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 Investor Asset is listed at $650,000, positioned as a strategic entry into the East Los Angeles market. Currently holding a Condition Rating of 5, the home requires a comprehensive rehab to address unfinished structural elements and modernize the 968 sq ft interior. The primary value lies in the 5,965 sq ft lot with ADU Potential and Panoramic DTLA Views, which command a premium in this established neighborhood. This "as-is" acquisition is ideal for Fix-and-Flip Investors or Contractors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1182 N Bonnie Beach Subject | $580,000* List Price | 3 | 2 | 968 | $620 | - |
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 1023 Sentinel Avenue Sold | $500,000 | 2 | 1 | 980 | $510 | 0.9 mi |
E 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 in a state of mid-renovation; while the kitchen and dining areas feature modern updates, other rooms have significant defects including holes in walls, unfinished flooring, and exposed structural elements. The listing explicitly targets investors and flippers for a full rehab.
The property features stunning views of the Downtown Los Angeles skyline from multiple areas of the home, a premium feature that adds significant desirability and future resale value.
Situated on a spacious 5,965 sq ft lot, there is ample room for expansion or the addition of an Accessory Dwelling Unit (ADU), offering excellent upside for investors or multi-generational living.
Located in an established neighborhood with convenient proximity to major freeways and Downtown Los Angeles, providing an ideal commute for urban professionals.
The home requires significant repairs and is being sold in 'as-is' condition, which will necessitate a substantial additional budget for renovations and modernization.
At only 968 square feet for a 3-bedroom configuration, the interior living space is relatively small and may feel cramped without a strategic layout reconfiguration or expansion.
Attention investors and buyers looking to build equity! This property offers a fantastic opportunity to update and personalize to your taste. Renovation financing options, including FHA 203(k) loans, may be available to qualified buyers, allowing eligible improvement costs to be financed along with the purchase price. Buyer to investigate and verify all financing options, loan terms, and program eligibility with lender. This is a great opportunity in East Los Angeles! This 3-bedroom, 2-bathroom home offers great living space on a spacious lot, featuring incredible views of Downtown Los Angeles from all areas of the home. 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 968 | 1,672 |
| Lot Size | 5,965 | 6,067 |
| Price | $580.0K | $1.37M |
| Price per sq ft | $599 | $801 |
| Built year | 1962 | 1939 |
| HOA | $0 | $348 |
| Days on market | 0 | 56 |
Jun 19, 2026
$580,000
$600,000
-3% Price Drop
Initial Listing
May 28, 2026
$600,000
$650,000
-8% Price Drop
Initial Listing
Apr 17, 2026
$650,000
Initial Listing
Feb 28, 2023
$620,000
Public Record