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943 S Bonnie Beach Place, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:CENTURY 21 Cornerstone
943 S Bonnie Beach Place,Los Angeles, CA 90023
$2,750,000
  • 18 Beds
  • 16 Baths
  • 8,400 sq. ft.
  • Multi-family
  • Active
Listed by: sean rosenzweig
Office: marcus & millichap310-909-5500
MLS#:26986177
Source:CRMLS

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$327.38

About this home

We are pleased to offer for sale 943 South Bonnie Beach Place, a 16-unit apartment community located in East Los Angeles, about five miles east of Downtown Los Angeles.Built in 1923, the property comprises 8,400 square feet of improvements across nine buildings on a 16,000-square-foot parcel. Its unit mix is 14 one-bedroom units and two two-bedroom units. The property delivers strong in-place yield at a 6.90% scheduled cap rate and an 8.83 gross rent multiplier. Approximately 15% rental upside remains, capturable through ordinary turnover.With a Walk Score of 78, most errands can be accomplished on foot. Whittier Boulevard, the main commercial corridor of East Los Angeles, runs just north of the property. The 5, 60 and 710 Freeways put Downtown Los Angeles and the industrial employment centers of Vernon and Commerce within commuting distance.943 South Bonnie Beach Place offers investors an opportunity to acquire an income-producing asset with remaining upside in East Los...

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Home facts

  • Year built:1923
  • Listing ID #:26986177
  • Added:2 day(s) ago
  • Updated:September 12, 2026 at 11:16 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16
  • Living area:8,400 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:8,400 sq. ft.
  • Lot area:0.37 Acres

Finances and disclosures

  • Price:$2,750,000
  • Price per sq. ft.:$327.38

Parking

  • Total parking spaces:11
  • Parking description:Uncovered
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