Multi-Family for sale in Southern California — $1,400,000. 8 beds · 4 baths · 4,835 sqft. Rare development opportunity, LAR4-1 zoning, TOC Tier 3 designation, steps from MacArthur Park Metro Station. 7,870 SF rectangular lot. Est. ~33 buildable units with a density bonus, increased FAR, and potentially eli…
$1,400,000
446 S Bonnie Brae Street, Los Angeles, CA 90057
Rare development opportunity, LAR4-1 zoning, TOC Tier 3 designation, steps from MacArthur Park Metro Station. 7,870 SF rectangular lot. Est. ~33 buildable units with a density bonus, increased FAR, and potentially eliminated parking per AB 2097, subject to City review and independent verification. Existing improvements: 4-unit residential building built 1921 (approx. 4,835 SF). Sold strictly AS-IS. Owner-occupied unit delivered vacant at close of escrow. Three units tenant-occupied and subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and California's Tenant Protection Act (AB 1482). All three tenancies transfer to the buyer at close of escrow. Unit 3 currently operates as a licensed family daycare home. SB 234 protections may apply. Buyer strongly advised to retain qualified RSO and land use legal counsel prior to making an offer. All development figures are estimates only. Buyer to independently verify all assumptions with a licensed architect and the City of Los Angeles. Seller and listing brokerage make no guarantees regarding development potential, tenant status, or future financial performance. Equal Housing Opportunity.
Listing updated: July 16, 2026 at 12:14 AM
Listed by: Edit Benyi, Coldwell Banker Envision
Source: CRMLS, MLS#: 26857199, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
7/08/2026 Source: CRMLS, #26857199 | Listed for sale | $1,400,000$290/sqft |
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