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6-Unit Apartment Building
New
For Sale
$1,199,000

221 S Bonnie Brae, Los Angeles, CA 90057

Fully occupied multifamily property with individual utility metering, parking, and shared laundry facilities.

Property Size4,411 SF
Price / SF$271.82
Days on Market6

Property Features for 221 S Bonnie Brae

General Information

Standard status Active
Size 4,411 SF
Property subtype Apartment
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 6

Amenities

Common area laundry

Building Details

Building Size 4,411 SF
Year Built 1949
Listing Agency: MIRA INIGO GONZAGA
Listed By: MIRA GONZAGA · License #01181708
Source: Carolinakramer
Added: Sep 8 Changed: Sep 13 Last Checked: Sep 13 at 8:51AM

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 MIRA INIGO GONZAGA

Investment Insights

Based on property information with market context.

Built in 1949, this six-unit apartment property is fully occupied and arranged on a lot extending from the street to the alley. Each unit has a dedicated water heater, electric meter, gas meter, and parking space. An updated electrical panel serves the building, while common-area laundry provides an additional income source.

The property is located west of Alvarado between Beverly Boulevard and West 3rd Street in Los Angeles. New building construction is situated next to the property, adding current development activity to the immediate setting.

Key Highlights

  • Six‑unit apartment property with all units occupied
  • Individual water heaters, electric meters, and gas meters for each unit
  • Parking provided for every unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Buffet Clothing & Fashion Store HVAC Service

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

6
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,096
Businesses Nearby

Demographics for 90057, CA

45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Fully occupied multifamily property with individual utility metering, parking, and shared laundry facilities.
Where is this apartment building located?
The property is located at 221 S Bonnie Brae Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Six‑unit apartment property with all units occupied; Individual water heaters, electric meters, and gas meters for each unit; Parking provided for every unit
More about this property
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