NOT LISTED FOR SALE

702 N Bonnie Brae St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,125,059 - $1,201,000

2 Beds
3 Baths
1,830 Sq Ft
$642/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $1,130,700 $618 Per Sq Ft

Current estimated payment $6,422/month

83 Days on Market

About This Home

As of May 2024

This Craftsman style triplex, situated in the thriving hills of Echo Park, provides an appealing home or investment opportunity. The upstairs unit at 702 N Bonnie Brea features a patio deck with treetop views and hardwood floors in its 2 bed/1bath layout. Additionally, 1763 Clinton St. boasts a fireplace, while 1765 Clinton St., the larger of the side-by-side singles, is positioned on a fenced corner lot with a low-maintenance yard, common areas, and a community laundry room. Tailored for investors or those contemplating a 1031 exchange, this property is located in one of LA's most sought-after Eastside neighborhoods. In close proximity to vibrant nightlife, residents can easily access a variety of local restaurants. Furthermore, the location offers convenient access to outdoor activities, including Echo Park Lake, Dodger Stadium, and Elysian Park hiking trails. Positioned within Los Angeles, the property provides seamless connections to both downtown and the dynamic Echo Park/Silver Lake communities on either side.

Last Agent to Sell the Property

Luisa Ferrante

Sotheby's International Realty License #01281479 Listed on: 02/01/2024

Co-Listed By

Franca Porras

Sotheby's International Realty License #01909282

Last Buyer's Agent

Maureen Pearson

MAISONRE License #02072815

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 1922

Lot Details

  • 4,044 Sq Ft Lot

Interior Spaces

  • 1,830 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gardener
  • The owner pays for water
  • Assessor Parcel Number 5404-009-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,901

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1830
  • Lot Acreage: 0.0928
  • Probate: No
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 628.42

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Street
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 45.02
  • Assessed Improvement Value: 94854
  • Assessed Land Percent: 54.98
  • Assessed Land Value: 115856
  • Total Assessed Value: 210710
  • Assessor Parcel Number: 5404-009-014
  • Lot Size Area: 4044

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.82
  • Number Of Units: 3
  • Total Annual Expense: 3600
  • Type Of Units: 1
  • Vacancy Rate: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 26, 2024
Sold by
Bueno Romeo
Bought by
Shape Kathleen
Seller's Agent
Luisa Ferrante
Sotheby's International Realty
Buyer's Agent
Maureen Pearson
MAISONRE
List Price
$1,165,000
Sold Price
$1,130,700
Premium/Discount to List
-$34,300
-2.94%
Views
78
Current Estimated Value
$1,128,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,916
Avg. Annual Appreciation
3.03%
Original Mortgage
$904,560
Outstanding Balance
$892,681
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$281,334

Purchase Details

Closed on
Dec 9, 2016
Sold by
Bueno Romeo
Bought by
Bueno Romeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2003
Sold by
Bueno Romeo
Bought by
Bueno Romeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1999
Sold by
Bueno Marissa
Bought by
Bueno Romeo and Bueno Charalene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,410
Interest Rate
7.66%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shape Kathleen $1,131,000 Priority Title Company
Bueno Romeo -- First American Title Company
Bueno Romeo -- Placer Title
Bueno Romeo $145,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shape Kathleen $904,560
Previous Owner Bueno Romeo $645,000
Previous Owner Bueno Romeo $450,000
Previous Owner Bueno Romeo $348,000
Previous Owner Bueno Romeo $36,000
Previous Owner Bueno Romeo $262,500
Previous Owner Bueno Romeo $148,410
Previous Owner Bueno Marissa $136,500
Previous Owner Bueno Marissa $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $1,130,700 -1.7% $618 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $1,150,000 -1.3% $628 / Sq Ft
02/01/2024 02/01/24 For Sale $1,165,000 -- $637 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $2,901 $1,153,620 $714,000 $439,620
2024 $2,901 $214,924 $118,173 $96,751
2023 $2,850 $210,710 $115,856 $94,854
2022 $2,724 $206,580 $113,585 $92,995
2021 $2,683 $202,530 $111,358 $91,172
2019 $2,607 $196,525 $108,056 $88,469
2018 $2,579 $192,673 $105,938 $86,735
2016 $2,451 $185,193 $101,825 $83,368
2015 $2,418 $182,412 $100,296 $82,116
2014 $2,445 $178,840 $98,332 $80,508
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Luisa Ferrante

    Sotheby's International Realty

    Section Image
  • Franca Porras

    Seller Co-Listing Agent in 2024

    Franca Porras

    Sotheby's International Realty

    (323) 804-7837

    1 in this area

    16 Total Sales

    Section Image
  • Maureen Pearson

    Buyer's Agent in 2024

    Maureen Pearson

    MAISONRE

    (818) 235-4449

    4 in this area

    26 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-354161

The MLS

APN: 5404-009-014

California Los Angeles County Los Angeles 90026 Echo Park

702 N Bonnie Brae St, Los Angeles, CA

This home is located at 702 N Bonnie Brae St, Los Angeles, CA 90026 since 01 February 2024 and is currently estimated at $1,174,015, approximately $641 per square foot. This property was built in 1922. 702 N Bonnie Brae St is a home located in Los Angeles County with nearby schools including Virgil Middle School, Belmont High School, and Academic Leadership Community Miguel Contreras Learning Complex.

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes