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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,749,800

Est. payment - /mo

7 Beds

4 Baths

3,456 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,456 sqft

Price per Sqft $506

MLS Listing ID 26642971

Bedrooms 7

HOA Y/N No

Year Built 1923

Lot Size 6,242 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Rooms

Other Rooms Guest House

Interior

Heating Wall Furnace

Fireplace No

Appliance Microwave, Refrigerator

Exterior

Parking Features Assigned

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

Additional Building Guest House

New Construction No

Others

Senior Community No

Tax ID 5124033013

Special Listing Condition Standard

Read Less Info

Listed by Vinnie Park Keller Williams Larchmont

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1978 Bonsallo AVE Los Angeles, CA 90007