6.3% CURRENT CAP RATE | FULLY RENODED 6 UNIT IN USC DPS PATROL ZONE | MAJOR UPSIDE 1978 Bonsallo presents a rare opportunity to acquire a beautifully renovated, stabilized 6 unit asset ideally positioned for student housing demand near USC and Mount St. Mary's University. Showcasing… Read More Cape Cod-style architecture (originally built in 1923), the property features two structures and an excellent unit mix: (1) detached large 3BD/2BA house, (2) spacious 2BD/1BA, (1) 1BD/1BA, and (2) large studiosa layout that supports strong rentability and long-term tenant appeal. Each unit has been thoughtfully updated with brand new kitchens, designer finished bathrooms, new hardwood style flooring, and interior paint, all complemented by efficient, functional floor plans. The property totals approximately 3,456 SF and sits on a tranquil, tree-lined street in a highly sought-after rental pocket. Conveniently located less than a mile to USC, a short ride to USC Village, and close to Downtown LA destinations including LA Live and Crypto.com Arena. Enjoy walkable access to the Expo Line and quick connectivity to the 10 & 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). A standout investment for buyers seeking a renovated, income producing asset with strong current returns and future upside in one of LA's most consistent rental markets. Read Less
Property listed by Keller Williams Larchmont, Vinnie Park 323-762-2600
Listing Snapshot
Days Online
8
Last Updated
Beds
7
Square Ft.
3,456
Lot Size
0.14 Acres
Year Built
1923
MLS Number
26642971
Additional Details
Appliances & Equipment
Microwave, Refrigerator
Building
Built in 1923, Living area: 3456.0, 2 buildings, 2 stories, Levels: Two
Heating
WallFurnace
Income
Gross Income: $145,874, Net Operating Income: $110,515
Lot
0.1433 acres
Parking
6 total parking spaces, Assigned
Property
Other structures: GuestHouse
Taxes
Parcel Number: 5124033013, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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