1216 S BONNIE BRAE Street Los Angeles, CA 90006
We are pleased to offer for sale a 12-unit apartment community located at 1216 South Bonnie Brae Street. Positioned just North of Pico Boulevard, the property is situated in Pico-Union, which borders three thriving markets - Koreatown, Downtown, and University Park. The subject property offers investors significant rental upside to the remaining units. Consisting of one, two-story building, the property is situated on a 5, 625 Square Foot parcel. The property features 12 one-bedroom units, with three units being delivered vacant. Bonnie Brae features on-site parking (five spaces), on-site laundry and secured access. Due to its 1949 construction, the property is subject to Los Angeles Rent Control statutes.An astute investor should be able to implement a thorough interior renovation program and take advantage of the upside in rental income., Directions North of Pico Boulevard
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 0.1300 Acres
Square Feet 5625
Parking Parking Space
Other Features Include:No Information Available.
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