1. Property Video (PT-374)
  2. Community Association (PT-239)

452 South Bonnie Brae Street
Los Angeles, CA 90057


  • $1,395,000
  • 8 Beds
  • 8 Baths
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Property Remarks

The subject property is an 8 unit apartment complex built in 1905. The unit mix is seven 1+1 units andone single. The improvements are built on a 7,869 square foot lot with total rentable square footageof 4,343.The property is located on the east side of Bonnie Brae Street in Los Angeles, just south of 3rd St in theWestlake District of Los Angeles, CA. The area is undergoing a major economic renaissance during thepast decade with development as the driving force. The new apartment and mixed use developmentsand existing apartment renovations in the immediate area have provided an overwhelming increase inthe demand for high end rental units. This property offers an affordable option to the high rents thatthe area now commands. The property sits conveniently between Koreatown and Downtown LA andin close proximity to Echo Park, Silver Lake, Hollywood, major freeways, and much more.

Property Details

MLS#
18317926
Days on Market
53
Year Built
1905
Stories
2
Building/Living Area (sq ft)
4,343
Source of SqFt
Public Records
Source of Lot Size
Vendor Enhanced

Location

State
CA
County
Los Angeles
Area
Downtown L.A. (C42)

Presented By:

Morgan McMullin
Beverly Hills CalBRE# 01716570 310.968.2454 mobile Contact Me

Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Interior Features
Other

Additional Property Details

Number of Units
8
Parking Spaces
5
Number of Buildings
2
Gross Operating Income
$83,388
Total Expense
$35,456
ADA Compliance
No

AC/Cooling
Other
Heating
Other
Parking
Other

Downtown Los Angeles

The heart of the city, Downtown L.A. is dominated by skyscrapers, and a bustling urban core. Downtown, or as it is sometimes known, DTLA, is alive with hot restaurants, hip hotels, and nightlife that makes downtown a great place to live and play.

Real Estate: Lofts, condos and apartments for sale are prevalent in Downtown Los Angeles. Downtown Los Angeles is divided into several different areas including the Historic Core and the Fashion District. The Broadway area has been revitalized with many new condos and lofts being created in older buildings and new development underway. The area near L.A. Live and the Staples Center is particularly trendy.

Community Life: Downtown Los Angeles now boasts over 500 restaurants and has a burgeoning nightlife scene. Many people come to downtown to see a concert at Disney Hall or professional sports at Staples Center and the L.A. Convention Center plays home to a variety of events from art and design shows to conferences drawing businesspeople from around the world. Grand Central Market offers booths full of some of the most delicious food in the city.

Education: Downtown Los Angeles is served by the Los Angeles Unified School District. Local schools include the Ramon C. Cortines School of Visual and Performing Arts, Downtown Business High School, California Academy for Liberal Studies Early College High School, Para Los Niños Middle School, and others. Private schools include Saint Malachy Catholic Elementary School and American University Preparatory School. The Fashion Institute of Design & Merchandising is located downtown as is the Colburn School for music and the performing arts.

Transportation: Downtown is the hub of the rail transit system with six commuter lines, two subway lines, three light rail lines and many Metro bus routes passing through the city. Union Station is the main railway center and a historic landmark in the city.

Local Attractions:  From the city’s early beginnings on Olvera Street to new construction including the Broad Museum and the Wilshire Grand Tower there is a lot to see downtown. Popular draws include the Angels Flight staircase, Pershing Square with its own ice rink, the Bradbury Building, and the Los Angeles Public Library. 

Community Explorer

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