Consisting of one, three-story building, the property is situated on a 7,500 Square Foot parcel. The property features 12 Singles and six one-bedroom/one-bathroom units. Bonnie Brae features eight on-site parking spaces, on-site laundry and secured access. Due to its 1918 construction, the property is subject to Los Angeles Rent Control statutes. An astute investor should be able to implement a thorough interior renovation program, continued implementation of the RUBS program, and take advantage of the upside in rental income.
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Listing Courtesy ofMarcus & Millichap