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1617 S Bonnie Brae Street, Los Angeles, CA 90006

$950,000 Approx. USD 4 beds, 4 baths
4,222 sqft

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Photo of Jesse Hlubik

Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Listing Agent

Joseph Bolognese | joe@saxumwest.com
Lic#: 01966025
Broker: Courtesy of Saxum West
Phone: 310-422-3891

Co Listing Agent

Elias Martinez | emartinez@saxumwest.com
Lic#: 02054420
Broker: Courtesy of Saxum West
Phone: 818-966-4563

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26644045

Price: $950,000

Beds: 4

Baths: 4

None fireplaces

Built in 1912

4,222 sqft

2 stories

0.15 acres

Lot size: 0.1464

County: Los Angeles

Property style: Craftsman

Zoning: LARD1.5

Parking description: Concrete,Driveway,Uncovered

Lot description: Landscaped

Heating description: Wall Furnace

MLS area: C42 - Downtown L.A.

Last Updated: 7/23/2026

Days On Market (DOM): 272

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

The style of this listing is Craftsman.
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Lat/Long: 34.042426, -118.282517.
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Previous Listing

Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423