1182 N Bonnie Beach, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 2 bath
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Los Angeles, California 90063
This Value-Add Residential Asset is listed at $650,000, positioned near its $626,214 Fair Market Value. Holding a Condition Rating of 5, the property requires substantial rehabilitation but offers significant upside through its Panoramic Downtown Los Angeles Views, deck, and a generous 5,965 sq ft lot with ADU Potential. Located within the Los Angeles Unified district, the site's development capacity and proximity to DTLA provide a clear path for forced appreciation. This "as-is" sale is a strategic acquisition for Fix-and-Flip Investors or Developers looking to capitalize on East LA's growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1182 N Bonnie Beach Subject | $650,000* List Price | 3 | 2 | 968 | $647 | - |
A 1129 N Alma Sold | $540,000 | 3 | 2 | 792 | $682 | 0.7 mi |
B 3852 Woolwine Drive Sold | $650,000 | 3 | 1 | 1,005 | $647 | 0.2 mi |
C 1563 Mcgilvrey Sold | $615,000 | 3 | 2 | 1,284 | $479 | 0.6 mi |
D 4248 Michigan Avenue Sold | $649,888 | 3 | 1 | 840 | $774 | 1.0 mi |
E 3754 Dwiggins Street Sold | $657,000 | 2 | 1 | 790 | $832 | 0.3 mi |
F 3353 City Terrace Active | $575,000 List Price | 3 | 1 | 1,012 | $568 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is sold 'as-is' and requires substantial rehabilitation. Interior images show heavily stained and damaged carpeting, unfinished subflooring, exposed electrical wiring, and missing baseboards. While some kitchen cabinets appear newer, the renovation is incomplete, and the bathroom shows significant deferred maintenance and unfinished repairs around the plumbing.
The property features stunning, panoramic views of the Downtown Los Angeles skyline from multiple vantage points, a high-value asset that distinguishes it from other homes in the area.
With a generous 5,965 sq ft lot, there is ample space for a home expansion or the addition of an Accessory Dwelling Unit (ADU), offering excellent upside for investors and flippers.
Situated in an established neighborhood with immediate access to major freeways and proximity to DTLA, the location is ideal for professionals seeking a short commute to the city center.
The home is sold in strictly 'as-is' condition and requires significant repairs, which may pose challenges for traditional financing and requires a buyer ready for a major project.
The 968 sq ft interior is relatively small for a 3-bedroom, 2-bathroom configuration, resulting in tighter room dimensions that may require creative remodeling to maximize functionality.
Great opportunity in East Los Angeles! This 3-bedroom, 2-bathroom home offers approximately 968 sq ft of living space on a spacious lot, featuring incredible views of Downtown Los Angeles from multiple areas of the home. Property needs repairs and is ideal for investors, flippers, or buyers looking to customize a home to their own taste. Large lot provides potential for expansion, ADU possibilities (buyer to verify), or outdoor improvements. Located in an established neighborhood with convenient access to freeways, Downtown Los Angeles, schools, and local amenities. Property to be sold in its present “AS-IS” condition. Seller will not make any repairs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 968 | 1,170 | 35% |
| Lot Size | 5,965 | 4,901 | 74% |
| Price | $650.0K | $680.0K | 47% |
| Price per sq ft | $671 | $602 | 60% |
| Built year | 1962 | 1925 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 172 | 5% |
Apr 17, 2026
$650,000
Initial Listing
Feb 28, 2023
$620,000
Public Record