NOT LISTED FOR SALE

1411 S Bonnie Brae St Los Angeles, CA 90006

Pico-Union Neighborhood
8 Beds
7 Baths
4,380 Sq Ft
6,366 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $1,225,000 $280 Per Sq Ft

71 Days on Market

About This Home

As of May 2019

Bonnie Brae is a well maintained seven unit apartment complex. This multifamily property offers an investor excellent upside potential with consistent cash flow taking advantage of the tight Los Angeles rental market. This property was built in 1951 and has 4,380 square feet ofmultifamily units on a 6,366 square foot lot.This subject property has a unique mix of one two-bedroom / one-bath unit, five one-bedroom / one-bath units, and one single / one-bath unit.Furthermore, parking spaces are available in the rear of the apartment. Residents of this apartment will have easy access into multiple communities nearby like Koreatown, Downtown Los Angeles, and USC. Within a short drive are premier shopping locations and popular destinations.

Last Agent to Sell the Property

Elliot Hassan

NorthMarq Realty Services, Inc. License #01481211 Listed on: 02/05/2019

Last Buyer's Agent

Edna Ghermezian

Keller Williams Beverly Hills License #01080430

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,366

Parking

  • 7 Parking Spaces

Home Design

  • 4,380 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Additional Features

  • 6,366 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5135-007-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4380
  • Year Built: 1951
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Price Per S Q F T: 291.10

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 7

Utilities

  • Cooling: Wall Unit(s)
  • Water Expense: 4151.00

Fee Information

  • Insurance Expense: 1752.00
  • Maintenance Expense: 3500.00
  • Management Expense: 3037.00
  • Other Expense: 873.00
  • Trash Expense: 1505.00

Lot Info

  • Assessed Improvement Value: 221862
  • Assessed Land Value: 373378
  • Assessor Parcel Number: 5135-007-014
  • Geocode Override: No
  • Lot Size Area: 6366

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.47
  • Number Of Units: 7
  • Total Annual Expense: 32667
  • Type Of Units: Income
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 15249.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $1,225,000 -3.9% $280 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $1,275,000 +131.8% $291 / Sq Ft
06/07/2012 06/07/12 Sold $550,000 -12.0% $126 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $625,000 -- $143 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Elliot Hassan

    Seller's Agent in 2019

    Elliot Hassan

    NorthMarq Realty Services, Inc.

    (213) 943-1800

    37 Total Sales

    Elliot Hassan
    Section Image
  • Edna Ghermezian

    Buyer's Agent in 2019

    Edna Ghermezian

    Keller Williams Beverly Hills

    (310) 466-3366

    3 Total Sales

    Edna Ghermezian
    Section Image
  • Jeannette Lizarraga

    Seller's Agent in 2012

    Jeannette Lizarraga

    Century 21 Allstars

    (323) 309-8896

    4 Total Sales

    Jeannette Lizarraga
    Section Image

  • I

    Seller Co-Listing Agent in 2012

    Ignacio Gutierrez

    Pak Home Realty

    (562) 619-3302

    15 Total Sales

    Ignacio Gutierrez
    Section Image

  • O

    Buyer's Agent in 2012

    Out of Area Out of Area

    Out of Area

See All Agents

Map

Source: The MLS

MLS Number: 19-431428

The MLS
California Los Angeles County Los Angeles 90006 Pico-Union

1411 S Bonnie Brae St, Los Angeles, CA

This home is located at 1411 S Bonnie Brae St, Los Angeles, CA 90006 since 05 February 2019. This property was built in 1951. 1411 S Bonnie Brae St is a home located in Los Angeles County with nearby schools including Magnolia Avenue Elementary School, Berendo Middle, and West Adams Preparatory High School.

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