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$1,100,000
7 bed
2,890 Sqft
7,451 Sqft lot

1050 S Bonnie Beach Place, Los Angeles, California 90023

  • Residential Income Property Type
  • 23 Days Time on market
  • $381 Price per sqft
  • 1927 Year Built
Property Description

We are pleased to present a three (3) property portfolio (may be sold together or separate) totaling nine (9) unit located in Los Angeles, California. The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway. Built in 1954, 2722 E 2nd Street contains an exceptional unit mix of two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / two-bathroom detached single-family residence. There is ample on-site parking available. Built in 1927, 1050 S Bonnie Beach Place contains a incredible unit mix of two (2) two-bedroom / one and a half-bathroom units and one (1) three-bedroom / one and a half-bathroom unit. There is positive initial cash flow at a 7.26% cap rate on current numbers. Additionally, there is potential to convert the carports into multiple ADU unit(s). Built in 1973, 926 S Ford Boulevard contains a streamlined unit mix of three (3) two-bedroom / one and a half-bathroom units with a bonus den. There is potential to convert the carports into multiple ADU unit(s). Situated in an ideal East Los Angeles / Boyle Heights location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire up to three (3) triplexes all within a few miles of each other.

Basic Details
Residential Income
Buy
24380535
$1,100,000
7
2,890 Sqft
1927
7,451 Sqft
Activeundercontract
Condos/Co-ops
Features
: Wall Furnace
: City Lights
: Patio, Open
: Refrigerator
: Spanish
: Gated
8
$0
Address
CA
Los Angeles
Los Angeles
90023
1050 S Bonnie Beach Place
1050
Place
0
W119° 49' 8.8''
N34° 1' 15.2''
S
Additional Information
23
1
2
5
: Multi/split
2,890 Sqft
0 Sqft
0 Sqft
0.17 Sqft
7,451 Sqft
1
0 Sqft
LCR4YY
5236007016
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
24/05/2024 00:00:00
$1,200,000
: Standard
The subject property is situated in an ideal East Los Angeles location, north of the -5 freeway and east of the -101 freeway.
Marcus & Millichap
Jason Tuvia
CLW-X75151
CLW-X92444
$0
6.86
: Wood
1
: Landscaped, Rectangular Lot
1
1
0
0
1
1
2
3
Updated/Remodeled
Gated Community
1
100343
US-06037-N-5236007016-R-N
16/04/2024 00:06:39
Bonnie Beach
ELA - East Los Angeles
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