452 S Bonnie Brae St Los Angeles, CA 90057

$1,345,000 Sold Price as of 09/14/2018

8 Beds
8 Baths
4,343 Sq.Ft.

Off Market

$1,345,000 Sold Price as of 09/14/2018 Refinance Your Mortgage

Map preview of 452 S Bonnie Brae St, Los Angeles, CA 90057

Property Overview: 452 S Bonnie Brae St Los Angeles, CA has 8 bedrooms, 8 bathrooms, 4,343 living square feet and 7,868 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

452 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 452 S Bonnie Brae St

Last sold for $1,345,000 on September 14th, 2018

April, 2024
Apr 5, 2024

Date

Expired

CRMLS: 23324709

$1,899,000

Price
Oct 24, 2023

Date

Active

CRMLS: 23324709

$1,899,000

Price
Listing provided courtesy of CRMLS

"Seller Carry Option Available" Contact listing agents for more details. 100% Affordable project: 30 Units to be possibly delivered RTI. 6 Stories with on grade parking. Unit Mix: 10 (0+1), 15 (1+1) & 5 (2+1). Situated on a 7,870 square foot lot zoned R4-1. 452 S Bonnie Brae Street just south of 3rd Street in Westlake, one of the rapidly revitalizing submarkets in Los Angeles.

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February, 2021
Feb 15, 2021

Date

Active

CRMLS: 21692294

$2,399,000

Price
Listing provided courtesy of CRMLS

Attention Developers and Investors! Located in the up and coming Westlake area of Los Angeles, we are please to present the opportunity to own and develop a brand new 30 units apartment building with 6 stories, one basement level and a beautiful rooftop with views of Downtown and surrounding areas. The plans call for 6 Affordable Income dedicated housing units. The existing 8 unit apartment complex, which can be delivered VACANT and no cost to buyer, is located on a R-4 zoned lot that is TOC Tier 3 which allows for a 70% bonus density. The plans will be delivered RTI at listed price or property may be purchased at $1,999,000 in as is condition with TOC approval and plans pending. At just under $80,000/unit, this is a great opportunity. Interested buyers may purchase two additional similar projects that are also 30 units each for a total of 90 units. One property is located on the same street and one is located a couple of blocks West, on Parkview.

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July, 2020
Jul 16, 2020

Date

Canceled

CRMLS: 20564782

$2,100,000

Price
Mar 18, 2020

Date

Active

CRMLS: 20564782

$2,100,000

Price
Listing provided courtesy of CRMLS

Entitled set of plans with 7870 SF of precious Los Angeles land with the best zoning for sale. Current project has R4 zoning with TOC III in the OPPORTUNITY ZONE and has been City Approved for 30 unit apartment building in one of the most coveted neighborhoods of LA. Westlake, between Koreatown and Downtown is seeing major revitalization from nearby investors in Koreatown, Echo Park, Silverlake and Downtown. The plans call for podium style apartment with 2 levels of garage with 5 stories above. Average sq ft of units is around 600SF. The plans have been engineered for maximum cost effectiveness and highest return for the investor. Don't miss out on this great opportunity to build from ground up at 70,000 per door. This will not last long!!

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September, 2018
Sep 15, 2018

Date

Sold

CRMLS: 18317926

$1,345,000

Price
Jun 13, 2018

Date

Pending

CRMLS: 18317926

$1,395,000

Price
Jun 12, 2018

Date

Active Under Contract

CRMLS: 18317926

$1,395,000

Price
Feb 27, 2018

Date

Active

CRMLS: 18317926

$1,395,000

Price
Listing provided courtesy of CRMLS

The subject property is an 8 unit apartment complex built in 1905. The unit mix is seven 1+1 units andone single. The improvements are built on a 7,869 square foot lot with total rentable square footageof 4,343.The property is located on the east side of Bonnie Brae Street in Los Angeles, just south of 3rd St in theWestlake District of Los Angeles, CA. The area is undergoing a major economic renaissance during thepast decade with development as the driving force. The new apartment and mixed use developmentsand existing apartment renovations in the immediate area have provided an overwhelming increase inthe demand for high end rental units. This property offers an affordable option to the high rents thatthe area now commands. The property sits conveniently between Koreatown and Downtown LA andin close proximity to Echo Park, Silver Lake, Hollywood, major freeways, and much more.

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September, 2018
Sep 14, 2018

Date

Sold (Public Records)

Public Records

$1,345,000

Price
April, 2015
Apr 24, 2015

Date

Sold (Public Records)

Public Records

$775,000

Price

Tax History for 452 S Bonnie Brae St

Assessed Value (2020): $1,373,580

Year	Land Value	Improved Value	Assessed Value
2020	$1,020,000	$353,580	$1,373,580

About 452 S Bonnie Brae St

Detailed summary of property

452 S Bonnie Brae St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and last sold on September 14, 2018 for $1,345,000. This property has 8 bedrooms, 8 bathrooms, roughly 4,343 living square feet, and sits on an approximately 7,868 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 13.03% higher than the current median priced home. 452 S Bonnie Brae St was last sold on September 14, 2018 for $1,345,000. Local nearby listings include 1234 Wilshire Blvd #318, 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 452 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 452 S Bonnie Brae St

Public county record property details

Beds: 8
Baths: 8
Year built: --
Sq. Ft.: 4,343
Lot Size: 7,868
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 5154-024-007

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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