Exceptional investment opportunity in Westlake! Offered at $176.52 per sq. ft. and $139,800 per unit, this 5 unit multifamily property at 310 S. Bonnie Brae St. presents approximately 120% potential rental upside, making it an ideal opportunity for investors seeking significant value add potential. The property offers 3,960 sq. ft. of living space on a 6,511 sq. ft. lot and consists of three structures, including a front building with four 1 bedroom, 1 bath units featuring large dens, which may offer the potential to convert into 2 bedroom units (buyer to verify). The fifth unit is located above three rear single car storage garages. An additional structure with three single car storage garages provides potential for ADU conversion (buyer to verify). Recent capital improvements include copper plumbing, new flat roofs on all three structures, and updated electrical service lines with panels, breakers, and six meters. Each unit is separately equipped with its own sub panel, water heater, and wall furnace. The property also offers assigned tenant parking, additional storage income, and ample tandem parking in front of the garages. It is centrally located near Downtown LA, Koreatown, major freeways, MacArthur Park, and Echo Park.
MLS #
CRSB26059992
MLS Source
California Regional MLS
Days on Site
1
Appliances
Garbage Disposal, Other, Oven - Gas
Laundry
None
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Flat
Garage/Parking
Assigned Spaces, Garage: 6 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 5 | – |
310 S Bonnie Brae is a Residential Income in Los Angeles, CA 90057. This – square foot property sits on a 6,511 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $699,000 and was built in 1925. This address can also be written as 310 S Bonnie Brae, Los Angeles, CA 90057.
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This listing information is up-to-date as of March 31, 2026. For the most current information, please contact Ryan Versfelt