Log In/Sign Up
Your email has been sent.
1044 N Bonnie Brae St
Los Angeles, CA 90026
Multifamily Property For Sale
·
15 Units
Investment Highlights
- Attractively priced at $209,375 per unit
- Significant rental upside potential for the savvy investor
- Perfectly located in the heart of Echo Park
- Standalone SFR with potential to be split from primary lot
- Professionally managed and upgraded by current owner
Executive Summary
1044 N. Bonnie Brae is a 16-unit multifamily gem tucked into the heart of Echo Park — and it's hitting the market for the first time since 2014. The offering pairs a 15-unit multifamily building fronting Bonnie Brae Street with a charming, separate 3-bedroom single-family residence on Park Avenue, close enough to catch views of Echo Park Lake.
Property Facts
| Price Per Unit | $223,333 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.14% | Lot Size | 0.18 AC |
| Gross Rent Multiplier | 10.42 | Building Size | 8,751 SF |
| No. Units | 15 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1922 |
| Zoning | R3 | ||
| Price Per Unit | $223,333 |
| Sale Type | Investment |
| Cap Rate | 6.14% |
| Gross Rent Multiplier | 10.42 |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 8,751 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1922 |
| Zoning | R3 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 2 | - | - |
| 3+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5404-002-015 | Improvements Assessment | $1,394,142 |
| Land Assessment | $1,514,327 | Total Assessment | $2,908,469 |
Property Taxes
Parcel Number
5404-002-015
Land Assessment
$1,514,327
Improvements Assessment
$1,394,142
Total Assessment
$2,908,469
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
