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1978 Bonsallo

Los Angeles, CA 90007
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Bed 6

Bed

Bath 5

Bath

SqFt6,244

Sqft(Lot)

We are pleased to present 1978 Bonsallo Avenue, a 6-unit multifamily investment opportunity in University Park, Los Angeles. Built in 1923, the two-story, 3,456 SF building sits on a 6,244 SF lot one block south of the I-10 — roughly a mile north of the USC campus and Exposition Park and two miles from Downtown Los Angeles, in one of the most renter-dense pockets in the city. The property offers a well-balanced mix of one 3-bed / 2-bath, two 2-bed / 1-bath, one 1-bed / 1-bath and two studio units. Interiors have been renovated with new shaker cabinetry, stone-look counters, stainless appliances, luxury vinyl plank flooring and updated tiled baths; gas and electricity are separately metered to each unit, and a large front parking court and rear balcony complete the offering. Avera ge in-place rent of $2,115 sits well below market — pro forma rents of $2,441 represent roughly 15% upside on natural turnover. Offered at $1,500,000 ($250,000 per unit, $434.03 per SF), the asset delivers a 7.02% in-place cap rate growing to 8.46% pro forma and a 9.85 GRM, with demand anchored by USC, Exposition Park and Downtown's 325,000 jobs.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,500,000

AD Id : 91288944

MLS Id : PW26202470

Beds : 6

Lot Size : 6,244 Sq. Ft

Year Built : 1923

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1923
    Building Area Total: 3456
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6244 Lot Size Acres: 0.1433 Lot Size Source: Assessor Lot Size Square Feet: 6,244 Lot Description: RectangularLot

  • Listing Price Information

    Listing Price: $1500000
    Cash, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 5124033013 Tax Lot: 33

  • Parking Information

    Parking Total: 6

  • Location Information

    Direction: West of Figueroa and South of Washington WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2107 Oak Street, Los Angeles, CA, 90007 $1,299,999 4 5 -- 6,500 Sq. Ft
1143 W 28th, Los Angeles, CA, 90007 $2,449,000 16 16 -- 8,483 Sq. Ft

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ByOwner last updated this listing 09/18/2026 @ 10:35

MLS: PW26202470 LISTED BY: Ryan Gonzalez, Lyon Stahl Investment Real Est 310-425-9838 SOURCE: CRMLS

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