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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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446 S Bonnie Brae Street Los Angeles, CA 90057
$1,400,000 8 beds, 4 baths
4, 835 sqft
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Rare development opportunity, LAR4-1 zoning, TOC Tier 3 designation, steps from MacArthur Park Metro Station. 7,870 SF rectangular lot. Est. ~33 buildable units with a density bonus, increased FAR, and potentially eliminated parking per AB 2097, subject to City review and independent verification. Existing improvements: 4-unit residential building built 1921 (approx. 4,835 SF). Sold strictly AS-IS. Owner-occupied unit delivered vacant at close of escrow. Three units tenant-occupied and subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and California's Tenant Protection Act (AB 1482). All three tenancies transfer to the buyer at close of escrow. Unit 3 currently operates as a licensed family daycare home. SB 234 protections may apply. Buyer strongly advised to retain qualified RSO and land use legal counsel prior to making an offer. All development figures are estimates only. Buyer to independently verify all assumptions with a licensed architect and the City of Los Angeles. Seller and listing brokerage make no guarantees regarding development potential, tenant status, or future financial performance. Equal Housing Opportunity.

Listing Details

Trust & Probate
Property type: (Multi-Family)
Status: Active
MLS# 26857199
List price is $1,400,000
Beds: 8
Baths: 4
Built in 1921
4,835 sqft
2 stories
0.18 acres
Lot size: 0.1807
County: Los Angeles
Zoning: LAR4
Parking description: Garage
Heating/cooling: None
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

Lat/Long: 34.059680, -118.271218.
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Listing Agent: Edit Benyi
Lic#: 01276603
Office Name: Tustin

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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.

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.
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