
Los Angeles, California 90007
Analysis of 1938 Bonsallo Avenue, Los Angeles, California 90007 is currently available with a list price of $1,129,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1911, this property shows significant age and wear. The common areas, including hallways and stairwells, feature worn hardwood flooring, dated light fixtures, and a general lack of modern updates. There are no images of the kitchens or bathrooms, but given the building's age and the visible condition of other areas, it's highly probable these critical spaces are severely outdated and require full renovation. The property likely needs substantial repairs, system upgrades, and significant capital investment to meet current living standards and building codes, aligning with the 'poor' condition criteria.
The property's prime location near USC and Mount St. Mary's University ensures strong, consistent student rental demand, a key driver for occupancy and income.
As an 8-unit apartment building, it offers substantial rental income potential and portfolio diversification for investors.
The building's classic architectural charm provides a unique aesthetic that can attract tenants seeking character-rich living spaces.
Built in 1911, the property likely requires significant capital investment for deferred maintenance, system upgrades, and potential compliance with modern building codes.
The description lacks specific information on recent renovations or current unit conditions, implying potential for substantial, unquantified renovation costs for a new owner.
In a dense urban environment like Los Angeles, the absence of mentioned dedicated parking can be a significant drawback for tenants and impact rental viability.
Welcome to an opportunity to own an 8-unit apartment building in vibrant University Park. Nestled on a tree-lined street, this low-rise gem provides classic architectural charm. Located close to USC and within blocks of Mount St. Mary’s University—perfect for tapping into strong student demand. Easy biking and walking to local favorites and campus transit hubs. Surrounded by diverse retail options, restaurants, cultural venues and parks. Close to Exposition Park, Crypto Arena, and Downtown LA—all adding vibrancy and rental appeal.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1911 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 25, 2026
$1,129,000
$1,190,000
-5% Price Drop
Initial Listing
Jan 6, 2026
$1,190,000
$1,290,000
-8% Price Drop
Initial Listing
Aug 26, 2025
$1,290,000
$1,390,000
-7% Price Drop
Initial Listing
Aug 19, 2025
$1,390,000
Initial Listing
Jul 8, 2025
$1,500,000
Initial Listing