$1,725,000
7 Beds
4 Baths
3,456 Sq Ft
$499 Price per Sq Ft

About This Home

6.4% CURRENT CAP RATE | FULLY RENOVATED & STABILIZED 6-UNIT IN USC DPS PATROL ZONE | SIGNIFICANT RENTAL UPSIDE! 1978 Bonsallo presents a rare opportunity to acquire a fully renovated, stabilized 6-unit asset in one of Los Angeles' most reliable student housing markets. While the property is already performing at a 6.4% cap rate, it offers meaningful upside through organic rent growth, as rents are slightly below market creating immediate potential for increased income. Ideally positioned near USC and Mount St. Mary's University, the property features charming Cape Cod-style architecture (originally built in 1923) across two structures, with an excellent unit mix: (1) detached 3BD/2BA home, (2) 2BD/1BA units, (1) 1BD/1BA, and (2) large studios, a highly desirable layout for student and young professional tenants. Each unit has been extensively renovated, showcasing brand new kitchens, designer-finished bathrooms, hardwood-style flooring, and fresh interior paint, all paired with efficient, functional floor plans that maximize rentability and long-term tenant appeal. The property spans approximately 3,456 SF on a quiet, tree-lined street in a sought-after rental pocket. Located less than a mile from USC, minutes to USC Village, and with easy access to Downtown LA, LA Live, and Crypto.com Arena. Tenants also benefit from walkable access to the Expo Line and convenient connectivity to the 10 and 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). This is a turnkey, stabilized investment with strong in-place cash flow and clear, near-term rental upsideideal for investors seeking both security and growth in a high-demand Los Angeles submarket.

Listing Agent

Vinnie Park

Keller Williams Larchmont License #02015848 Listed on: 03/24/2026

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Additional Features

  • 6,246 Sq Ft Lot
  • Guest House

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5124-033-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

6,246 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3456
  • Lot Acreage: 0.1434
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Microwave, Refrigerator
  • Price Per S Q F T: 499.13

Exterior Features

  • Other Structures: GuestHouse

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 25.29
  • Assessed Improvement Value: 250321
  • Assessed Land Percent: 74.71
  • Assessed Land Value: 739587
  • Total Assessed Value: 989908
  • Assessor Parcel Number: 5124-033-013
  • Lot Size Area: 6246

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 11.82
  • Number Of Units: 6
  • Type Of Units: Residential

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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 $12,191 $989,908 $739,587 $250,321
2024 $12,191 $970,499 $725,086 $245,413
2023 $11,964 $951,470 $710,869 $240,601
2022 $11,421 $932,815 $696,931 $235,884
2021 $11,268 $914,525 $683,266 $231,259
2020 $11,379 $905,148 $676,260 $228,888
2019 $10,937 $887,400 $663,000 $224,400
2018 $8,044 $637,500 $408,000 $229,500
2016 $841 $39,709 $22,548 $17,161
2015 $834 $39,114 $22,210 $16,904
2014 $867 $38,348 $21,775 $16,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2026 03/24/26 For Sale $1,725,000 +110.4% $499 / Sq Ft
01/22/2018 01/22/18 Sold $820,000 -16.3% $237 / Sq Ft View Prior Sale
12/23/2017 12/23/17 Pending -- -- --
12/02/2017 12/02/17 For Sale $979,990 +19.5% $284 / Sq Ft
12/01/2017 12/01/17 Off Market $820,000 -- --
09/17/2017 09/17/17 Price Changed $979,990 -8.4% $284 / Sq Ft
07/10/2017 07/10/17 Price Changed $1,069,990 -2.7% $310 / Sq Ft
05/30/2017 05/30/17 For Sale $1,099,990 -- $318 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $870,000 Pacific Coast Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $640,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26669083

The MLS

APN: 5124-033-013

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