1978 Bonsallo Avenue
Los Angeles, CA 90007
7
Bed
0
Bath
3,456Sqft
6,246Sqft(Lot)
APPX 7% CURRENT CAP RATE | FULLY RENOVATED & STABILIZED 6-UNIT IN USC DPS PATROL ZONE | SIGNIFICANT RENTAL UPSIDE! 1978 Bonsallo presents a rare opportunity to acquire a fully renovated, stabilized 6-unit asset in one of Los Angeles' most reliable student housing markets. While the property is already performing at a 6.8% cap rate, it offers meaningful upside through organic rent growth, as rents are slightly below market creating immediate potential for increased income. Ideally positioned near USC and Mount St. Mary's University, the property features charming Cape Cod-style architecture (originally built in 1923) across two structures, with an excellent unit mix: (1) detached 3BD/2BA home, (2) 2BD/1BA units, (1) 1BD/1BA, and (2) large studios, a highly desirable layout for student and y
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 7Bathroom Information
Total Baths: 4 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Refrigerator -
Heating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1923 Building Area Total: 3,456
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1434 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6246
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Listing Price Information
Original List Price: 1,599,800 Listing Contract Date: 2026-06-13 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5124033013
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Garage and Parking
Garage Description: AssignedHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 1329 Directions: North of Adams, West of Figueroa Zoning: LARD1.5 Source Property Type: Residential Income Area: C42 - Downtown L.A. -
Building and Construction
Property Age: 103 Year Built Source: Vendor Enhanced Total Square Feet Living: 3456 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 225 W Adams Boulevard, Los Angeles, CA, 90007 | $1,775,000 | -- | -- | 8,540 | 8,540 SqFt |
| 1938 Bonsallo Avenue, Los Angeles, CA, 90007 | $1,129,000 | -- | -- | 5,964 | 5,964 SqFt |
| 2119 S Union Avenue, Los Angeles, CA, 90007 | $1,525,000 | 15 | -- | 6,671 | 6,671 SqFt |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 3,104 SqFt |
| 1016 W 24th, Los Angeles, CA, 90007 | $1,800,000 | -- | -- | 8,563 | 8,563 SqFt |
| 721 W 30th Street, Los Angeles, CA, 90007 | $7,100,000 | 25 | -- | 12,928 | 12,928 SqFt |
| 716 W 30th Street, Los Angeles, CA, 90007 | $2,988,888 | 15 | -- | 5,615 | 5,615 SqFt |
| 2623 Ellendale Place, Los Angeles, CA, 90007 | $8,500,000 | 28 | -- | 17,099 | 17,099 SqFt |
| 1543 W 22nd Place, Los Angeles, CA, 90007 | $849,000 | -- | -- | 3,168 | 3,168 SqFt |
| 1431 W 24th Street, Los Angeles, CA, 90007 | $1,575,000 | 16 | -- | 4,320 | 4,320 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 02:05
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