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Two-Story Quadplex
For Sale
$950,000

1617 S Bonnie Brae St, Los Angeles, CA 90006

Tenant-occupied property with separately metered electricity and landlord-paid water service.

Property Size4,222 SF
Lot Size0.15 Acres
Price / SF$225.01
Days on Market190

Property Features for 1617 S Bonnie Brae St

General Information

Standard status Active
Size 4,222 SF
Lot size 0.15 Acres
Property subtype MULTI_FAMILY
Zoning RD1.5-1

Additional Details

Gross Income $63,600
Utilities to Site Yes

Building Details

Building Size 4,222 SF
Year Built 1912
Buildings 1
Stories 2
Tenancy Multi
Abandoned No
Listing Agency: Saxum West
Listed By: Joseph Bolognese · License #01966025
Source: Rochellemaize
Added: Jan 27 Changed: Aug 2 Last Checked: Aug 5 at 4:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Saxum West

Investment Insights

Based on property information with market context.

This 1912 multifamily property contains four 1BR/1BA units within a two-story building totaling approximately 4,222 square feet. The improvements sit on a 6,377-square-foot lot and are currently tenant-occupied. Electricity is separately metered for each unit, while the landlord is responsible for water service.

The property is zoned RD1.5-1 and falls within a Historic Preservation Overlay Zone and TOC Tier 3. It is also subject to the City of Los Angeles Rent Stabilization Ordinance. The address is near DTLA, Koreatown, USC, and major transportation corridors. It forms part of a group of four contiguous parcels held under common ownership, with the parcels available for individual or combined acquisition.

Key Highlights

  • Four 1BR/1BA units in a two‑story building
  • Approximately 4,222 square feet on a 6,377‑square‑foot lot
  • Built in 1912; currently tenant‑occupied

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Buffet Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6,451
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Tenant-occupied property with separately metered electricity and landlord-paid water service.
Where is this quadplex located?
The property is located at 1617 S Bonnie Brae St Los Angeles, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four 1BR/1BA units in a two‑story building; Approximately 4,222 square feet on a 6,377‑square‑foot lot; Built in 1912; currently tenant‑occupied
More about this property
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