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  • 1978 Bonsallo Avenue

1978 Bonsallo Avenue, Los Angeles, CA 90007

$1,599,800 Approx. USD 7 beds, 4 baths
3,456 sqft

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Photo of Dennis Kamrany

Dennis Kamrany REALTORĀ® - Sales Associate 310-699-7010 m
Lic#: 01933492
NRDS ID: 175525183
denniskamrany@gmail.com
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Lic#: 01933492
NRDS ID: 175525183
denniskamrany@gmail.com
Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
Phone: 310-829-0629
Fax: 310-829-7541
Santa Monica 3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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Fax: 310-829-7541
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Listing Agent


Vinnie Park | vinniepark@hotmail.com
Lic#: 02015848
Broker: Courtesy of Keller Williams Larchmont
Phone: 213-332-9045

Agent Remarks

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 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 Crypto.com 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26847235
Price: $1,599,800
Beds: 7
Baths: 4
Built in 1923
3,456 sqft
2 stories
0.14 acres
Lot size: 0.1434
County: Los Angeles
Zoning: LARD1.5
Appliances: Refrigerator
Parking description: Assigned
Heating description: Wall Furnace
MLS area: C42 - Downtown L.A.

Last Updated: 6/13/2026

 Days On Market (DOM): 5

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.033729, -118.276334.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Dennis Kamrany

Dennis Kamrany REALTORĀ® - Sales Associate 310-699-7010 m
Lic#: 01933492
NRDS ID: 175525183
denniskamrany@gmail.com
Text Me
Call My Cell
Lic#: 01933492
NRDS ID: 175525183
denniskamrany@gmail.com

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