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2101 Bonsallo Ave, Los Angeles, CA 90007
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2101 Bonsallo Ave Los Angeles, CA 90007

$2,995,000
  • 20 Beds
  • 11 Baths
  • 8,718 Sq.Ft.
For Sale
$2,995,000 Get Pre-Qualified
Map preview of 2101 Bonsallo Ave, Los Angeles, CA 90007

Property Overview: 2101 Bonsallo Ave Los Angeles, CA has 20 bedrooms, 11 bathrooms, 8,718 living square feet and 8,850 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: 2101 Bonsallo Avenue is a 6-unit multifamily asset located near the University of Southern California. The property is located within the USC patrol zone which provides access to a strong student rental market. The building has a mix of 4 four-bedroom units, and 2 two-bedroom units spread across 8,718 rentable square feet. Four of the six units have been completely remodeled with brand new electrical, plumbing and mechanical systems. These units are also completely sub-metered for gas, electrical, and water (RUBS - billed to tenants) resulting in an extremely low utility expense which is rare in the Los Angele market. The four renovated units are fully leased by students for the 2024-2025 academic school year through the summer of 2025.

Listed by Andres Diaz | BRE #01956479 | Keller Williams Downtown LA
Last checked: 11 minutes ago | Last updated: September 27th, 2024 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
8,850
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24445495
City
Los Angeles
County
Los Angeles
Time on Site
23 hours
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $5,300
  • Total Rent: $5,300
  • Pro Forma/Market Rent: $5,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,345
  • Total Rent: $5,345
  • Pro Forma/Market Rent: $5,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,120
  • Total Rent: $1,120
  • Pro Forma/Market Rent: $5,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,275
  • Total Rent: $5,275
  • Pro Forma/Market Rent: $5,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,134
  • Total Rent: $5,600
  • Pro Forma/Market Rent: $5,600
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,300
  • Total Rent: $5,300
  • Pro Forma/Market Rent: $5,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.96
  • Gross Scheduled Income: --
  • Net Operating Income: $223,910
  • Gross Operating Income: $281,688
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2101 Bonsallo Ave

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Property Details for 2101 Bonsallo Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 6
  • Parcel Number: 5124031017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: near the intersection W. Adams Boulevard & S. Hoover Street. 5-blocks away from Hoover Recreation Center.
View more facts & features

Local Los Angeles Agent

Sale History for 2101 Bonsallo Ave

Last sold for $1,625,000 on September 12th, 2023

  • September, 2024

  • Sep 26, 2024

    Date

    Active

    CRMLS: 24445495

    $2,995,000

    Price

  • September, 2023

  • Sep 12, 2023

    Date

    Sold

    CRMLS: 23248483

    $1,625,000

    Price

  • Mar 7, 2023

    Date

    Active

    CRMLS: 23248483

    $2,195,000

    Price

  • Listing provided courtesy of CRMLS

    2101 Bonsallo Ave is a 6 unit brick building built in 1909. All units are spacious and filled with Craftsman elements. Each unit has two bedrooms and one bathroom, plus individual laundry rooms, averaging 1,453 square feet per unit. The property is 8,718 square feet on a 8,847square foot lot. A prime value-add or student housing opportunity with rents approximately 41% under market. The property has a basement that could be turned into storage lockers for each unit generating additional revenue along with 1 tandem parking space that could be assigned to a unit for an additional monthly charge. Every unit has hardwood floors, beamed ceilings (with beam lights), plate rails, built-in china cabinets (with leaded art glass), picture rails, and built-in book cases. The upstairs units have balconies. From the Bonsallo side there is a spectacular view of the downtown skyline. 4 of the units are equipped with in-unit washer and dryers. The property is located in the desirable North University Park, providing easy access to a wide range of entertainment options and amenities. Having a walk score of 80, USC campus is just over a mile away and many stores for errands are just short breaths away. Downtown Los Angeles and Mid City are just short car rides as well, having easy access from close by freeway entrances. In addition, the property is located in the USC patrol zone. 3 Units to be delivered vacant (2 Units are currently vacant and 1 will be vacant by 7/1/2023). All offers to be written on a CAR (Residential Income Property Purchase Agreement) RIPA form.

  • August, 2016

  • Aug 29, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2005

  • Feb 23, 2005

    Date

    Sold (Public Records)

    Public Records

    $695,000

    Price

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Tax History for 2101 Bonsallo Ave

Assessed Value (2020): $885,807
Year Land Value Improved Value Assessed Value
2020 $764,729 $121,078 $885,807

Home Value Compared to the Market

This property vs the competition

2101 Bonsallo Ave is listed 149.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $343.54 per/sqft which puts the price per square foot 55.44% lower than the median price per square foot for the city of Los Angeles.

About 2101 Bonsallo Ave

Detailed summary of property

2101 Bonsallo Ave is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 20 bedrooms, 11 bathrooms, roughly 8,718 living square feet, and sits on an approximately 8,850 square foot lot. 2101 Bonsallo Ave was first listed on ArdentRealEstateGroup.com on September 27, 2024. The homeowner is currently asking $2,995,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 149.58% higher than the median priced home. Local competing homes currently for sale include 1211 Fedora St, 429 S Union Ave and 1142 S Mariposa Ave. While the average home in Los Angeles, CA is selling in 106 days, 2101 Bonsallo Ave has a days on market of 1 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 2101 Bonsallo Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2101 Bonsallo Ave

Public county record property details
Beds
12
Baths
6
Year built
--
Sq. Ft.
8,718
Lot Size
8,847
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
65
APN
5124-031-017

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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