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702 N Bonnie Brae St, Los Angeles, CA 90026
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702 N Bonnie Brae St Los Angeles, CA 90026

$1,130,700 Sold Price as of 05/10/2024
  • 2 Beds
  • 6 Baths
  • 1,830 Sq.Ft.
Sold
$1,130,700 Sold Price as of 05/10/2024 Refinance Your Mortgage
Map preview of 702 N Bonnie Brae St, Los Angeles, CA 90026

Property Overview: 702 N Bonnie Brae St Los Angeles, CA has 2 bedrooms, 6 bathrooms, 1,830 living square feet and 4,044 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Craftsman style triplex, situated in the thriving hills of Echo Park, provides an appealing home or investment opportunity. The upstairs unit at 702 N Bonnie Brea features a patio deck with treetop views and hardwood floors in its 2 bed/1bath layout. Additionally, 1763 Clinton St. boasts a fireplace, while 1765 Clinton St., the larger of the side-by-side singles, is positioned on a fenced corner lot with a low-maintenance yard, common areas, and a community laundry room. Tailored for investors or those contemplating a 1031 exchange, this property is located in one of LA's most sought-after Eastside neighborhoods. In close proximity to vibrant nightlife, residents can easily access a variety of local restaurants. Furthermore, the location offers convenient access to outdoor activities, including Echo Park Lake, Dodger Stadium, and Elysian Park hiking trails. Positioned within Los Angeles, the property provides seamless connections to both downtown and the dynamic Echo Park/Silver Lake communities on either side.

Listed by Luisa Ferrante | BRE #01281479 | Sotheby's International Realty
Co-listed by Franca Porras | BRE #01909282 | Sotheby's International Realty
Last checked: 3 minutes ago | Last updated: May 10th, 2024 | Source CRMLS | DOM: 83

Home details

Lot Sq. Ft
4,044
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24354161
City
Los Angeles
County
Los Angeles
Time on Site
231 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $937
  • Total Rent: $937
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.82
  • Gross Scheduled Income: --
  • Net Operating Income: $3,600
  • Gross Operating Income: $68,844
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 702 N Bonnie Brae St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5404009014
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Corner of Bonnie Brae Street and Clinton Street
View more facts & features

Local Los Angeles Agent

Sale History for 702 N Bonnie Brae St

Last sold for $1,130,700 on May 10th, 2024

  • May, 2024

  • May 10, 2024

    Date

    Sold

    CRMLS: 24354161

    $1,130,700

    Price

  • Feb 1, 2024

    Date

    Active

    CRMLS: 24354161

    $1,165,000

    Price

  • October, 2022

  • Oct 4, 2022

    Date

    Canceled

    CRMLS: 22188349

    $1,150,000

    Price

  • Aug 11, 2022

    Date

    Active

    CRMLS: 22188349

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    This Character triplex in the hills of Echo Park sits in close proximity to the newly revitalized lake and all of its entertainment and recreational activities. The upstairs unit is a 2 bed, 1 bath w/private balcony & surrounding views. Downstairs are side by side spacious units with one being a renovated 1 bed, 1 bath and the other a charming studio with a fireplace. This is an amazing opportunity in Echo Park!

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Tax History for 702 N Bonnie Brae St

Assessed Value (2020): $200,455
Year Land Value Improved Value Assessed Value
2020 $110,217 $90,238 $200,455

Home Value Compared to the Market

This property vs the competition

702 N Bonnie Brae St sold on May 10, 2024 for 2.68% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $628.42 per/sqft which puts the price per square foot 13.2% lower than the current median sale per square foot for the city of Los Angeles.

About 702 N Bonnie Brae St

Detailed summary of property

702 N Bonnie Brae St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 2 bedrooms, 6 bathrooms, roughly 1,830 living square feet, and sits on an approximately 4,044 square foot lot. 702 N Bonnie Brae St was first listed on ArdentRealEstateGroup.com on February 2, 2024. The homeowner sold the property for $1,130,700. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 2.68% higher than the current median priced home. Local homes that are currently for sale include 1201 Douglas St, 316 N Bixel St and 1626 Echo Park Ave. While the average home in Los Angeles, CA is selling in 106 days, 702 N Bonnie Brae St has a days on market of 83 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 702 N Bonnie Brae St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 702 N Bonnie Brae St

Public county record property details
Beds
2
Baths
3
Year built
1922
Sq. Ft.
1,830
Lot Size
4,043
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5-6,15
APN
5404-009-014

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Recently Sold Homes Near 702 N Bonnie Brae St

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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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