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

$1,325,000 Sold Price as of 08/31/2020
  • 7 Beds
  • 5 Baths
  • -- Sq.Ft.
Sold
$1,325,000 Sold Price as of 08/31/2020 Refinance Your Mortgage
Map preview of 810 N Bonnie Brae St, Los Angeles, CA 90026

Property Overview: 810 N Bonnie Brae St Los Angeles, CA has 7 bedrooms, 5 bathrooms, -- living square feet and 7,040 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 810 N Bonnie Brae Street., a 5 unit apartment property located in a prime area of Los Angeles. The building features two (2) two bedroom units, two (2) one-bedroom units and one (1) spacious one-bedroom + den unit. Four of the five units are gorgeously remodeled, featuring recessed lighting, new flooring, new kitchen cabinets with new quartz countertops, new plumbing, laundry hookups, and stainless steel kitchen appliances (stove, dishwasher, microwave & refrigerator). This investment is priced to sell quickly. Boasting a strong rental location and just one block from Echo Park Lake, the property is conveniently situated just off the 101 and 110 freeways. This hip location of Echo Park is only 3 blocks from Sunset

Listed by Benjamin J. Hsiang | BRE #01438644 | Realty Investment Advisors, Inc.
Co-listed by Alexander Metaxas | BRE #01784652 | Realty Investment Advisors, Inc.
Last checked: 7 minutes ago | Last updated: April 16th, 2022 | Source CRMLS | DOM: 120

Home details

Lot Sq. Ft
7,040
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20558258
City
Los Angeles
County
Los Angeles
Time on Site
1225 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,175
  • Total Rent: $2,175
  • Pro Forma/Market Rent: $2,175
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $436
  • Total Rent: $436
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.91
  • Gross Scheduled Income: --
  • Net Operating Income: $72,219
  • Gross Operating Income: $101,396
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $16,200
  • Trash: $1,500
  • Insurance: $1,278
  • Maintenance: $4,000
  • Water/Sewer: $1,500
  • Other Expenses: $1,000

Property Details for 810 N Bonnie Brae St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street
Property Information
  • Total # of Units: 5
  • Parcel Number: 5404006023
Location / Neighborhood
Location Information
  • Directions: One block from Echo Park Lake on Bonnie Brae St.
View more facts & features

Local Los Angeles Agent

Sale History for 810 N Bonnie Brae St

Last sold for $1,325,000 on August 31st, 2020

  • April, 2022

  • Apr 16, 2022

    Date

    Expired

    CRMLS: 21112237

    $1,625,000

    Price

  • Jan 10, 2022

    Date

    Active

    CRMLS: 21112237

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of Silverlake, this is a rare opportunity to own a stunning, remodeled, 5 unit complex on a massive lot just 2 blocks to Echo Park Lake. Composed of (3) two-bedroom (2) one-bedroom. Four units have been fully remodeled with recessed lighting, new flooring, new kitchen cabinets with quartz countertops, laundry hookups, and stainless steel kitchen appliances including stove, dishwasher, microwave, and fridge. Seller has approved plans for two additional units of approximately 3,000 feet total. Centrally located .1 miles away from the coveted lakeside Echo Park with city vistas, walking paths, pedal boats, and an indoor swimming pool. Easy access to the 101 and 110 freeways. Excellent current income with huge potential to add units on the back of the lot. Street is quiet and does not get through traffic. This highly desired location is situated in a strong rental market with low operating costs, fully occupied, and won't last long!

  • August, 2020

  • Aug 31, 2020

    Date

    Sold

    CRMLS: 20558258

    $1,325,000

    Price

  • Jun 30, 2020

    Date

    Pending

    CRMLS: 20558258

    $1,350,000

    Price

  • May 19, 2020

    Date

    Price Change

    CRMLS: 20558258

    $1,350,000

    Price

  • Apr 4, 2020

    Date

    Active

    CRMLS: 20558258

    $1,399,000

    Price

  • Mar 21, 2020

    Date

    Active Under Contract

    CRMLS: 20558258

    $1,399,000

    Price

  • Mar 3, 2020

    Date

    Active

    CRMLS: 20558258

    $1,399,000

    Price

  • August, 2020

  • Aug 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,325,000

    Price

  • May, 2020

  • May 7, 2020

    Date

    Expired

    CRMLS: 19527662

    $1,399,000

    Price

  • Jan 3, 2020

    Date

    Withdrawn

    CRMLS: 19527662

    $1,399,000

    Price

  • Nov 6, 2019

    Date

    Active

    CRMLS: 19527662

    $1,399,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present 810 N Bonnie Brae Street., a 5 unit apartment property located in a prime area of Los Angeles. The building features two (2) two-bedroom units, two (2) one-bedroom units and one (1) spacious one-bedroom + den unit. Four of the five units are gorgeously remodeled, featuring recessed lighting, new flooring, new kitchen cabinets with new quartz countertops, laundry hookups, and stainless steel kitchen appliances (stove, dishwasher, microwave & refrigerator). This investment is priced to sell quickly. Boasting a strong rental location and just one block from Echo Park Lake, the property is conveniently situated just off the 101 and 110 freeways. This hip location of Echo Park is only 3 blocks from Sunset

  • April, 2018

  • Apr 28, 2018

    Date

    Sold

    CRMLS: SB18048990

    $780,000

    Price

  • Apr 4, 2018

    Date

    Pending

    CRMLS: SB18048990

    $639,000

    Price

  • Mar 20, 2018

    Date

    Active

    CRMLS: SB18048990

    $639,000

    Price

  • Listing provided courtesy of CRMLS

    Desirable Echo Park Location!!! Diamond in the Rough. Renovation opportunity with loads of upside potential. Cash buyers only!!! Fast escrow preferable. The 2 bed plus den, 2 bath unit is currently uninhabitable and will require substantial remodeling. All other units are tenant occupied. The studio unit is an efficiency apt. with no kitchen. Good unit mix with (2) 2 bed (2) 1 bed and (1) Studio. This property is a fixer and will require remodeling to maximize return on investment. Well located in a dense neighborhood, the property offers the opportunity to increase rents and substantially raise revenue. The property gives tenants easy access to the entertainment venues and employment centers of Downtown Los Angeles near the 101-freeway, seconds from Silver Lake and Echo Park Lake, and only a few minutes from Hollywood, Korea Town and Staples Center. Due to its age, the property is subject to Los Angeles rent control statutes.The subject property allows an investor to acquire a value-added asset in an in-fill location near the sought-after sub markets of Echo Park, Silver Lake, and Angelino Heights. Please don't disturb the tenants.

  • April, 2018

  • Apr 27, 2018

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

Show More

Tax History for 810 N Bonnie Brae St

Assessed Value (2020): $811,872
Year Land Value Improved Value Assessed Value
2020 $572,220 $239,652 $811,872

Home Value Compared to the Market

This property vs the competition

810 N Bonnie Brae St sold on August 31, 2020 for 13.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 810 N Bonnie Brae St

Detailed summary of property

810 N Bonnie Brae St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 7 bedrooms, 5 bathrooms, roughly -- living square feet, and sits on an approximately 7,040 square foot lot. 810 N Bonnie Brae St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,325,000. Home 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 13.45% higher than the current median priced home. Local homes that are currently for sale include 1804 Echo Park Ave, 833 N Vendome St and 802 N Dillon St. While the average home in Los Angeles, CA is selling in 93 days, 810 N Bonnie Brae St has a days on market of 120 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 810 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 810 N Bonnie Brae St

Public county record property details
Beds
--
Baths
--
Year built
1911
Sq. Ft.
2,555
Lot Size
7,040
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
104,115
APN
5404-006-023

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
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), 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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