Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    114 N Bonnie Beach Place East Los Angeles, CA 90063

    View on Map
    Claim this Listing
    For Sale
    $1,900,000

    Land/Lot - East Los Angeles, CA

    Lot size:
    36,290.00 Acres
    Added:
    Aug 23, 2025
    Days on Market:
    234
    Last Refresh:
    Apr 13 at 2:06 pm

    Property Features for 114 N Bonnie Beach Place

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    LCC3-R2*
    Exterior features
    Community Features Included: Curbs
    Standard status
    Active
    APN
    5233013058
    Lot size
    36,290.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Eli Strickland
    Eli Strickland

    Listing agent Eli Strickland License #01991218

    Listing office RE/MAX INNOVATIONS 279 E ARROW HWY SUITE #103, San Dimas, CA

    Listing date Aug 23, 2025

    MLS# CV25190159 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Los Angeles Hillside View Property

    Located in the heart of East Los Angeles, this property at 114 N Bonnie Beach Place presents a rare opportunity for builders, developers, and contractors. The hillside view lot spans 36,290 sq. ft. and includes a 1 bedroom, 1 bathroom structure totaling 1,260 sq. ft., offering possibilities for redevelopment or expansion. The property features dual access from both Bonnie Beach Place and 1st Street, increasing flexibility for future plans. Zoned R2, the upside potential is substantial, whether for multifamily development, expansion, or creating a custom dream estate. Adjoining parcels are also being offered separately, with the option to bundle for a combined 60,738 sq. ft. of land, making this a one-of-a-kind investment or development opportunity in East LA. The lot size is approximately 0.83 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    East Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.1804681
    Latitude
    34.0364218

    Nearby Similar for Sale

    • $995,000
      2,755 SF

      East Los Angeles Automotive Property

      Automotive and tire business on a large lot.
      1244 S Atlantic, East Los Angeles, CA 90022
      View Details
    • $799,900
      2,377 SF

      East Los Angeles Triplex Opportunity

      Triplex in East Los Angeles with owner-occupancy potential.
      4416 Triggs, East Los Angeles, CA 90040
      View Details
    • $649,000
      1,680 SF

      East Los Angeles Duplex Opportunity

      Duplex with refreshed units, ample parking, and income potential.
      1052 S Herbert, East Los Angeles, CA 90023
      View Details
    • $1,398,000
      3,810 SF

      East Los Angeles Multifamily Investment

      Multifamily property in East Los Angeles with income potential.
      3733 Bostwick St, East Los Angeles, CA 90063
      View Details
    • $749,000
      1,312 SF

      Updated Duplex in City Terrace

      Well-maintained duplex with modern upgrades in a desirable location.
      4185 City Terrace, East Los Angeles, CA 90063
      View Details
    • $945,000
      3,566 SF

      East Los Angeles Investment Opportunity

      Six-unit property with rental upside on a 13,000+ sq. ft. lot.
      459 S Sydney Drive, East Los Angeles, CA 90022
      View Details
    • $749,900
      2,206 SF

      East Los Angeles Triplex Opportunity

      Three-unit property on a large lot with solar panels.
      2683 E Marengo Street, East Los Angeles, CA 90033
      View Details
    • $1,150,000
      3,720 SF

      East Los Angeles Triplex Investment

      Fully leased triplex near freeways, universities, and Downtown LA.
      3844 Whiteside Street, East Los Angeles, CA 90063
      View Details
    • $500,000
      1,250 SF

      Medical Office in East Los Angeles

      Well-maintained medical office space in a high-traffic location.
      6513 Whittier Blvd, East Los Angeles, CA 90022
      View Details
    • $699,000
      1,553 SF

      East Los Angeles Triplex Investment

      Triplex in East Los Angeles near shops and freeways.
      606 S Kern Avenue, East Los Angeles, CA 90022
      View Details
    • $1,000,000
      3,108 SF

      East Los Angeles Triplex Opportunity

      Triplex in East Los Angeles with commercial potential.
      5609 E Beverly Boulevard, East Los Angeles, CA 90022
      View Details
    • $1,695,000
      7,904 SF

      East Los Angeles Office Building

      7,904 SF office building in a high-traffic location.
      920 S Atlantic Blvd, East Los Angeles, CA 90022
      View Details

    FAQs

    What type of property is this?
    Land - Rare 36,290 sq. ft. hillside view property in East Los Angeles.
    Where is this land located?
    The property is located at 114 N Bonnie Beach Place East Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Large 36,290 sq. ft. hillside view property in East Los Angeles.; R2 zoning allows for multifamily development, expansion, or custom estate.; Dual access from Bonnie Beach Place and 1st Street.
    (909) 910-6654
    We can help!
    Listing Contact
    Eli Strickland
    Eli Strickland
    Real Estate License ID: 01991218
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!