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227 Bonnie Brae Street Los Angeles, CA 90057

Los Angeles, CA 90057

$1,175,000 USD

The Details

Transaction Typefor sale
Property TypeCommercial
Built in1956

About this home

Located in Westlake, 227 S. Bonnie Brae offers an ideal opportunity to acquire a value-add, cash flowing 8-unit property. The property is currently operating at a 5.26 Cap Rate and 10.5 GRM with tons of upside in rental income! Built in 1956, the Bonnie Brae apartments have been well maintained by ownership. Four of the units have been renovated with new flooring, cabinets, fixtures, and bathrooms, allowing manag...
Web ID: 94009322
Listing Courtesy of NORTHMARQ REALTY SERVICES, INC, (949) 717-5200, CAREIL:OC25041643

key features

Other
  • Laundry Area
  • Mid Block
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