440 S Bonnie Brae St Los Angeles, CA 90057

$3,925,000 Sold Price as of 01/31/2017

-- Beds
-- Baths
19,346 Sq.Ft.

Off Market

$3,925,000 Sold Price as of 01/31/2017 Refinance Your Mortgage

Map preview of 440 S Bonnie Brae St, Los Angeles, CA 90057

Property Overview: 440 S Bonnie Brae St Los Angeles, CA has -- bedrooms, -- bathrooms, 19,346 living square feet and 15,688 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

440 S Bonnie Brae St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 440 S Bonnie Brae St

Last sold for $3,925,000 on January 31st, 2017

December, 2022
Dec 28, 2022

Date

Expired

CRMLS: 22199665

$4,500,000

Price
Aug 25, 2022

Date

Active

CRMLS: 22199665

$4,800,000

Price
Listing provided courtesy of CRMLS

440 S Bonnie Brae St, a 29-unit value-add apartment building in Westlake. The property features a unit mix of 20 singles and 9 one-bedrooms and 10 garage parking spaces. At the asking price, the property is being offered for $155,172 cost per unit and a low $233 cost per square foot. An investor has the opportunity to further increase cashflow and capture an additional 38% in rental income through interior renovation of units. Gas and electricity are separately metered and there is a community laundry room with three washers and dryers. The property is situated on a corner lot just south of W 3rd St, only two blocks from MacArthur Park and walking distance to metro A-E lines. High WalkScore of 91, close proximity to schools, employment, and transit options, this location makes it convenient for residents to commute throughout the city even without a vehicle. This neighborhood in Westlake is ideally located with a short commute to Downtown and Koreatown. Proximity to MacArthur Park, Echo Park, Dodger Stadium, and The Broad Museum provide residents with ample entertainment opportunities.

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January, 2017
Jan 31, 2017

Date

Sold (Public Records)

Public Records

$3,925,000

Price
September, 2003
Sep 16, 2003

Date

Sold (Public Records)

Public Records

$1,650,000

Price

Tax History for 440 S Bonnie Brae St

Assessed Value (2020): $4,173,940

Year	Land Value	Improved Value	Assessed Value
2020	$2,499,144	$1,674,796	$4,173,940

About 440 S Bonnie Brae St

Detailed summary of property

440 S Bonnie Brae St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and last sold on January 31, 2017 for $3,925,000. This property has -- bedrooms, -- bathrooms, roughly 19,346 living square feet, and sits on an approximately 15,688 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 229.83% higher than the current median priced home. 440 S Bonnie Brae St was last sold on January 31, 2017 for $3,925,000. Local nearby listings include 1234 Wilshire Blvd #607, 1234 Wilshire Blvd #323 and 1329 Linwood Ave. The average home in Los Angeles, CA is selling in 96 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. If you are the homeowner and looking to sell the home at 440 S Bonnie Brae St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 440 S Bonnie Brae St

Public county record property details

Beds: --
Baths: --
Year built: 1923
Sq. Ft.: 19,346
Lot Size: 15,688
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10,11
APN: 5154-024-010

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$550,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$365,000

Median Sold Price/Sq.Ft.

$773

Total Inventory

Median Sale to List Price %

104.58%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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