property with parking has great cash flow . Close to downtown Los Angeles with nearby to the new metro line. This property is fully occupied and has been completely remodeled. Property has great development opportunities to build multifamily apartments. Current owner has updated , New Interior/Exterior Paint, Custom Kitchen Cabinets, New Laminate Hardwood Flooring through out, New Cooper Re-pipe, Upgraded electrical panel/service and Spacious rear yard. Zoning Code: LAR4, TOC :Tier 3
    Exterior Features

    Levels Two Lot Size Area 7522 Other Structures None Parking Garage None Style Unknown Total Parking 5 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 7.00 Cooling None Equipment None Fireplace Rooms None Heating Other

    Property Features

    Alley YN Yes Assessed Total Value 313187 Electric Expense 2000.00 Gross Income 67000 Gross Operating Income 67000 Like Units1 2 Like Units2 1 Like Units3 1 Maintenance Expense 5000.00 Net Operating Income 43764.00 Number Of Buildings 1 Number Of Units 4 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 23236.75 Type Of Units Mixed Water Expense 11500.00 Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of Mohamadreza Haghshenasmohammad DRE# of Sky Asset Management Group.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T22:42:16.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270