$740,000

1242 S Bonnie Brae, Los Angeles, CA 90006

4 beds |
2 baths |
2,207 sqft

Single-Family Home
Built in 1903
5,624sqft lot
2 car garage
$335/sqft
Listed 1 month ago

Property Description

Located in the Highly sought after Alvarado Terrace Historic District of Pico Union, this 1900s Craftsman 5 bedroom 3 bath plus bonus room House awaits the creative Investor or Developer to restore it. Residence boast 2207 sq ft of living space on a lot of 5625 with a Detached two car garage that can potentially be developed into a Guest house or ADU . Used as a boarding house in the past , upon entering you are greeted by a long corridor with Two Independent Living Spaces on each side and enclosed by Large Double doors. Presently Tenant occupied ,each of these living spaces feature a 1bedroom ,living room, kitchen and bathroom . Upstairs you will find incredible sq footage featuuring 4 Large bedrooms and One full bathroom. Suggested After repair value (ARV) is 1.2 million ! Zoning is LARD1.5 Surrounded by Million dollar properties with Excellent Transit and just minutes away from Downtown Los Angeles ,Crypto Arena, Larchmont Village, Westlake Village and Hollywood ..location is prime. Probate sale and Not subject to Court confirmation

Listing Status:: Active
Date Added:: March 2, 2026
Data Last Updated:: March 4, 2026 at 3:19AM
Listing Office:: Realty One Group West : 949-783-2499
Listing Agent:: Jaime Mayorga : 949-783-2499
MLS ID:: OC26031169

Laundry: Outside
A/C: Wall/Window Unit(s)
Heating: Combination
Fireplace: None

General: None
Style: Craftsman
Pool: None
Parking: Parking spaces: 2

General: 2

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
School District: Los Angeles Unified
County: Los Angeles

Zoning: 5137034003
View: City LightsView

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Jaime Mayorga , Realty One Group West

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

10th Street Elementary School

1000 Grattan St, Los Angeles, CA, 90015

Grades 1-5

0.39 miles away

John Liechty Middle School

650 S Union Ave, Los Angeles, CA, 90017

Grades 6-8

0.82 miles away

West Adams Preparatory High School

1500 W Washington Blvd, Los Angeles, CA, 90007

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.