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1037 S Bonnie Brae St, Los Angeles, CA 90006
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1037 S Bonnie Brae St Los Angeles, CA 90006

$2,295,000
  • 4 Beds
  • 2 Baths
  • 3,524 Sq.Ft.
For Sale
$2,295,000 Get Pre-Qualified
Map preview of 1037 S Bonnie Brae St, Los Angeles, CA 90006

Property Overview: 1037 S Bonnie Brae St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 3,524 living square feet and 7,498 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 4 units property and being used as 7 units. 3 units are being rent out per room. Property is conveniently located in moments from downtown LA, Westlake MacArthur Park Metro. 8 blocks from downtown LA.

Listed by Tony Lee | BRE #01034072 | Elite Homes Realty
Last checked: 13 minutes ago | Last updated: February 10th, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
7,498
HOA Dues
$0/mo
Year built
1896
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
OC24026994
City
Los Angeles
County
Los Angeles
Time on Site
82 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,020
  • Total Rent: $1,020
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $935
  • Total Rent: $932
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $620
  • Total Rent: $620
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1,275,000
  • Net Operating Income: $102,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,500
  • Electric: $5,100
  • Gas/Fuel: $3,800
  • Trash: $5,100
  • Insurance: $5,500
  • Professional Management: $0
  • Water/Sewer: $6,000

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Property Details for 1037 S Bonnie Brae St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Converted Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 5136011016
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: South Bonnie Brae & West 11th Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1037 S Bonnie Brae St

Last sold on March 15th, 2007

  • February, 2024

  • Feb 7, 2024

    Date

    Active

    CRMLS: OC24026994

    $2,295,000

    Price

  • February, 2023

  • Feb 16, 2023

    Date

    Expired

    CRMLS: SB22163536

    $1,999,999

    Price

  • Jul 25, 2022

    Date

    Active

    CRMLS: SB22163536

    $1,999,999

    Price

  • Listing provided courtesy of CRMLS

    GREAT INVESTMENT OPPORTUNITY!!! Calling all investors! This amazing quadplex is located in a desirable pocket of Los Angeles right next to Westlake, Pico Union, Wilshire, Crypto arena, LA Live and many more. Live in one and rent out the rest!! passive income and great rental property!

  • July, 2022

  • Jul 12, 2022

    Date

    Canceled

    CRMLS: DW22059753

    $2,500,000

    Price

  • Mar 31, 2022

    Date

    Active

    CRMLS: DW22059753

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    This investment opportunity is a game changer! With tons of upside potential, this 4plex multifamily property is located near everything you need.

  • February, 2022

  • Feb 9, 2022

    Date

    Canceled

    CRMLS: 21106031

    $2,399,000

    Price

  • Nov 18, 2021

    Date

    Active

    CRMLS: 21106031

    $2,399,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity! 1307 S. Bonnie Brae is multi-unit building comprised of 1-2 bedroom and studio units. Conveniently located moments from Downtown LA, Westlake MacArthur Park Metro as well as a host of eateries, shops and conveniences.

  • November, 2021

  • Nov 20, 2021

    Date

    Canceled

    CRMLS: 21105547

    $2,399,000

    Price

  • Nov 10, 2021

    Date

    Active

    CRMLS: 21105547

    $2,399,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2021

  • Aug 9, 2021

    Date

    Active

    CRMLS: DW21173964

    $3,000,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2007

  • Mar 15, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2006

  • Aug 16, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1037 S Bonnie Brae St

Assessed Value (2020): $264,847
Year Land Value Improved Value Assessed Value
2020 $231,747 $33,100 $264,847

Home Value Compared to the Market

This property vs the competition

1037 S Bonnie Brae St is listed 85.68% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $651.25 per/sqft which puts the price per square foot 15.75% lower than the median price per square foot for the city of Los Angeles.

About 1037 S Bonnie Brae St

Detailed summary of property

1037 S Bonnie Brae St is a fourplex located in Los Angeles, CA 90006 and is currently for sale. This fourplex offers 4 bedrooms, 2 bathrooms, roughly 3,524 living square feet, and sits on an approximately 7,498 square foot lot. 1037 S Bonnie Brae St was first listed on ArdentRealEstateGroup.com on February 8, 2024. The homeowner is currently asking $2,295,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 85.68% higher than the median priced home. Local competing homes currently for sale include 2021 Miramar St, 318 Columbia Ave and 229 S Westlake Ave. While the average home in Los Angeles, CA is selling in 96 days, 1037 S Bonnie Brae St has a days on market of 66 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1037 S Bonnie Brae St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1037 S Bonnie Brae St

Public county record property details
Beds
6
Baths
4
Year built
1896
Sq. Ft.
3,524
Lot Size
7,495
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5136-011-016

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$611
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
31
Median Sale to List Price %
90.13%
Avg Days on Market
180
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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