Description

Located in the Highly sought after Alvarado Terrace Historic District of Pico Union, this 1900s Craftsman 5 bedroom 3 bath plus bonus room House awaits the creative Investor or Developer to restore it. Residence boast 2207 sq ft of living space on a lot of 5625 with a Detached two car garage that can potentially be developed into a Guest house or ADU . Used as a boarding house in the past , upon entering you are greeted by a long corridor with Two Independent Living Spaces on each side and enclosed by Large Double doors. Presently Tenant occupied ,each of these living spaces feature a 1bedroom ,living room, kitchen and bathroom . Upstairs you will find incredible sq footage featuring 4 Large bedrooms and One full bathroom. Suggested After repair value (ARV) is 1.2 million ! Zoning is LARD1.5 Surrounded by Million dollar properties with Excellent Transit and just minutes away from Downtown Los Angeles ,Crypto Arena, Larchmont Village, Westlake Village and Hollywood ..location is prime. Don't miss it, great opportunity for the right Investor. Owner motivated, open house coming soon. PLEASE DO NOT DISTURB TENANTS!!!

Property details

Bedrooms

4

Bathrooms

2

Square feet

2,207

Year built

1903

Property type

Residential

Lot size

5,625 sqft

Location

1242 S Bonnie Brae • Los Angeles, CA 90006

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Listed by

Jaime Mayorga · Realty One Group West

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Closed sales reported in 90006, nearest first, last 12 months. All recent sales in Los Angeles →

4-Bedroom Residential - 1242 S Bonnie Brae, Los Angeles, CA