1978 Bonsallo Avenue Los Angeles, CA 90007
Listing Courtesy of: CRMLS / Listed By: Vinnie Park, Keller Williams Larchmont

  1978 Bonsallo Avenue Los Angeles, CA 90007

Active (1 Days)
$1,599,800 (USD)
7
BED
4
BATH
3,456
SQFT

Description

APPX 7% CURRENT CAP RATE | FULLY RENOVATED & STABILIZED 6-UNIT IN USC DPS PATROL ZONE | SIGNIFICANT RENTAL UPSIDE! 1978 Bonsallo presents a rare opportunity to acquire a fully renovated, stabilized 6-unit asset in one of Los Angeles' most reliable student housing markets. While the property is already performing at a 6.8% cap rate, it offers meaningful upside through organic rent growth, as rents are slightly below market creating immediate potential for increased income. Ideally positioned near USC and Mount St. Mary's University, the property features charming Cape Cod-style architecture (originally built in 1923) across two structures, with an excellent unit mix: (1) detached 3BD/2BA home, (2) 2BD/1BA units, (1) 1BD/1BA, and (2) large studios, a highly desirable layout for student and young professional tenants. Each unit has been extensively renovated, showcasing brand new kitchens, designer-finished bathrooms, hardwood-style flooring, and fresh interior paint, all paired with efficient, functional floor plans that maximize rentability and long-term tenant appeal. The property spans approximately 3,456 SF on a quiet, tree-lined street in a sought-after rental pocket. Located less than a mile from USC, minutes to USC Village, and with easy access to Downtown LA, LA Live, and Crypto.com Arena. Tenants also benefit from walkable access to the Expo Line and convenient connectivity to the 10 and 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). This is a turnkey, stabilized investment with strong in-place cash flow and clear, near-term rental upsideideal for investors seeking both security and growth in a high-demand Los Angeles submarket.

MLS #:
26847235
Lot Size
6,246 SQFT
Type
Multifamily
Year Built
1923
County
Los Angeles County

Listed By

Vinnie Park, Keller Williams Larchmont
Source
CRMLS
Last checked Jun 15 2026 at 12:56 AM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
Heating and Cooling
  • Wall Furnace
Parking
  • Assigned
Stories
  • 2
Living Area
  • 3,456 sqft
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {6/14/26 17:56} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.