Updated Multifamily Investment
1701 S Bonnie Brae St, Los Angeles, CA 90006
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Seven-unit multifamily property in Pico-Union/Westlake, Los Angeles.
Type:Multifamily
Property size:
5,037 SFPrice / SF:
$322/SF- Added:
- Feb 4, 2026
- Days on Market:
- 98
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1701 S Bonnie Brae St
General Information
- Standard status
- Active
- Size
- 5,037 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1902
Listing agent Cameron Samimi License #CA 02035763
Listing office Lyon Stahl Investment Real Estate (310) 259-7556
Listing date Feb 4, 2026
Source Crexi
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 Lyon Stahl Investment Real Estate
HighLights
- Fully occupied 7‑unit multifamily property generating immediate income with a 6.51% Cap rate.
- Significant value‑add potential with 29% rental upside, leading to an impressive 8.87% Cap rate.
- Prime Pico‑Union location with easy access to freeways, Downtown LA, USC, Koreatown, and major employment hubs.
- Mix of unit types (1‑Bed, 2‑Bed) with renovated interiors featuring modern upgrades.
- Includes 9 parking spaces, a valuable amenity in the area.
- Current management available to continue services for new owners at a 3% fee.
Overview
This updated seven-unit multifamily property is located at 1701 S Bonnie Brae St. The unit mix comprises three one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units, and two two-bedroom, two-bathroom units. The property is delivered fully occupied and generating immediate income. Renovated units feature modern upgrades, including luxury vinyl plank flooring, updated kitchens, remodeled bathrooms, ceiling fans, fresh paint, and living room fireplaces. The property offers pet-friendly appeal, air conditioning, included refrigerators, and optional assigned parking. There are nine parking spaces. Situated in the Pico-Union/Westlake location, the property has easy access to I-10/110 Freeways, Downtown LA, USC, Koreatown, and employment hubs like Sony, Apple, HBO, Google, and Meta. The property blends turnkey income with future appreciation in one of Los Angeles’s most accessible rental markets. The property size is 5037 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.2826
- Latitude
- 34.04199
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property in Pico-Union/Westlake, Los Angeles.
Where is this apartment building located?
The property is located at 1701 S Bonnie Brae St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Fully occupied 7‑unit multifamily property generating immediate income with a 6.51% Cap rate.; Significant value‑add potential with 29% rental upside, leading to an impressive 8.87% Cap rate.; Prime Pico‑Union location with easy access to freeways, Downtown LA, USC, Koreatown, and major employment hubs.
