445 S Bonnie Beach Place, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath

445 S Bonnie Beach Place, Los Angeles, California 90063 home-pic-0
ACTIVE$999,000
445 S Bonnie Beach Place, Los Angeles, California 90063
0Bed
0Bath
2,950Sqft
6,350Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Triplex: The property is a well-maintained triplex, offering significant income potential for investors or owner-occupants.
Top Cons:
Property Age: Built in 1959, the property may have underlying older systems (e.g., plumbing, electrical) that could require future maintenance or upgrades not covered by recent renovations.

Compared to the nearby listings

Price:$999.0K vs avg $775.0K (+$224,000)80%
Size:2,950 sqft vs avg 1,977 sqft84%
Price/sqft:$339 vs avg $35340%

More Insights

Built in 1959 (66 years old).
Condition: The property was built in 1959, making it over 60 years old. While the listing mentions 'numerous recent upgrades,' the images show inconsistent levels of renovation. One kitchen has updated white cabinets and recessed lighting but features dated laminate countertops and black tile flooring. Another kitchen is significantly older with yellow walls, original-looking tiled countertops, and older appliances. Bathrooms show a mix of more modern fixtures (like a vessel sink) and older styles. Flooring varies between tile, older hardwood, and laminate. The presence of a window AC unit suggests a lack of central cooling. Overall, the property appears maintained and functional, but many components are outdated and would require further updates to meet current standards and appeal.
Year Built
1959
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$339
HOA
-
Days on market
-
Sold On
-
MLS number
PW25147884
Home ConditionFair
Features
Patio
View-

About this home

Incredible Investment Opportunity in Prime East LA Location! Don’t miss this well-maintained triplex featuring a spacious 3-bedroom, 3-bath front unit and two 1-bedroom, 1-bath units—perfect for owner-occupants or savvy investors. The property boasts numerous recent upgrades and is ideally located near the East LA Civic Center, Cal State LA, and just minutes from downtown LA. Easy access to major freeways adds to the convenience. This versatile and income-generating property won’t last!

Condition Rating
Fair

The property was built in 1959, making it over 60 years old. While the listing mentions 'numerous recent upgrades,' the images show inconsistent levels of renovation. One kitchen has updated white cabinets and recessed lighting but features dated laminate countertops and black tile flooring. Another kitchen is significantly older with yellow walls, original-looking tiled countertops, and older appliances. Bathrooms show a mix of more modern fixtures (like a vessel sink) and older styles. Flooring varies between tile, older hardwood, and laminate. The presence of a window AC unit suggests a lack of central cooling. Overall, the property appears maintained and functional, but many components are outdated and would require further updates to meet current standards and appeal.
Pros & Cons

Pros

Income-Generating Triplex: The property is a well-maintained triplex, offering significant income potential for investors or owner-occupants.
Versatile Unit Configuration: Features a spacious 3-bedroom, 3-bath main unit and two 1-bedroom, 1-bath units, providing flexible living arrangements and diverse rental income streams.
Prime East LA Location: Situated in a highly desirable East LA area, close to the Civic Center, Cal State LA, and minutes from downtown LA, enhancing tenant demand and potential appreciation.
Excellent Accessibility: Benefits from easy access to major freeways, which is a key convenience factor for residents and increases the property's rental appeal.
Recent Property Upgrades: The property boasts numerous recent upgrades, suggesting reduced immediate maintenance costs and improved tenant desirability.

Cons

Property Age: Built in 1959, the property may have underlying older systems (e.g., plumbing, electrical) that could require future maintenance or upgrades not covered by recent renovations.
Vague Upgrade Details: The description mentions 'numerous recent upgrades' but lacks specific details, making it difficult to assess the scope, quality, and impact on long-term value or potential deferred maintenance.
Unspecified Parking: The listing does not provide information regarding parking availability, which is a critical amenity for a multi-unit property in Los Angeles and could be a significant drawback if limited or absent.

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