446 S Bonnie Brae Street, Los Angeles, CA 90057

• 8 beds
• 4,835 sqft

Property Description

Rare development opportunity, LAR4-1 zoning, TOC Tier 3 designation, steps from MacArthur Park Metro Station. 7,870 SF rectangular lot. Est. ~33 buildable units with a density bonus, increased FAR, and potentially eliminated parking per AB 2097, subject to City review and independent verification. Existing improvements: 4-unit residential building built 1921 (approx. 4,835 SF). Sold strictly AS-IS. Owner-occupied unit delivered vacant at close of escrow. Three units tenant-occupied and subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and California's Tenant Protection Act (AB 1482). All three tenancies transfer to the buyer at close of escrow. Unit 3 currently operates as a licensed family daycare home. SB 234 protections may apply. Buyer strongly advised to retain qualified RSO and land use legal counsel prior to making an offer. All development figures are estimates only. Buyer to independently verify all assumptions with a licensed architect and the City of Los Angeles. Seller and listing brokerage make no guarantees regarding development potential, tenant status, or future financial performance. Equal Housing Opportunity.

Listing Status:

Active

Date Added:

July 8, 2026

Data Last Updated:

July 29, 2026 at 4:09PM

Listing Office:

Coldwell Banker Envision : 562-461-0233

Listing Agent:

Edit Benyi : 310-967-9156

MLS ID:

CL26857199

Interior

• A/C: No Air Conditioning
• Heating: Wall Furnace

Exterior

• Parking: OtherParking spaces: 0

Location

• County: Los Angeles

Lot

• Zoning: LAR45154024008