844 S Bonnie Brae St Los Angeles, CA 90057

$3,450,000 Sold Price as of 07/03/2014

-- Beds
-- Baths
14,478 Sq.Ft.

Off Market

$3,450,000 Sold Price as of 07/03/2014 Refinance Your Mortgage

Map preview of 844 S Bonnie Brae St, Los Angeles, CA 90057

Property Overview: 844 S Bonnie Brae St Los Angeles, CA has -- bedrooms, -- bathrooms, 14,478 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

844 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 $1,200,000. The median price per/sqft for Los Angeles is $768. 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 $240,000 for the down payment and will need roughly $24,000 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 $56,000. 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 844 S Bonnie Brae St

Last sold for $3,450,000 on July 3rd, 2014

August, 2023
Aug 21, 2023

Date

Canceled

CRMLS: 23271233

$6,150,000

Price
May 17, 2023

Date

Active

CRMLS: 23271233

$6,150,000

Price
Listing provided courtesy of CRMLS

844 Bonnie Brae is a non-rent controlled multifamily asset located in LA's Westlake Neighborhood. The property boasts 4 Stories of larger units & gated parking for all tenants. The property is within close proximity to Downtown Los Angeles, Koreatown, & is only a few blocks from MacArthur Park. Billed as Los Angeles' version of New York's Central Park when it was under construction, today MacArthur Park has become much more than the green grass and lake that comprise it. The park and the 2.72 mile area that surrounds it also called Westlake is one of LA's most historic neighborhoods. Victorian homes and apartment complexes characterize the area, but newer developments are going up quickly. On the east side of the park is where you'll find an eclectic mix of bars and restaurants. Big-box stores will take care of most of your retail needs, while entertainment lovers will appreciate the Staples Center residing just across the 110. This property offers an investor immediate returns on their investment, with no rent control & clear upside.

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January, 2023
Jan 11, 2023

Date

Expired

CRMLS: 22177729

$6,150,000

Price
Jul 11, 2022

Date

Active

CRMLS: 22177729

$6,150,000

Price
Listing provided courtesy of CRMLS

Three story 18 units building with two level subterranean parking built in 1991 (Newer construction), located just west of downtown Los Angeles. Great apartment mix featuring 6 (1bed+1bath) & 12(2bed +2 bath) with balconies and view of DTLA. The property is individually metered for gas and electricity and serviced by one elevator. The ground level features a small lobby and secured parking spaces. Excellent 1031 tax deferred exchange opportunity with approx. 21% rent upside. Please do not disturb the tenants. All showings will be scheduled upon seller's response to offers. Please review additional docs uploaded in MLS. Call agent for more information.

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July, 2014
Jul 3, 2014

Date

Sold (Public Records)

Public Records

$3,450,000

Price
November, 2013
Nov 26, 2013

Date

Sold (Public Records)

Public Records

$2,800,000

Price

Tax History for 844 S Bonnie Brae St

Assessed Value (2020): $3,795,137

Year	Land Value	Improved Value	Assessed Value
2020	$2,197,877	$1,597,260	$3,795,137

About 844 S Bonnie Brae St

Detailed summary of property

844 S Bonnie Brae St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and last sold on July 3, 2014 for $3,450,000. This property has -- bedrooms, -- bathrooms, roughly 14,478 living square feet, and sits on an approximately 7,500 square foot lot. Homes 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 208.04% higher than the current median priced home. 844 S Bonnie Brae St was last sold on July 3, 2014 for $3,450,000. Local nearby listings include 1234 Wilshire Blvd #318, 1234 Wilshire Blvd #607 and 1349 Toberman St. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 844 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 844 S Bonnie Brae St

Public county record property details

Beds: --
Baths: --
Year built: 1991
Sq. Ft.: 14,478
Lot Size: 7,500
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 9
APN: 5142-005-008

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

$575,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$900,000

Median Sold Price/Sq.Ft.

$515

Total Inventory

Median Sale to List Price %

90.91%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

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