1978 Bonsallo Ave, Los Angeles, CA 90007

The property features charming Cape Cod-style architecture originally built in 1923, arranged across two structures and configured as a 6-unit income asset. The unit mix includes one detached 3BD/2BA home, two 2BD/1BA units, one 1BD/1BA unit, and two large studios. Each unit has been extensively renovated with new kitchens, designer-finished bathrooms, hardwood-style flooring, and fresh interior paint, supported by functional layouts designed to maximize rentability and long-term appeal. The offering is described as fully renovated and stabilized, with approximately 3,456 SF total.

Located at 1978 Bonsallo Ave in Los Angeles, the property is positioned near USC and Mount St. Mary’s University. The remarks note it is less than a mile from USC and minutes to USC Village, with easy access to Downtown LA, LA Live, and Crypto.com Arena. Tenants benefit from walkable access to the Expo Line, and convenient connectivity to the 10 and 110 freeways. The asset is separately metered and sits within a Historic Preservation Overlay Zone (HPOZ), including placement in a USC DPS patrol zone.

For buyers seeking a turnkey, stabilized multifamily investment, the combination of extensive renovations, a student/young professional-oriented unit mix, and separate utilities can simplify operations and support day-to-day resident satisfaction. The current performance is described as approximately a 6.8% cap rate with meaningful near-term rental upside based on rents being slightly below market.