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5912 Bonsallo Ave, Los Angeles, CA 90044
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5912 Bonsallo Ave Los Angeles, CA 90044

$1,120,000 Sold Price as of 03/28/2023
  • 8 Beds
  • 4 Baths
  • 3,188 Sq.Ft.
Sold
$1,120,000 Sold Price as of 03/28/2023 Refinance Your Mortgage
Map preview of 5912 Bonsallo Ave, Los Angeles, CA 90044

Property Overview: 5912 Bonsallo Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,188 living square feet and 5,671 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5912 Bonsallo Ave, Los Angeles is a 4-unit building that will be delivered fully vacant, providing an immediate value-add opportunity to an investor. The market rent for a 2-bed/1-bath apartment in 90044 is $2,200/month and the maximum Section 8 Voucher for a 2-bedroom in Los Angeles is $2,666. Once the building is stabilized, it will operate over a 7% CAP rate excluding renovation costs. The property has four uncovered parking spaces in the rear with the potential to build a detached ADU by right (buyer to verify). Located west of the 110 with easy freeway access, this property is just two miles south of Exposition Park and USC. This is a rare opportunity to purchase the only fully vacant apartment building in the 90044 zip code with substantial growth and cash flow potential.

Listed by Larson Harley | BRE #02045736 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 11 minutes ago | Last updated: March 28th, 2023 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,671
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
SB23030046
City
Los Angeles
County
Los Angeles
Time on Site
496 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $8,800
  • Pro Forma/Market Rent: $8,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.14%
  • Gross Rent Multiplier: 10.37
  • Gross Scheduled Income: $105,600
  • Net Operating Income: $78,195
  • Gross Operating Income: $100,320
  • Vacancy Allowance: $5,280
Annual Expense Breakdown
  • Total Operating Expense: $22,125
  • New Taxes: $13,282
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,275
  • Maintenance: $3,168
  • Water/Sewer: $0
  • Other Expenses: $3,200
  • Other Expense Description: Utility

Property Details for 5912 Bonsallo Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6004031026
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: One street east of S Hoover St and W 59th St.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 5912 Bonsallo Ave

Last sold for $1,120,000 on March 28th, 2023

  • March, 2023

  • Mar 28, 2023

    Date

    Sold

    CRMLS: SB23030046

    $1,120,000

    Price

  • Feb 21, 2023

    Date

    Active

    CRMLS: SB23030046

    $1,095,000

    Price

  • October, 2019

  • Oct 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $555,500

    Price

Show More

Tax History for 5912 Bonsallo Ave

Assessed Value (2020): $555,500
Year Land Value Improved Value Assessed Value
2020 $440,000 $115,500 $555,500

Home Value Compared to the Market

This property vs the competition

5912 Bonsallo Ave sold on March 28, 2023 for 3.1% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $343.48 per/sqft which puts the price per square foot 54.45% lower than the current median sale per square foot for the city of Los Angeles.

About 5912 Bonsallo Ave

Detailed summary of property

5912 Bonsallo Ave is a fourplex that recently sold in Los Angeles, CA 90044. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,188 living square feet, and sits on an approximately 5,671 square foot lot. 5912 Bonsallo Ave was first listed on ArdentRealEstateGroup.com on February 22, 2023. The homeowner sold the property for $1,120,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 3.1% lower than the current median priced home. Local homes that are currently for sale include 353 W 77th St, 7704 S Grand Ave and 5017 S San Pedro St. While the average home in Los Angeles, CA is selling in 99 days, 5912 Bonsallo Ave has a days on market of 13 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 5912 Bonsallo Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5912 Bonsallo Ave

Public county record property details
Beds
8
Baths
4
Year built
1963
Sq. Ft.
3,188
Lot Size
5,670
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
6004-031-026

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$679,999
Median Sold Price/Sq.Ft.
$540
Total Inventory
87
Median Sale to List Price %
101.64%
Avg Days on Market
21
Loan Type
Conventional (22.22%), FHA (55.56%), VA (0%), Cash (11.11%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 5912 Bonsallo Ave

5903 Bonsallo Ave, Los Angeles, CA 90044
$605,000 Last Sold Price
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2 Baths
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5903 Bonsallo Ave
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5918 Bonsallo Ave, Los Angeles, CA 90044
$600,000 Last Sold Price
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1689 Sq.Ft.
5918 Bonsallo Ave
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5922 Bonsallo Ave, Los Angeles, CA 90044
$785,000 Last Sold Price
6 Beds
6 Baths
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5922 Bonsallo Ave
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5871 Bonsallo Avenue, Los Angeles, CA 90044
$699,999 Last Sold Price
5 Beds
3 Baths
2275 Sq.Ft.
5871 Bonsallo Avenue
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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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