1978 Bonsallo Avenue, Los Angeles, CA 90007

Multi-Family · For sale · $1,599,800 · MLS# 26847235

Multi-Family for sale in Southern California — $1,599,800. 7 beds · 4 baths · 3,456 sqft. 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…

1978 Bonsallo Avenue
For sale

$1,599,800

1978 Bonsallo Avenue, Los Angeles, CA 90007

7beds
4baths
3,456sqft
Multi-FamilyProperty type
1923Year built
6,246 sqft lotLot size
3,456 sqftLiving area
$463/sqftPrice / sqft
HOA
6 spacesParking

Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Heating

  • Heating: Wall Furnace

Appliances

  • Included: Refrigerator

Interior area

  • Living area: 3,456 sqft

Property

Parking

  • Total parking spaces: 6

Lot

  • Lot size: 6,246 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1923

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 35 days
  • Price / sqft: $463
  • Status: Active
  • MLS#: 26847235

Location

  • City: Los Angeles
  • ZIP: 90007

About this home

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.

Listing updated: June 21, 2026 at 12:15 AM

Listed by: Vinnie Park, Keller Williams Larchmont

Source: CRMLS, MLS#: 26847235, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Heating

  • Heating: Wall Furnace

Appliances

  • Included: Refrigerator

Interior area

  • Living area: 3,456 sqft

Property

Parking

  • Total parking spaces: 6

Lot

  • Lot size: 6,246 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1923

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 35 days
  • Price / sqft: $463
  • Status: Active
  • MLS#: 26847235

Location

  • City: Los Angeles
  • ZIP: 90007

Price history

DateEventPrice
6/13/2026Source: CRMLS, #26847235Listed for sale$1,599,800$463/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-21 00:15:02 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information