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1978 Bonsallo Ave
Los Angeles CA 90007 US

$1,725,000

Active Listing ID 26669083
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7 bed
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4.00 Bath (7 Full)
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Lot: 0.14 Acres
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Other

$1,725,000

Active Listing ID 26669083
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1978 Bonsallo Ave 6.4% 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 6.4% 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 young professional tenants. Each unit has been extensively renovated, showcasing brand new kitchens, designer-finished bathrooms, hardwood-style flooring, and fresh interior paint, all paired with efficient, functional floor plans that maximize rentability and long-term tenant appeal. The property spans approximately 3, 456 SF on a quiet, tree-lined street in a sought-after rental pocket. Located less than a mile from USC, minutes to USC Village, and with easy access to Downtown LA, LA Live, and Arena. Tenants also benefit from walkable access to the Expo Line and convenient connectivity to the 10 and 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). This is a turnkey, stabilized investment with strong in-place cash flow and clear, near-term rental upsideideal for investors seeking both security and growth in a high-demand Los Angeles submarket.

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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 7
  • Cooling System: Wall Unit(s)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1725000
  • unparsedaddress: 1978 Bonsallo Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90007
  • bathroomsfull: 7
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1434
  • lotsizeunits: Acres
  • lotsizearea: 0.1434
  • livingarea: 3456
  • livingareaunits: Square Feet
  • latitude: 34.033729
  • longitude: -118.276334
  • listagentfullname: Vinnie Park
  • listagentemail: vinniepark@hotmail.com
  • listagentkey: 3yd-CLAWCA-C125350
  • listagentmlsid: C125350
  • listagentpreferredphone: 2133329045
  • listagentofficephone: 3237622600
  • listofficekey: 3yd-CLAWCA-X74850
  • listagentstatelicense: 02015848
  • listofficemlsid: X74850
  • disclaimer: Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1923
  • listingcontractdate: 2026-03-24
  • listagentfax: 2133657117
  • listagenturl: http://www.kwlarchmont.com
  • countyorparish: Los Angeles
  • parcelnumber: 5124-033-013
  • cooling: Wall Unit(s)
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bedroom 7, Bedroom 4, Bathroom 7, Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 2
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.27634, 34.03373
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Listing Changed: 3/25/2026 1:48:13 PM GMT
Source Updated Date: 3/26/2026 12:59:44 PM GMT

Courtesy of: Vinnie Park, Keller Williams Larchmont, vinniepark@hotmail.com

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.