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5907 Bonsallo Ave 4 Unit Apartment Building Offered at $1,300,000 at a 9.31% Cap Rate Los Angeles, CA 90044



Investment Highlights
- Fully Vacant Four-Unit Asset
- Two units powered by fully paid solar
- Strong Stabilized Yield: Projected 9.31% cap rate,
- 2 Brand New Non-Rent Controlled ADU units
Executive Summary
5903–5905 Bonsallo Ave is a fully vacant four-unit multifamily property (inclusive of two ADUs) located in a high-demand South Los Angeles rental submarket. Built in 1923 and comprehensively renovated in 2025, the 3,232-square-foot building sits on a 5,625-square-foot lot and offers investors immediate lease-up, strong stabilized cash flow, and long-term income growth.The property consists of four total units: two primary 3BR/2BA units and two ADU 2BR/1BA units, all delivered 100% vacant, allowing a new owner to implement market rents without tenant relocation or buyouts. Two units are powered by fully paid solar, and two units feature tankless water heaters with in-unit laundry hookups, enhancing operational efficiency and tenant appeal.Offered at $1,300,000 ($325,000 per unit / $402 per SF), the asset is projected to operate at a 9.31% cap rate upon stabilization, supported by conservative underwriting and efficient operating expenses of approximately 19% of effective gross income. The ADU configuration provides income diversification and flexibility, positioning the property as a compelling cash-flowing investment with refinance and exit potential in a supply-constrained South LA market.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $325,000 | Building Size | 3,232 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| Cap Rate | 9.31% | No. Stories | 1 |
| Gross Rent Multiplier | 8.26 | Year Built/Renovated | 1923/2025 |
| No. Units | 4 | Parking Ratio | 0.93/1,000 SF |
| Property Type | Multifamily | ||
| Zoning | LAR2 | ||
| Price | $1,300,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| Cap Rate | 9.31% |
| Gross Rent Multiplier | 8.26 |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Size | 3,232 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built/Renovated | 1923/2025 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | LAR2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,887 | 704 |
| 3+2 | 2 | $3,668 | 912 |
1 1
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 6004-031-031 | Improvements Assessment | $109,242 |
| Land Assessment | $520,200 | Total Assessment | $629,442 |
Property Taxes
Parcel Number
6004-031-031
Land Assessment
$520,200
Improvements Assessment
$109,242
Total Assessment
$629,442
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5907 Bonsallo Ave
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