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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1617 S Bonnie Brae Street Los Angeles, CA 90006
$950,000 4 beds, 4 baths
4, 222 sqft
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Agent Remarks

Located within a small, privately held residential compound, 1617 S Bonnie Brae St presents an opportunity to acquire a four-unit, two-story multifamily property in a central Los Angeles location. Built in 1912, the property consists of four (4) very large 1BR/1BA units totaling approximately 4,222 square feet on a 6,377 square foot lot. The building is separately metered for electricity, with the landlord responsible for water only. Zoned RD1.5-1 and located within a Historic Preservation Overlay Zone (HPOZ) and TOC Tier 3, the property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). The property is currently tenant-occupied and generating approximately $5,300 in monthly gross rent, offering long-term rental upside for an investor willing to improve operations and address deferred maintenance. The property is part of a unique cluster of four contiguous parcels under common ownership, which may be purchased individually or together as a portfolio. All four parcels can be purchased together for $2,950,000. Buyer to independently verify square footage, unit mix, zoning, rent control applicability, permits, and all development or redevelopment potential. Ideally situated near DTLA, Koreatown, USC, and major transportation corridors. Note: interior photos were limited for privacy reasons as the property is occupied.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26644045
List price is $950,000
Beds: 4
Baths: 4
None fireplaces
Built in 1912
4,222 sqft
2 stories
0.15 acres
Lot size: 0.1464
County: Los Angeles
Property style: Craftsman
Zoning: LARD1.5
Parking description: Concrete,Driveway,Uncovered
Lot description: Landscaped
Heating description: Wall Furnace
MLS area: C42 - Downtown L.A.

Last Updated: 7/23/2026

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This listing belongs to the C42 - Downtown L.A. MLS area

The style of this listing is Craftsman.
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Lat/Long: 34.042426, -118.282517.
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Listing Agent: Joseph Bolognese
Co Listing Agent: Elias Martinez
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

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Population by Gender

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