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$950,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 3 days ago
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Located within a small, privately held residential compound, 1617 S Bonnie Brae St presents an opportunity to acquire a four-unit, two-story multifamily property in a central Los Angeles location. Built in 1912, the property consists of four (4) very large 1BR/1BA units totaling approximately 4,222 square feet on a 6,377 square foot lot. The building is separately metered for electricity, with the landlord responsible for water only. Zoned RD1.5-1 and located within a Historic Preservation Overlay Zone (HPOZ) and TOC Tier 3, the property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). The property is currently tenant-occupied and generating approximately $5,300 in monthly gross rent, offering long-term rental upside for an investor willing to improve operations and address deferred maintenance. 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. Buyer to independently verify square footage, unit mix, zoning, rent control applicability, permits, and all development or redevelopment potential. Ideally situated near DTLA, Koreatown, USC, and major transportation corridors. Note: interior photos were limited for privacy reasons as the property is occupied.

Full Property Details for 1617 S Bonnie Brae St

General

  • Price: $950,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26644045
  • Updated: 1/28/2026
  • Added to Site: 9 day(s) ago

Interior

  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Bathroom Features: Shower Over Tub

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Gated
  • Other Features: None

Parking

  • Garage Description: Driveway, Driveway - Concrete, Uncovered, Driveway Gate

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Driving Directions: Venice Blvd. to S Bonnie Brae St
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Architectural Style: Craftsman
  • Roof: Shingle
  • Entry Location: Ground Level w/steps
  • Stories/Levels: 2
  • Square Feet: 4,222
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1912
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: City Lights, Tree Top, Skyline, Trees/Woods
  • Lot Size (Acres): 0.1464
  • Lot Size: 6379
  • Lot Size Source: Vendor Enhanced
  • Lot Features: City
  • Zoning: LARD1.5
  • Lot Description: 2-4 Lots, Fenced Yard, Gated Community, Landscaped

Financial Considerations

  • Price Per Sq. Ft.: $225.01
  • Assessment Year: 1912
  • Owner Pays: Gardener
  • Tenant Pays: Gas, Electricity, Water, Trash Collection, Cable TV

Disclosures and Reports

  • Disclosures/Reports: Subject To Other, Rent Control, Historical, As Is
  • APN: 5135-009-014

Listed by Saxum West, Joseph Bolognese and Saxum West, Elias Martinez

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Listing agents

— 1617 S Bonnie Brae St —

  • Joseph Bolognese

    Saxum West

  • Elias Martinez

    Saxum West

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1617 S Bonnie Brae St

School District:Los Angeles Unified School District
NameGradesDistance
Magnolia Avenue Elementary School
1626 S. Orchard Ave., Los Angeles, CA 90006
PK-50.3 mi
Berendo Middle School
1157 South Berendo Street, Los Angeles, CA 90006
6-80.9 mi
West Adams Preparatory High School
1500 West Washington Boulevard, Los Angeles, CA 90007
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1617 S Bonnie Brae St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/27/2026
Listed
$950,000
387.18%
MLS
2/10/2003
Sold
$195,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1617 S Bonnie Brae St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,734
3%
$936,302
151%
2023
$11,357
328%
$373,062
2%
2022
$2,652
-44%
$365,748
2%
2021
$4,739
-1%
$358,578
1%
2020
$4,779
4%
$354,903
2%
2019
$4,606
1%
$347,945
2%
2018
$4,546
2%
$341,123
2%
2017
$4,456
3%
$334,435
2%
2016
$4,311
1%
$327,879
2%
2015
$4,253
-1%
$322,955
2%
2014
$4,294
—
$316,629
—
2013
$4,289
—
$315,199
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1617 S Bonnie Brae St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Saxum West, Joseph Bolognese and Saxum West, Elias Martinez

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1617 S Bonnie Brae St, Los Angeles, CA 90006 (MLS# 26644045) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 1617 S Bonnie Brae St is currently listed for $950,000 and was received on January 27, 2026. Want to learn more about 1617 S Bonnie Brae St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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