1978 Bonsallo Ave Los Angeles, CA 90007
University Park NeighborhoodEstimated payment $10,120/month
About This Home
6.3% CURRENT CAP RATE | FULLY RENODED 6 UNIT IN USC DPS PATROL ZONE | MAJOR UPSIDE 1978 Bonsallo presents a rare opportunity to acquire a beautifully renovated, stabilized 6 unit asset ideally positioned for student housing demand near USC and Mount St. Mary's University. Showcasing Cape Cod-style architecture (originally built in 1923), the property features two structures and an excellent unit mix: (1) detached large 3BD/2BA house, (2) spacious 2BD/1BA, (1) 1BD/1BA, and (2) large studiosa layout that supports strong rentability and long-term tenant appeal. Each unit has been thoughtfully updated with brand new kitchens, designer finished bathrooms, new hardwood style flooring, and interior paint, all complemented by efficient, functional floor plans. The property totals approximately 3,456 SF and sits on a tranquil, tree-lined street in a highly sought-after rental pocket. Conveniently located less than a mile to USC, a short ride to USC Village, and close to Downtown LA destinations including LA Live and Crypto.com Arena. Enjoy walkable access to the Expo Line and quick connectivity to the 10 & 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). A standout investment for buyers seeking a renovated, income producing asset with strong current returns and future upside in one of LA's most consistent rental markets.
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
- 6,244 Sq Ft Lot
- Guest House
Community Details
- 2 Buildings
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 5124-033-013
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/25/2026 01/25/26 | For Sale | $1,749,800 | +113.4% | $506 / 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 |
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 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $640,000 | Commercial |
Source: The MLS
MLS Number: 26642971
APN: 5124-033-013
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