2101 Bonsallo AVE Los Angeles, CA 90007 Sold on 09/12/2023

$1,625,000

$1,695,000 4.1%

12 Beds6 Baths8,718 SqFt

Key Details

Sold Price $1,625,0004.1%

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 8,718 sqft

Price per Sqft $186

MLS Listing ID 23248483

Sold Date 09/12/23

Bedrooms 12

HOA Y/N No

Year Built 1909

Lot Size 8,847 Sqft

Property Description

2101 Bonsallo Ave is a 6 unit brick building built in 1909. All units are spacious and filled with Craftsman elements. Each unit has two bedrooms and one bathroom, plus individual laundry rooms, averaging 1,453 square feet per unit. The property is 8,718 square feet on a 8,847square foot lot. A prime value-add or student housing opportunity with rents approximately 41% under market. The property has a basement that could be turned into storage lockers for each unit generating additional revenue along with 1 tandem parking space that could be assigned to a unit for an additional monthly charge. Every unit has hardwood floors, beamed ceilings (with beam lights), plate rails, built-in china cabinets (with leaded art glass), picture rails, and built-in book cases. The upstairs units have balconies. From the Bonsallo side there is a spectacular view of the downtown skyline. 4 of the units are equipped with in-unit washer and dryers. The property is located in the desirable North University Park, providing easy access to a wide range of entertainment options and amenities. Having a walk score of 80, USC campus is just over a mile away and many stores for errands are just short breaths away. Downtown Los Angeles and Mid City are just short car rides as well, having easy access from close by freeway entrances. In addition, the property is located in the USC patrol zone. 3 Units to be delivered vacant (2 Units are currently vacant and 1 will be vacant by 7/1/2023). All offers to be written on a CAR (Residential Income Property Purchase Agreement) RIPA form.


Listed by John Swartz Compass 
Bought with Subscriber Non Non-Participant Office