Price Reduction
Address
220 S Bonnie Brae Street Lot 22 Los Angeles, CA
Price
$ 1,395,000
Property Attributes
  • MLS#SR20104779
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90057
  • Style
  • Price$ 1,395,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,285 SqFt
Listing Provided Courtesy Of:
Jared Levine with Keller Williams Realty Calabasas.
Property Description

BONNIE BRAE APARTMENTS and REDEVELOPMENT OPPORTUNITY. Bonnie Brae Apartments is a 6,353 sf 6 unit apartment building located in the gentrifying Westlake North neighborhood of Los Angeles. The property was built in 1948 and sits on a 8,287.5 SF Lot Zoned R4-1. The property positions itself to offer an investor a value add (approx. 53% upside) 6 unit apartment building with a low cost per square foot basis and future redevelopment opportunity due to lot and zoning, at $42k/buildable door. This well located property has great street visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 101/110 FWY and DTLA add an additional touch of convenience.

Price History
6/1/2020 Listed $1,525,000
6/22/2020 1% - $1,524,000
7/23/2020 4% - $1,475,000
11/9/2020 6% - $1,395,000

General Features

Community Features Curbs
Directions On Bonnie Brae between Beverly and 3rd.
HOA Fee 0.00
Listagentaor Southland
Listing Agent Jared Levine - BRE#01804008
Listing Agent State License 01804008
MLS Area C16 - Mid Los Angeles
Price Per Square Foot 168.36
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
View None
Zoning LAR4

Exterior Features

Lot Features Paved
Lot Size Acres 0.1902
Lot Size Area 8286.0000
Lot Size Source Assessor
Lot Size Square Feet 8286.00
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90057

Price
AVG $3.53M
$1.4M
Visits
AVG 42
50

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