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CA
Los Angeles
Los Angeles
90023
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CA
Los Angeles
Los Angeles
90023

1050 S Bonnie Beach Place

Los Angeles, CA, 90023
ActiveUnderContract
$1,100,000Price
7Beds
2890sqft
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1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
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1050 S Bonnie Beach Place

Los Angeles, CA, 90023
ActiveUnderContract
$1,100,000Price
7Beds
2890sqft
Unsave
Save
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023
1050 S Bonnie Beach Place, Los Angeles, CA, 90023

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.

Information

Price: $1,100,000
Days On Market: 42
Year Build: 1927
Square Footage: 2,890 Sq ft
Bedrooms: 7

Details

Address: 1050 S Bonnie Beach Place
County: Los Angeles
City: Los Angeles
Zip: 90023
State: California

Location

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Listing Agent: Jason Tuvia
Listing Office: Marcus & Millichap
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