NOT LISTED FOR SALE

1420 S Bonnie Brae St Los Angeles, CA 90006

Pico-Union Neighborhood
3 Beds
4 Baths
15,498 Sq Ft
6,856 Sq Ft Lot

Last Sold February 16, 2014

Last sale price $2,100,000 $136 Per Sq Ft

82 Days on Market

About This Home

As of February 2014

1415-1423 S. Burlington Ave & 1420 S. Bonnie Brae must be sold together. Properties have some deferred maintenance. Drive-by only, please do not disturb tenants. Buyer to do their own investigation as to the total number of non-conforming units. Close of escrow must be after 1/1/2014.1415-1423 Burlington Avenue Apartments is comprised of seven (7) legal and three (3) non-conforming units in approx 6,274 square feet of improvements on approx.14,295 square feet of land across two equally sized lots. The property features six (6) one-bedroom, one-bathroom units, and four (4) SRO-style units that are master metered for all utilities. Nine parking spaces and a storage unit.1420 Bonnie Brae Street Apartments is a three-story 27-unit reinforced brick building comprising of approx. 15,498 sq ft of improvements on approx. 6,856 sq ft lot. Unit mix is made up of eighteen (18) singles and nine (9) one-bedroom, one-bathroom units ranging from 400 to 600 square feet. Master metered for all

Last Agent to Sell the Property

Hooman Ghaffari

Iconic Investments License #01229985 Listed on: 10/23/2013

Last Buyer's Agent

Hooman Ghaffari

Iconic Investments License #01229985 Listed on: 10/23/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,856

Home Design

  • 15,498 Sq Ft Home

Parking

  • 9 Parking Spaces
  • 9 Covered Spaces
  • Driveway

Additional Features

  • 6,856 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 3 Buildings
  • 37 Units

Listing and Financial Details

  • Assessor Parcel Number 5135-006-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 15498
  • Manager Expense: 14820.00
  • Year Built: 1914
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 154.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 9
  • Parking Garage: Driveway
  • Total Parking: 9

Utilities

  • Heating: Forced Air
  • Water Expense: 60070.00

Condo/Co-op/Association

  • Professional Management: 16305.00

Fee Information

  • Insurance Expense: 9899.00
  • Maintenance Expense: 24000.00

Lot Info

  • Assessed Improvement Value: 104996
  • Assessed Land Value: 54435
  • Assessor Parcel Number: 5135-006-005
  • Geocode Override: No
  • Lot Size Area: 6856

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 7.36
  • Number Of Units: 37
  • Rent Control: 100
  • Total Annual Expense: 162141
  • Type Of Units: Apartments
  • Vacancy Rate: 95

Tax Info

  • Tax Expense: 32901.00

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
02/16/2014 02/16/14 Sold $2,100,000 -12.5% $136 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $2,400,000 -- $155 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Hooman Ghaffari

    Seller's Agent in 2014

    Hooman Ghaffari

    Iconic Investments

    (310) 993-7600

    5 Total Sales

    Hooman Ghaffari
    Section Image
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Map

Source: The MLS

MLS Number: 13-714237

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

1420 S Bonnie Brae St, Los Angeles, CA

This home is located at 1420 S Bonnie Brae St, Los Angeles, CA 90006 since 23 October 2013. This property was built in 1914. 1420 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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