Bonnie Brae Portfolio 4 Multifamily Properties Offered at $3,500,000 in Los Angeles, CA

First time on the market in over 25 years! Saxum West is pleased to present the Bonnie Brae Portfolio, a rare assemblage of four contiguous parcels with a total of eight (8) units, spanning approximately 25,006 square feet of land, situated at the corner of S Bonnie Brae Street and W 17th St. Together, the properties comprise 10,740 square feet of improvements, and include two SFR's, a 4-unit and a duplex, all set behind lush landscaping and mature palm trees that offer a rare tropical compound feel — rare within the urban core.
The four properties share a secure, private driveway with a motorized gate that runs behind the houses and provides parking for each house. The edge of the driveway is lined with trees and plants for privacy and security. Several units are family or owner-occupied and can be delivered vacant, providing value-add potential. The seller also owns 1300 Venice Blvd — the contiguous commercial property that completes the block from W 17th St to Venice Blvd — and is willing to consider including it in the sale if the buyer is interested.
Located within the Pico-Union / Westlake submarket, the property sits at the nexus of DTLA, Koreatown, and USC, just minutes from the LA Convention Center & Crypto.com Arena, Koreatown nightlife, dining & retail corridors, major transit and infrastructure improvements, and immediate connectivity to the 10, 110, and 101 Freeways. Surrounding development includes a wave of mid-rise multifamily projects, student housing conversions, and adaptive reuse ventures transforming the district’s historic residential fabric into a thriving live-work community.
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