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For Sale

$1,149,000

7,222 sqft$159/sqft58 days on market

221 S Bonnie Brae ST

Los Angeles, CA 90057

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

7,222

Square feet

1949

Built

Listing narrative

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 L.A. 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 electricity, gas, and features its own water heater per unit, 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.

Listing agent (MLS): MIRA GONZAGA · Listing brokerage (MLS): MIRA INIGO GONZAGA

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,149,000

Beds

Beds n/a

Type

Condo

Home Size

7,222 sqft

Baths

Baths n/a

Lot Size

0.17 acres

Year

1949

Status

For Sale

Days on Market

58

$ / Sqft

$159

· 8% down, 7% APR, 30yr fixed
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Courtesy of MIRA INIGO GONZAGA