$1,500,000

746 S Bonnie Brae Street, Los Angeles, CA 90057

8,506 sqft

other
Built in 1906
7,405sqft lot
—— car garage
$176/sqft
Listed 1 month ago

Property Description

As the exclusive listing agent, I'm pleased to offer for sale a 12-unit apartment community located at 746 South Bonnie Brae Street. The subject property is located south of Wilshire Boulevard and east of Alvarado Street. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Downtown Los Angeles. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 7,511 square foot parcel, the property is comprised of four studio units and eight one-bedroom units. The property has 42% remaining rental upside through unit renovations. 746 South Bonnie Brae Street offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 746 South Bonnie Brae Street an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS

Listing Status:: Active
Date Added:: October 6, 2025 at 05:00AM
Listing Office:: Marcus & Millichap : 310-909-5500
Listing Agent:: Sean Rosenzweig : 213-943-1897
MLS ID:: CL25612223

Parking: OtherUncovered Parking Space

County: Los Angeles

Zoning: LAR45142006008

This listing courtesy of Sean Rosenzweig, Marcus & Millichap

Monthly Payment

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Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Esperanza Elementary

680 Little St, Los Angeles, CA, 90017

Grades KG-5

0.18 miles away

John Liechty Middle School

650 S Union Ave, Los Angeles, CA, 90017

Grades 6-8

0.32 miles away

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.