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Buy a propertyat 2101 Bonsallo Avenue, Los Angeles, CA 90007

$1,695,000

$1,950,000 (-13.08%)

$0/mo

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Multifamily

8,718 Sq. Ft.

8,847 Sq. Ft. lot

12 Bedrooms

0 Bathrooms

432 Days on market

23248483 MLS ID

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About 2101 Bonsallo Avenue property

2101 Bonsallo Ave is a 6 unit brick building built in 1909. All units are spacious and filled with Craftsman elements. Each unit has two bedrooms and one bathroom, plus individual laundry rooms, averaging 1,453 square feet per unit. The property is 8,718 square feet on a 8,847square foot lot. A prime value-add or student housing opportunity with rents approximately 41% under market. The property has a basement that could be turned into storage lockers for each unit generating additional revenue along with 1 tandem parking space that could be assigned to a unit for an additional monthly charge. Every unit has hardwood floors, beamed ceilings (with beam lights), plate rails, built-in china cabinets (with leaded art glass), picture rails, and built-in book cases. The upstairs units have balconies. From the Bonsallo side there is a spectacular view of the downtown skyline. 4 of the units are equipped with in-unit washer and dryers. The property is located in the desirable North University Park, providing easy access to a wide range of entertainment options and amenities. Having a walk score of 80, USC campus is just over a mile away and many stores for errands are just short breaths away. Downtown Los Angeles and Mid City are just short car rides as well, having easy access from close by freeway entrances. In addition, the property is located in the USC patrol zone. 3 Units to be delivered vacant (2 Units are currently vacant and 1 will be vacant by 7/1/2023). All offers to be written on a CAR (Residential Income Property Purchase Agreement) RIPA form.
2101 Bonsallo Ave is a 6 unit brick building built in 1909. All units are spacious and filled with Craftsman elements. Each unit has two bedrooms and one bathroom, plus individual laundry rooms, averaging 1,453 square feet per unit. The property is 8,718 square feet on a 8,847square foot lot. A prime value-add or student housing opportunity with rents approximately 41% under market. The property has a basement that could be turned into storage lockers for each unit generating additional revenue along with 1 tandem parking space that could be assigned to a unit for an additional monthly charge. Every unit has hardwood floors, beamed ceilings (with beam lights), plate rails, built-in china cabinets (with leaded art glass), picture rails, and built-in book cases. The upstairs units have balconies. From the Bonsallo side there is a spectacular view of the downtown skyline. 4 of the units are equipped with in-unit washer and dryers. The property is located in the desirable North University Park, providing easy access to a wide range of entertainment options and amenities. Having a walk score of 80, USC campus is just over a mile away and many stores for errands are just short breaths away. Downtown Los Angeles and Mid City are just short car rides as well, having easy access from close by freeway entrances. In addition, the property is located in the USC patrol zone. 3 Units to be delivered vacant (2 Units are currently vacant and 1 will be vacant by 7/1/2023). All offers to be written on a CAR (Residential Income Property Purchase Agreement) RIPA form.

Property details

Appliances & Equipment

Dryer

Bathrooms

6 total bathrooms

Bedrooms

12 total bedrooms

Building

2 total stories

Built in 1909

8,718 sqft living area

8718 total building sqft

Cooling

No cooling

Heating

No heating

Income

Gross Income: 154020

Net Operating Income: 112630

Interior Features

Ceiling Fan(s)

Listing

Listing ID: 23248483

148 days on market

Listed on 2023-03-07

Location

County: Los Angeles

Lot

8847 sqft

0.2031 acres

Area: 8847

Dimensions: 71x128

Property

Single building

6 units

Monthly cost

Estimated monthly cost

$10,801/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,593,300

+$50,850

$1,644,150

Seller agent commission$50,850 (3%)*

$0 (0%)

Buyer agent commission$50,850 (3%)*

$50,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 13, 2024 at 3:08 p.m.

Data updated: Aug 2, 2023 at 6:06 p.m.

Property listed by Compass, John Swartz
Based on information from California Regional Multiple Listing Service, Inc. as of 08/02/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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