120 N Bonnie Beach Place, East Los Angeles, California 90063, East Los Angeles, 90063 - 5 bed, 3 bath
ACTIVE$850,000
120 N Bonnie Beach Place, East Los Angeles, California 90063
5Beds
3Baths
2,611Sqft
9,123Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Development Potential (R2 Zoning & Large Lot): The generous 9,120 sq. ft. R2-zoned lot offers significant potential for expansion, additional units, or redevelopment, making it highly attractive to investors and developers.
Top Cons:
Extensive Renovation Required: The property is explicitly 'in need of renovation,' implying significant capital investment, time, and effort will be required to modernize and bring it to its full potential.
Compared to the nearby listings
Price:$850.0K vs avg $689.0K (+$161,000)85%
Size:2,611 sqft vs avg 1,032 sqft98%
Price/sqft:$326 vs avg $5996%
More Insights
Built in 1908 (117 years old).
Condition: Built in 1908, this property is explicitly described as 'in need of renovation' and a 'project.' The images confirm this, showing extremely dated and worn kitchens with minimal cabinetry, basic utility sinks, and older appliances. The bathroom features very old tile, fixtures, and vanity. Flooring throughout is a mix of worn hardwood, old tile, and basic laminate. Light fixtures are basic and outdated. The overall condition indicates substantial repairs and rehabilitation are required, aligning with the 'poor' category.
Year Built
1908
Close
-
List price
$850K
Original List price
$875K
Price/Sqft
$326
HOA
-
Days on market
-
Sold On
-
MLS number
CV25189890
Home ConditionPoor
Features
Patio
View-
About this home
Spacious 5-bedroom, 3-bath home offering 2,611 sq. ft. of living space on a generous 9,120 sq. ft. R2-zoned lot in East Los Angeles’ historic Home Acre Tract. Originally built in 1908, this residence combines timeless character with room to update and make your own. Home is currently split into 3 separate units Highlights include a flexible floor plan with large living areas, ample bedrooms, central heating, and a rare California basement for extra storage or workspace. The oversized lot provides opportunities for outdoor living, gardening, or potential development. This property is in need of renovation, making it an excellent opportunity for investors, developers, or buyers seeking a project with strong upside potential. Conveniently located near schools, shopping, and commuter routes, this home offers both value and possibility.
Condition Rating
Poor
Built in 1908, this property is explicitly described as 'in need of renovation' and a 'project.' The images confirm this, showing extremely dated and worn kitchens with minimal cabinetry, basic utility sinks, and older appliances. The bathroom features very old tile, fixtures, and vanity. Flooring throughout is a mix of worn hardwood, old tile, and basic laminate. Light fixtures are basic and outdated. The overall condition indicates substantial repairs and rehabilitation are required, aligning with the 'poor' category.
Pros & Cons
Pros
Development Potential (R2 Zoning & Large Lot): The generous 9,120 sq. ft. R2-zoned lot offers significant potential for expansion, additional units, or redevelopment, making it highly attractive to investors and developers.
Multi-Unit Configuration: Currently split into 3 separate units, providing immediate income-generating potential or flexible living arrangements for multi-generational families.
Spacious Interior & High Bedroom Count: With 2,611 sq. ft. of living space, 5 bedrooms, and 3 bathrooms, the property offers substantial room for occupants, a rare find in the area.
Historic Character & Investment Upside: Built in 1908 within the historic Home Acre Tract, it possesses unique character and is explicitly positioned as an 'excellent opportunity for investors' due to its renovation needs and strong upside potential.
Strategic Location & Amenities: Conveniently located near schools, shopping, and commuter routes, complemented by practical features like central heating and a rare California basement for added utility.
Cons
Extensive Renovation Required: The property is explicitly 'in need of renovation,' implying significant capital investment, time, and effort will be required to modernize and bring it to its full potential.
Age-Related Challenges: As a 1908 build, the property likely comes with outdated systems, potential structural concerns, and higher maintenance demands typical of historic homes, which could lead to unforeseen costs.
Lack of Desirable Views: The property description indicates 'view: None,' which can be a drawback in the competitive Los Angeles market where scenic views often command a premium.