1978 Bonsallo Ave Los Angeles, CA 90007
University Park NeighborhoodEstimated payment $9,498/month
Highlights
- Laundry Facilities
- Rectangular Lot
- 2-minute walk to Estrella Park
About This Home
We are pleased to present 1978 Bonsallo Avenue, a 6-unit multifamily investment opportunity in University Park, Los Angeles. Built in 1923, the two-story, 3,456 SF building sits on a 6,244 SF lot one block south of the I-10 — roughly a mile north of the USC campus and Exposition Park and two miles from Downtown Los Angeles, in one of the most renter-dense pockets in the city.
The property offers a well-balanced mix of one 3-bed / 2-bath, two 2-bed / 1-bath, one 1-bed / 1-bath and two studio units. Interiors have been renovated with new shaker cabinetry, stone-look counters, stainless appliances, luxury vinyl plank flooring and updated tiled baths; gas and electricity are separately metered to each unit, and a large front parking court and rear balcony complete the offering.
Average in-place rent of $2,115 sits well below market — pro forma rents of $2,441 represent roughly 15% upside on natural turnover. Offered at $1,500,000 ($250,000 per unit, $434.03 per SF), the asset delivers a 7.02% in-place cap rate growing to 8.46% pro forma and a 9.85 GRM, with demand anchored by USC, Exposition Park and Downtown's 325,000 jobs.
Listing Agent
Lyon Stahl Investment Real Est Brokerage Email: ryan.gonzalez@lyonstahl.com License #01874815 Listed on: 09/16/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,244 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,456 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Full Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 1
- Assessor Parcel Number 5124033013
- $610 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,492
- Fuel Expense $1,492
- Insurance Expense $3,629
- Professional Management Expense $7,441
- Trash Expense $1,493
- Water Sewer Expense $1,493
- Operating Expense $43,560
- Gross Income $152,305
- Net Operating Income $105,256
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,364 | $1,009,705 | $754,378 | $255,327 |
| 2025 | $12,364 | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2026 09/16/26 | For Sale | $1,500,000 | +82.9% | $434 / 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,350,000 | Commercial | |
| Closed | $822,900 | Commercial | |
| Closed | $250,000 | Stand Alone Second | |
| Closed | $640,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26202470
APN: 5124-033-013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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