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2101 Bonsallo Ave 6 Unit Apartment Building $2,695,000 ($449,167/Unit) 8.48% Cap Rate Los Angeles, CA 90007
EXECUTIVE SUMMARY
The subject property is centrally located, offering quick access to premium entertainment such as The LA Memorial Coliseum and The Natural History Museum. The property is located within the USC patrol zone which provides access to a strong student rental market. The building has a mix of 4 four-bedroom, and 2 two-bedroom units. Four of the six units have been completely remodeled with brand new electrical, plumbing, and mechanical. These units are also completely sub-metered for gas, electrical, and water (RUBS - billed to tenants) resulting in an extremely low utility expense which is rare in the Los Angeles market. Due to the renovations, the expense profile of the property is extremely low, and will allow for strong cash flow immediately. The four renovated units are fully leased by students for the 2025-2026 academic school year through the summer of 2026.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$285,180
|
$32.71
|
| Other Income |
$1,800
|
$0.21
|
| Vacancy Loss |
$8,555
|
$0.98
|
| Effective Gross Income |
$278,425
|
$31.94
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$49,855
|
$5.72
|
| Net Operating Income |
$228,570
|
$26.22
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $285,180 |
| Annual Per SF | $32.71 |
| Other Income | |
|---|---|
| Annual | $1,800 |
| Annual Per SF | $0.21 |
| Vacancy Loss | |
|---|---|
| Annual | $8,555 |
| Annual Per SF | $0.98 |
| Effective Gross Income | |
|---|---|
| Annual | $278,425 |
| Annual Per SF | $31.94 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $49,855 |
| Annual Per SF | $5.72 |
| Net Operating Income | |
|---|---|
| Annual | $228,570 |
| Annual Per SF | $26.22 |
PROPERTY FACTS
| Price | $2,695,000 | Apartment Style | Low-Rise |
| Price Per Unit | $449,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 8.48% | Building Size | 8,718 SF |
| Gross Rent Multiplier | 9.45 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1909/2024 |
| Property Subtype | Apartment | Parking Ratio | 0.17/1,000 SF |
| Zoning | RD, Los Angeles | ||
| Price | $2,695,000 |
| Price Per Unit | $449,167 |
| Sale Type | Investment |
| Cap Rate | 8.48% |
| Gross Rent Multiplier | 9.45 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,718 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1909/2024 |
| Parking Ratio | 0.17/1,000 SF |
| Zoning | RD, Los Angeles |
AMENITIES
UNIT AMENITIES
- Balcony
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Online Services
- Walk-Up
- Smoke Detector
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Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (88)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 5124-031-017 | Improvements Assessment | $663,000 |
| Land Assessment | $994,500 | Total Assessment | $1,657,500 |
PROPERTY TAXES
Parcel Number
5124-031-017
Land Assessment
$994,500
Improvements Assessment
$663,000
Total Assessment
$1,657,500
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2101 Bonsallo Ave
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