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220 S Bonnie Brae St
Los Angeles, CA 90057 Westlake North

$1,225,000 USD

Apartments For Sale  •  6,989 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,989 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1948
  • Cap Rate 6.13 %
  • Zoning R4-1 Tier 1
72 Transit Score
91 Walk Score

Highlights

6 Units with ADU as RTI for a 7th Unit
Very Walkable, Excellent Transit, Bikeable - per Walk Score
Around a fifteen minute walk to the Metro Lightrail Subway Station
High-Demand Area with Great Redevelopment Potential: Build 70± Units by ED-1
Existing Income while working on new development for the 8,287 SF of R4-1 Tier 1 Street to Alley Lot
Massive new project on north end of the block (Belle on Bev)

Property Flyers

Financial Summary (Actual)

Net Operating Income: $75,138 USD (2024)
Cap Rate: 6.13 %
Total Expenses: $45,029 USD

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 6 min - 2.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 14 min 0.8 mi
AirportDriveWalkDistance
Bob Hope 22 min - 13.3 mi
Los Angeles International 26 min - 14.9 mi
Long Beach (Daugherty Field) 33 min - 23.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: OneCarGarage
Included in Rent: Yes
Dario Svidler 424-600-7633 Partners CRE - KWBH
Dario Svidler 424-600-7633 Partners CRE - KWBH