$1,500,000

Estimated payment $9,351/month

8 Beds
12 Baths
8,506 Sq Ft
$176 Price per Sq Ft

About This Home

As the exclusive listing agent, I'm pleased to offer for sale a 12-unit apartment community located at 746 South Bonnie Brae Street. The subject property is located south of Wilshire Boulevard and east of Alvarado Street. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Downtown Los Angeles. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 7,511 square foot parcel, the property is comprised of four studio units and eight one-bedroom units. The property has 42% remaining rental upside through unit renovations. 746 South Bonnie Brae Street offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 746 South Bonnie Brae Street an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS

Listing Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 10/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 7,511 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • Uncovered Parking

Interior Spaces

  • 8,506 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 12 Bathrooms

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5142-006-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 8506
  • Lot Acreage: 0.1724
  • Lot Dimensions: 50x150
  • Stories: 2
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 176.35

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Uncovered

Lot Info

  • Assessed Improvement Percent: 32.58
  • Assessed Improvement Value: 388531
  • Assessed Land Percent: 67.42
  • Assessed Land Value: 803866
  • Total Assessed Value: 1192397
  • Assessor Parcel Number: 5142-006-008
  • Lot Size Area: 7511

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 8.85
  • Number Of Units: 12
  • Type Of Units: Residential

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 For Sale $1,500,000 -- $176 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25612223

The MLS