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1046 N Bonnie Beach Place, Los Angeles, California 90063, Los Angeles, 90063 - 4 bed, 2 bath

1046 N Bonnie Beach Place, Los Angeles, California 90063 home-pic-0
ACTIVE$645,000$1,082/sqft
Est. Value: $700,629
8%
BelowEstimate
1046 N Bonnie Beach Place, Los Angeles, California 90063
4Beds
2Baths
1,082Sqft
4,774Lot

Price Vs. Estimate

The estimated value ($700,628.525) is $55,628.525 (8%) higher than the list price ($645,000). This property may be underpriced.

Key pros and cons

Top Pros:
Versatile Living & Income Potential: The property features 4 bedrooms, 2 bathrooms, and an additional studio, offering flexible living arrangements, potential for rental income, or a dedicated home office space.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$645.0K vs avg $680.0K ($-35,000)37%
Size:1,082 sqft vs avg 1,028 sqft53%
Price/sqft:$596 vs avg $62041%

More Insights

Built in 1948 (78 years old).
Condition: The property, built in 1948, has received recent cosmetic updates including a modern kitchen with quartz countertops, maple cabinets, and new windows/exterior paint. However, the overall condition is pulled down by the age of the core structure and likely older major systems (HVAC, plumbing, electrical), as indicated by the visible wall heater and popcorn ceilings. The listing description also notes 'potential for older systems' and 'further customization required,' suggesting it's not fully turn-key despite the kitchen update. No bathroom images were provided for assessment.
Year Built
1948
Close
-
List price
$645K
Original List price
$645K
Price/Sqft
$596
HOA
-
Days on market
-
Sold On
-
MLS number
CV25278199
Home ConditionFair
Features
Good View: City Lights, Neighborhood
Patio
ViewCity Lights,Neighborhood

About this home

Awesome 4 Bedroom 2 Bath home with studio in the heart of Los Angeles. This property offers a functional floor plan, abundant natural light, and endless potential to customize or enhance to your taste. Upgrades include new windows, updated kitchen with quartz countertops, maple cabinets and new exterior paint. Situated on a quiet residential street, the home provides comfortable living with ample indoor and outdoor space. The yard offers room for entertaining, gardening, or future expansion, making it ideal for families, first-time buyers, or investors. Conveniently located near major freeways, schools, Cal State L.A., shopping, dining, and public transportation with easy access to Downtown Los Angeles and surrounding neighborhoods. Whether you’re looking for a primary residence or an investment opportunity, this property presents a fantastic chance to own in a rapidly developing area. Don’t miss this opportunity to create value and make this home your own. Schedule your private showing today!!

V
Victor Prieto
Listing Agent
Condition Rating
Fair
The property, built in 1948, has received recent cosmetic updates including a modern kitchen with quartz countertops, maple cabinets, and new windows/exterior paint. However, the overall condition is pulled down by the age of the core structure and likely older major systems (HVAC, plumbing, electrical), as indicated by the visible wall heater and popcorn ceilings. The listing description also notes 'potential for older systems' and 'further customization required,' suggesting it's not fully turn-key despite the kitchen update. No bathroom images were provided for assessment.
Pros & Cons

Pros

Versatile Living & Income Potential: The property features 4 bedrooms, 2 bathrooms, and an additional studio, offering flexible living arrangements, potential for rental income, or a dedicated home office space.
Recent Key Upgrades: Significant recent improvements include new windows, an updated kitchen with quartz countertops and maple cabinets, and new exterior paint, enhancing the home's appeal and reducing immediate maintenance for a buyer.
Strategic Los Angeles Location: Situated in the heart of Los Angeles on a quiet residential street, with convenient access to major freeways, schools, Cal State L.A., shopping, dining, and public transportation, including easy reach to Downtown Los Angeles.
Outdoor Space & Expansion Potential: The property boasts ample indoor and outdoor space, with a 4,774 sqft yard offering room for entertaining, gardening, or future expansion, a valuable asset in an urban environment.
Value-Add & Investment Opportunity: Described as having 'endless potential to customize or enhance' in a 'rapidly developing area,' this property presents a strong opportunity for buyers to create value and potentially see appreciation.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Compact Interior Footprint: At 1082 sqft for 4 bedrooms and a studio, the interior space is relatively compact, which may result in smaller room sizes and could be a consideration for buyers seeking more expansive living areas.
Potential for Older Systems: Built in 1948, while cosmetic upgrades are noted, major systems such as plumbing, electrical, and HVAC (no central AC mentioned) may still be original or older, potentially requiring future investment or upgrades.
Further Customization Required: The description highlights 'endless potential to customize or enhance,' indicating that while some updates are done, the property is not fully turn-key and may require additional buyer investment to meet specific modern tastes or standards.
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