$950,000

1617 S Bonnie Brae Street, Los Angeles, CA 90006

4 beds |
4 baths |
4,222 sqft

Multi-Family Home
Built in 1912
6,377sqft lot
—— car garage
$225/sqft
Listed 11 days ago

Property Description

Located within a small, privately held residential compound, 1617 S Bonnie Brae St presents an opportunity to acquire a four-unit, two-story multifamily property in a central Los Angeles location. Built in 1912, the property consists of four (4) very large 1BR/1BA units totaling approximately 4,222 square feet on a 6,377 square foot lot. The building is separately metered for electricity, with the landlord responsible for water only. Zoned RD1.5-1 and located within a Historic Preservation Overlay Zone (HPOZ) and TOC Tier 3, the property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). The property is currently tenant-occupied and generating approximately $5,300 in monthly gross rent, offering long-term rental upside for an investor willing to improve operations and address deferred maintenance. The property is part of a unique cluster of four contiguous parcels under common ownership, which may be purchased individually or together as a portfolio. All four parcels can be purchased together for $2,950,000. Buyer to independently verify square footage, unit mix, zoning, rent control applicability, permits, and all development or redevelopment potential. Ideally situated near DTLA, Koreatown, USC, and major transportation corridors. Note: interior photos were limited for privacy reasons as the property is occupied.

Listing Status:: Active
Date Added:: January 27, 2026
Data Last Updated:: February 7, 2026 at 10:19PM
Listing Office:: Saxum West : 310-595-9000
Listing Agent:: Joseph Bolognese : 310-422-3891
MLS ID:: 26644045

Flooring: CarpetTile
Heating: Wall Furnace
Fireplace: None

General: None
Style: Craftsman
Pool: None
Parking: ConcreteDrivewayUncoveredParking spaces: 3

Roofing: Shingle
General: 2

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LARD1.55135009014
View: City LightsTrees/WoodsView

Source: CRMLS_CL

Presented by Veterans United Realty

This listing courtesy of Joseph Bolognese , Saxum West

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Magnolia Avenue Elementary School

1626 Orchard Ave, Los Angeles, CA, 90006

Grades PK-5

0.32 miles away

Berendo Middle School

1157 S Berendo St, Los Angeles, CA, 90006

Grades 6-8

0.81 miles away

West Adams Preparatory High School

1500 W Washington Blvd, Los Angeles, CA, 90007

Grades 9-12

0.45 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.