221 S Bonnie Brae, Los Angeles, CA 90057
221 S Bonnie Brae, Los Angeles, CA 90057
221 S Bonnie Brae, Los Angeles, CA 90057
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,149,000
Est. payment /mo
7,222 Sqft Lot
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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26198637

HOA Y/N No

Year Built 1949

Lot Size 7,222 Sqft

Property Sub-Type Apartment

Property Description

221 S Bonnie Brae Street presents the opportunity to acquire a fully occupied 6-unit multifamily asset in the heart of Los Angeles' Westlake/Downtown L.A. submarket. Situated between Beverly Boulevard and West 3rd Street, west of Alvarado Street, the property benefits from proximity to Downtown Los Angeles, Koreatown, Echo Park, employment centers, public transportation, retail amenities, and major regional thoroughfares. The property is with six occupied apartment units positioned on a lot that extends from the street to the alley, providing functional access and parking accommodations. Owner has updated the electrical panel per insurance requirements. Each unit is individually metered for electricity, gas, and features its own water heater per unit, helping streamline utility management and expense allocations. Residents benefit from on-site parking and a common-area laundry facility that provides an additional revenue component. The property includes six parking spaces, consisting of garage and uncovered parking options accessible from the rear alley. A newly constructed building adjacent to the property reflects ongoing investment activity within the immediate neighborhood.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Concrete, Covered, Door-Multi, Garage, Gated, On Site, Garage Faces Rear, One Space, Side By Side

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5154003002

Energy Description 500.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by MIRA GONZAGA MIRA INIGO GONZAGA 323-304-9898, DRE #01181708

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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221 S Bonnie Brae

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