$2,659,000
$41K PRICE DROP

1031 S Bonnie Beach Place Los Angeles, CA 90023

Estimated payment $16,343/month

Total Views 11,130
13 Beds
9 Baths
6,986 Sq Ft
$381 Price per Sq Ft

Highlights

  • Gated Community
  • Neighborhood Views
  • Laundry Room
  • James A. Garfield Senior High School Rated A
  • Walk-In Closet
  • Tankless Water Heater

About This Home

GREAT OPPORTUNITY NEW PRICE, NEW CONSTRUCTION 13 bedroom 9 bathrooms. Combined two buildings approx. 6.986 sf. Sited on Fenced 8.000 sf. Zoned LCR4. Two level 3 units: Front Unit #1031 have 5 bedrooms, 3 bathrooms, laundry room inside, long driveway 4 cars parking. Back building two units: Unit #1033-1 features 4 bedrooms, 3 bathrooms, laundry room inside, attached 2 cars garage and additional two cars uncovered parking space. Unit #1033-2 feature 4 bedrooms, 3 bathrooms, laundry room inside, attached 2 cars garage and additional 2 cars uncovered parking space. YEAR BUILT 2023 makes it perfect for any investor as well as little to no maintenance for years to come since the property is in new construction condition. Note: Separate water, gas and electrical meters. TENANTS PAY UTILITIES. Property easy access to FWY 710, 5, 60, 101, 10. ALL THE UNITS TENANTS OCCUPIED.

Listing Agent

Sergio Paz

Excellence RE Real Estate Brokerage Phone: 818-858-2120 License #01795025 Listed on: 09/23/2024

Co-Listing Agent

Jose Aguilar

Excellence RE Real Estate Brokerage Phone: 818-858-2120 License #01701899

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,884

Year Built

  • Built in 2023

Lot Details

  • 8,002 Sq Ft Lot
  • 1 Common Wall
  • Front Yard Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Raised Foundation

Interior Spaces

  • 6,986 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Walk-In Closet
  • 9 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 163
  • Tax Tract Number 1040
  • Assessor Parcel Number 5239019022
  • $954 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $173,400

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,884

Year Built

Built in 2023

Lot Details

0

Parking

4

Listing Details

  • Ad Number: 818-858-2120
  • Other Phone Description: 818-858-2120
  • Other Phone Number: 818-858-2120
  • Price Per Unit: 886333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: LCR4*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5239019022
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front Porch
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 380.62
  • Room Type: Walk-In Closet

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Sprinklers In Front
  • Lot Size Sq Ft: 8002.00
  • Lot Size Acres: 0.1837

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 173400.00
  • Gross Scheduled Income: 173400.00
  • Lot Size Area: 8002.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5313.01
  • Tax Lot: 163
  • Tax Tract Number: 01040
  • TaxOtherAnnualAssessmentAmount: 954.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,884 $1,546,998 $383,737 $1,163,261
2024 $19,884 $1,516,665 $376,213 $1,140,452
2023 $6,431 $461,045 $368,837 $92,208
2022 $6,135 $452,005 $361,605 $90,400
2021 $6,065 $443,143 $354,515 $88,628
2020 $6,109 $438,600 $350,880 $87,720
2019 $5,740 $430,000 $344,000 $86,000
2018 $5,469 $410,000 $320,000 $90,000
2016 $1,030 $41,365 $19,441 $21,924
2015 $1,016 $40,744 $19,149 $21,595
2014 $1,021 $39,946 $18,774 $21,172
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Price Changed $2,659,000 0.0% $381 / Sq Ft
12/31/2024 12/31/24 Price Changed $2,659,000 -1.5% $381 / Sq Ft
12/23/2024 12/23/24 For Sale $2,700,000 0.0% $386 / Sq Ft
12/23/2024 12/23/24 For Sale $2,700,000 0.0% $386 / Sq Ft
12/23/2024 12/23/24 Off Market $2,700,000 -- --
12/23/2024 12/23/24 Off Market $2,700,000 -- --
10/14/2024 10/14/24 For Sale $2,700,000 0.0% $386 / Sq Ft
09/23/2024 09/23/24 For Sale $2,700,000 0.0% $386 / Sq Ft
11/01/2023 11/01/23 Rented $5,300 0.0% --
10/05/2023 10/05/23 Under Contract -- -- --
09/14/2023 09/14/23 For Rent $5,300 0.0% --
04/18/2018 04/18/18 Sold $445,000 0.0% $422 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/03/2018 02/03/18 Off Market $445,000 -- --
01/15/2018 01/15/18 For Sale $440,000 -- $417 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $430,000 Orange Coast Title Company
Grant Deed $410,000 First American Title Company
Interfamily Deed Transfer -- --
Gift Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $307,000 Construction
Source: Public Records

Similar Homes in the area

  • 803 N Kingsley Dr, Los Angeles, CA 90029

    $2,499,000

    • 14 Beds
    • 18 Baths
    • 5,390 Sq Ft
    • 803 N Kingsley Dr
    • Los Angeles, CA

    Modern 4-Plex in Prime Hollywood | Seller Financing Available up to 50% or seller buy down of the interest rate to below 5%! Available! Exceptional investment opportunity in the heart of the Hollywood Studio District! Built in 2019, this well-maintained 4-plex features two side-by-side duplexes, each with two-story, townhome-style units. Each duplex offers one 4 bed / 4.5 bath unit and one 3 bed

    Jonathan Kim Equity Union

    Section Image
  • 203 W Opp St, Wilmington, CA 90744

    $2,145,000

    • 11 Beds
    • 10 Baths
    • 6,424 Sq Ft
    • 203 W Opp St
    • Wilmington, CA

    Prime Investment opportunity. Pride of ownership and a well-maintained 9-unit property in Wilmington is available for sale! The property offers a combined living space of 6424 sq ft. Situated on a generous 7234 square foot lot.The Unit mix is comprised of 7 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 1 two-bedroom/two-bath. Each unit provides comfortable living quarters. 5 of

    Freida Sanei BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    Section Image
  • 1031 S Bonnie Beach Place, Los Angeles, CA 90023

    $2,659,000

    • 13 Beds
    • 9 Baths
    • 6,986 Sq Ft
    • 1031 S Bonnie Beach Place
    • Los Angeles, CA

    GREAT OPPORTUNITY NEW PRICE. FULLY OCCUPIED. TOTAL 13 BEDROOMS AND 9 BATHROOMS. This beautiful triplex built in 2023. Big lot 8.000 sf. Zoned LCR4 Lot dimension 50x160 Located in East Los Angeles great rental area. Front unit #1031 are 5 beds 3 baths, laundry room inside, long driveway 4 cars parking. Back two units #1033-1 are 4 beds 3 baths, laundry room inside, attached 2 cars garage and

    Sergio Paz Excellence RE Real Estate

    Section Image
  • 668 Keenan Ave, Los Angeles, CA 90022

    $2,350,000

    • 14 Beds
    • 10 Baths
    • 5,659 Sq Ft
    • 668 Keenan Ave
    • Los Angeles, CA

    This stunning, contemporary four-unit complex, built in 2021, offers a unique opportunity in a family-friendly neighborhood at the border of Montebello and East Los Angeles. The property is situated within Montebello School District, making it an ideal location for families.The complex consists of two 4-bedroom, 3-bathroom units, and two 3-bedroom, 2-bathroom units, each with their own attached

    Powai Wong C21 Realty Masters

    Section Image
  • 2531 Folsom St, Los Angeles, CA 90033

    $2,349,000

    • 12 Beds
    • 16 Baths
    • 5,490 Sq Ft
    • 2531 Folsom St
    • Los Angeles, CA

    Great investment opportunity!! Built in 2023 newer 4 units, total of 12 bedrooms and 16 bathrooms in a great location! Very low-cost maintenance for the Landlord, with upgraded features. Two separate dwelling with two units each. Each unit has its own laundry area and central HVAC, each bedroom has its own full bath and separate meters for all utilities, for every unit. Solar system, Star energy

    Samuel Goh Coldwell Banker New Century

    Section Image
  • 1430 Pennsylvania Ave, Los Angeles, CA 90033

    $2,149,000

    • 14 Beds
    • 14 Baths
    • 5,888 Sq Ft
    • 1430 Pennsylvania Ave
    • Los Angeles, CA

    Fresh Back on The Market & With A Huge Price Improvement!!! Take a look at this amazing & excellent opportunity for an investor or an owner user wanting to live in one of the units and collect great rental income. This is a stunning ultra-modern 4-multiunit and ONE OF A KIND! Spectacular new construction fourplex, offers a perfect blend of modern luxury, convenience and all units offer amazing

    Jose Arana CENTURY 21 REALTY MASTERS

    Section Image
  • 1521 E 66th St, Los Angeles, CA 90001

    $2,200,000

    • 15 Beds
    • 8 Baths
    • 4,000 Sq Ft
    • 1521 E 66th St
    • Los Angeles, CA

    2025 NEW CONSTRUCTION with 2 UNITS NOW LEASED! (Unit 1) 4 Bed - 2 Bath Unit: $3,500. (Unit 2) 4 Bed - 2 Bath Unit: $3,500. 1521 E 66th Street is a 4-unit townhouse-style apartment building located in the ultra-hot Los Angeles neighborhood of Florence-Graham! Completed in 2025, this property is a two-story structure with a combined 4,000 SQFT of rentable space featuring a large 8-CAR GARAGE! The

    Daniel Alvarez American Team Properties

    Section Image
  • 4441 Avalon Blvd, Los Angeles, CA 90011

    $2,900,000

    • 13 Beds
    • 12 Baths
    • 6,677 Sq Ft
    • 4441 Avalon Blvd
    • Los Angeles, CA

    Major development opportunity on Avalon Blvd in South Los Angeles between Vernon and Slauson. Bread and butter investment while planning on capitalizing on the C2 zoning and TOC Tier 3 designation. The 5 separate standalone buildings total 6,677 SF, sit on 16,018 SF of land with 100 feet of frontage on Avalon Blvd and many parking spaces. The unit mix is 9 one bedrooms, 1 three bedroom SFR and 2

    Victor Migenes Property Concierge

    Section Image
  • 1315 Montana St, Los Angeles, CA 90026

    $3,000,000

    • 14 Beds
    • 10 Baths
    • 5,152 Sq Ft
    • 1315 Montana St
    • Los Angeles, CA

    OPPORTUNITY: Montana Hillside Apartments is an ideal fit for a long-term investor seeking a pride-of-ownership asset in one of L.A.'s most character-rich and walkable neighborhoods. Located just one block from the vibrant Sunset Blvd corridor and minutes from Dodger Stadium, the property offers unbeatable lifestyle access while maintaining a quiet, elevated residential setting. Eight of the ten

    Mark Ventre Lyon Stahl Investment Real Estate, Inc.

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24197999

California Regional Multiple Listing Service (CRMLS)

APN: 5239-019-022