$1,200,000
1050 Bonnie Beach Place, Los Angeles 90023
7
Beds
3
Baths
2,890
Square feet
7,451
Lot Size
3
# Of Units
Listing Agent
Jason Tuvia - Marcus & MillichapWe 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.
Facts & Features
MLS® # | 24380535 |
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Price | $1,200,000 |
Bedrooms | 7 |
Bathrooms | 3.00 |
Square Footage | 2,890 |
Lot Size | 7,451 |
Year Built | 1927 |
Type | Residential Income |
Style | Spanish |
Status | Active |
# Of Units | 3 |
Community Information
Address | 1050 Bonnie Beach Place |
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Area | ELA - East Los Angeles |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90023 |
Amenities
Parking Spaces | 8 |
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Parking | Covered, Carport, Uncovered |
Garages | Covered, Carport, Uncovered |
View | City Lights |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Interior | Wood |
---|---|
Appliances | Refrigerator |
Heating | Wall Furnace |
Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Stories | Multi/Split |
Exterior
Lot Description | Landscaped, Rectangular Lot |
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Additional Information
Date Listed | April 15th, 2024 |
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Days on Market | 16 |
Zoning | LCR4YY |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Jason Tuvia |
---|---|
Office | Marcus & Millichap |