Property Detail

Description

59035907 1/2 Bonsallo Ave | Renovated 4-Unit Multifamily with ADUs in South Los Angeles. Originally built in 1923 and comprehensively renovated in 2025, this four-unit multifamily property sits on a 5,625 SF lot and features a desirable unit mix of (2) 3-bedroom / 2-bath units and (2) 2-bedroom / 1-bath units totaling approximately 3,232 square feet. The property is currently fully leased under a master lease structure, providing stabilized day-one income with current average rents of approximately $2,550 per unit and additional upside as rents trend toward projected market levels. Renovated interiors, modernized systems, and the flexible configuration that includes two ADU units support strong tenant demand, while three on-site parking spaces enhance convenience and overall marketability. Additional operational benefits include fully paid solar on select units, tankless water heaters, and in-unit laundry hookups, contributing to improved expense efficiency and long-term operational performance.