1242 S Bonnie Brae, Los Angeles, CA 90006

• 4 beds |
• 2 baths |
• 2,207 sqft

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 featuring 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. Don't miss it, great opportunity for the right Investor. Owner motivated, open house coming soon. PLEASE DO NOT DISTURB TENANTS!!!

Listing Status:

Active

Date Added:

March 2, 2026

Data Last Updated:

June 12, 2026 at 11:17PM

Listing Office:

Realty One Group West : 949-783-2499

Listing Agent:

Jaime Mayorga : 949-783-2499

MLS ID:

OC26031169

Interior

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

Exterior

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

Construction

• General: 2

Location

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

Lot

• Zoning: 5137034003
• View: City LightsView

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM