Property Detail

Description

1625 S Bonnie Brae Street presents a rare opportunity to acquire a large, two-story residence within a private, compound-like setting near the heart of Los Angeles. Comprised of approximately 2,846 square feet on a 6,377 square foot lot, the property is recorded as a duplex on title but is currently configured and utilized as a single-family style residence with four bedrooms and three bathrooms. The home features generous room sizes, and a layout well-suited for multigenerational living, work-from-home use, or creative reconfiguration. The property is currently leased to a master tenant who subleases one bedroom to another tenant; the tenant has expressed willingness to cooperate with vacating the property post-closing should the buyer desire the property to be vacant. Zoned RD1.5-1 and located within an historical preservation zone, the property offers long-term upside while maintaining its existing residential character. The property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). Ideally located near DTLA, Koreatown, USC, major transit corridors, and the 10, 110, and 101 freeways. Buyer to independently verify square footage, unit count, bedroom and bathroom count, permits, zoning, rent control applicability, and the legality of all improvements, systems, and configurations. The property is part of a unique cluster of four contiguous parcels under common ownership, which may be purchased individually or together as a portfolio. All four parcels can be purchased together for $2,950,000. Note: interior photos were limited for privacy reasons as the property is occupied.