Request More Info
Schedule a Showing
Share
Print
|
This updated 7-unit multifamily at 1701 S Bonnie Brae St offers a strong mix of (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, and (2) 2-Bed/2-Bath units delivered fully occupied and generating immediate income at 10.64 GRM and 6.51% Cap rate, with renovated interiors across a prime urban lot. Ideal for both owner-users and investors seeking cash flow and scalable value-add in vibrant Pico-Union. Renovated units feature modern upgrades, including luxury vinyl plank flooring, updated kitchens, remodeled bathrooms, ceiling fans, fresh paint, and living room fireplaces. The property offers pet-friendly appeal, air conditioning, included refrigerators, and optional assigned parking. Excellent value-add potential through 29% rental upside to stabilize at 8.25 GRM and 8.87% Cap rate, with opportunities to optimize rents amid strong LA multifamily demand and low vacancy trends. Current Management is offering to continue a 3% Fee for NEW Owners!! Situated in the Pico-Union/Westlake location with easy access to I-10/110 Freeways, Downtown LA, USC, Koreatown, and employment hubs like Sony, Apple, HBO, Google, and Meta, this property blends turnkey income with future appreciation in one of Los Angeles's most accessible rental markets. 1701 S Bonnie Brae St delivers immediate yields and long-term hold potential.
Property Type(s):
Residential Income
| Last Updated | 2/3/2026 | Year Built | 1902 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AREA | C16 - Mid Los Angeles |
|---|---|
| GARAGE | Yes |
| LOT | 6382 sq ft |
| LOT DIMENSIONS | 6380 |
| PARKING | Assigned, On Site, Private |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email