1978 Bonsallo Avenue, Los Angeles, CA 90007

• 3,456 sqft

Property Description

6.4% CURRENT CAP RATE | FULLY RENOVATED & STABILIZED 6-UNIT IN USC DPS PATROL ZONE | SIGNIFICANT RENTAL UPSIDE! 1978 Bonsallo presents a rare opportunity to acquire a fully renovated, stabilized 6-unit asset in one of Los Angeles' most reliable student housing markets. While the property is already performing at a 6.4% cap rate, it offers meaningful upside through organic rent growth, as rents are slightly below market creating immediate potential for increased income. Ideally positioned near USC and Mount St. Mary's University, the property features charming Cape Cod-style architecture (originally built in 1923) across two structures, with an excellent unit mix: (1) detached 3BD/2BA home, (2) 2BD/1BA units, (1) 1BD/1BA, and (2) large studios, a highly desirable layout for student and young professional tenants. Each unit has been extensively renovated, showcasing brand new kitchens, designer-finished bathrooms, hardwood-style flooring, and fresh interior paint, all paired with efficient, functional floor plans that maximize rentability and long-term tenant appeal. The property spans approximately 3,456 SF on a quiet, tree-lined street in a sought-after rental pocket. Located less than a mile from USC, minutes to USC Village, and with easy access to Downtown LA, LA Live, and Cryp

Listing Status:

Active

Date Added:

March 24, 2026

Data Last Updated:

April 1, 2026 at 7:08PM

Listing Office:

Keller Williams Larchmont : 323-762-2600

Listing Agent:

Vinnie Park : 213-332-9045

MLS ID:

CL26669083

Interior

• Heating: Wall Furnace

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: LARD1.55124033013