1978 Bonsallo, Los Angeles, CA 90007

• 6 beds |
• 5 baths

Property Description

We are pleased to present 1978 Bonsallo Avenue, a 6-unit multifamily investment opportunity in University Park, Los Angeles. Built in 1923, the two-story, 3,456 SF building sits on a 6,244 SF lot one block south of the I-10 roughly a mile north of the USC campus and Exposition Park and two miles from Downtown Los Angeles, in one of the most renter-dense pockets in the city. The property offers a well-balanced mix of one 3-bed / 2-bath, two 2-bed / 1-bath, one 1-bed / 1-bath and two studio units. Interiors have been renovated with new shaker cabinetry, stone-look counters, stainless appliances, luxury vinyl plank flooring and updated tiled baths; gas and electricity are separately metered to each unit, and a large front parking court and rear balcony complete the offering. Average in-place rent of $2,115 sits well below market pro forma rents of $2,441 represent roughly 15% upside on natural turnover. Offered at $1,500,000 ($250,000 per unit, $434.03 per SF), the asset delivers a 7.02% in-place cap rate growing to 8.46% pro forma and a 9.85 GRM, with demand anchored by USC, Exposition Park and Downtown's 325,000 jobs.

Listing Status:

Active

Date Added:

September 16, 2026

Data Last Updated:

September 22, 2026 at 9:11PM

Listing Office:

Lyon Stahl Investment Real Est : 310-425-9838

Listing Agent:

Ryan Gonzalez : 562-879-3206

MLS ID:

PW26202470

Exterior

• Pool: N/K

Location

• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Public Rec5124033013

Financial

• Source: California Regional MLS