
1707 S Bonnie Brae St Los Angeles, CA 90006
Pico-Union NeighborhoodEstimated payment $9,900/month
About This Home
BROKERS OPEN - MAY 2nd from 10AM to 12PM!
First time on the MLS in over 21 years! Highest in place Cap Rate in town and a beautiful building. 1707 S Bonnie Brae is a large 5-Unit apartment building comprised of (4) 3-Bed/1-Bath units and a detached house that operates as a 3-Bed/1-Bath. 6 on-site Parking Spaces. Current in place 7.01% cap rate and 9.64 GRM, with upside to a 8.45% CAP and 8.19 GRM. This asset is ideal for any investor to cash flow on this beautiful asset.
Built in 1924, this unique property is a 4 unit apartment totaling 4,525 sq.ft, plus a large detached home of 1,829 sq.ft! Priced at only $240.64/Sq.Ft! All units have major appliances, hardwood floors, in-unit washer/dryers. This property has Sedona styled paving stones in Motor
Courtyard and walkways. Drought tolerant landscaping with Palm Trees, Juniper Vines and White Rose Garden. This property exudes character and is always rented with students, families, and young professionals who love this place!
1707 Bonnie Brae is located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 04/11/2025

Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 6,383 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Apartment
Interior Spaces
- 6,354 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 15 Bedrooms
- 5 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 1234
- Assessor Parcel Number 5135010009
- $1,133 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $46,674
- Gross Income $158,580
- Net Operating Income $107,149
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/06/2025 08/06/25 | Price Changed | $1,529,000 | +5.4% | $241 / Sq Ft |
07/08/2025 07/08/25 | Sold | $1,450,000 | -5.2% | $228 / Sq Ft |
05/30/2025 05/30/25 | Pending | -- | -- | -- |
04/11/2025 04/11/25 | For Sale | $1,529,000 | -- | $241 / Sq Ft |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25079511

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