5903 Bonsallo Avenue, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

5903 Bonsallo Avenue, Los Angeles, California 90044 home-pic-0
ACTIVE$1,485,000
5903 Bonsallo Avenue, Los Angeles, California 90044
0Bed
0Bath
3,232Sqft
5,625Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Investment Potential: A high cap rate of 9.21% and a GRM of 9.82 signal strong profitability and long-term appreciation in a high-demand rental market.
Top Cons:
Future Completion & Occupancy: The 2025 year built and future on-market date suggest the property may not be fully completed or ready for immediate tenant placement, potentially delaying initial income generation.

Compared to the nearby listings

Price:$1.49M vs avg $787.5K (+$697,500)94%
Size:3,232 sqft vs avg 2,093.5 sqft81%
Price/sqft:$459 vs avg $34588%

More Insights

Built in 2025 (0 years old).
Condition: This is a 4-unit income property featuring a mix of brand new construction and extensively renovated units. The rear duplex was newly built in 2025, boasting modern finishes, vinyl plank flooring, energy-efficient dual-pane windows, tankless water heaters, in-unit laundry, and fully paid-off solar panels. These units meet the 'Excellent' criteria for being newly built. The front 1923 duplex has been extensively remodeled with updated flooring, copper plumbing, and new electrical, presenting as clean, modern, and move-in ready. The kitchens in the new units feature white shaker cabinets, quartz countertops, and stainless steel appliances, while the bathrooms are equipped with double vanities, modern fixtures, and tiled showers with glass enclosures. The overall condition, with half the property being brand new and the other half recently and thoroughly updated, warrants an 'Excellent' rating.
Year Built
2025
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
BB25170048
Home ConditionExcellent
Features
View-

About this home

Unlock the potential of this 4-unit income property located in the heart of Los Angeles, just minutes from USC, Downtown LA, and the iconic Crypto.com Arena. This turn-key investment combines modern brand new construction 2025 with classic remodeled charm and long-term value. All four units will be available, allowing new ownership the flexibility to select tenants and optimize rental income from day one. With a cap rate of 9.21% and a gross rent multiplier (GRM) of 9.82, this asset presents compelling returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties in the same area available in the portfolio—offering a great opportunity for buyers looking to invest in an individual or multiple income-generating assets. The rear structure is a newly built 2025 duplex, offering two 3-bedroom, 2-bathroom units, each measuring 912 square feet. These modern units have vinyl plank flooring, energy efficient dual-pane windows, tankless water heaters, and in-unit laundry and fully paid off solar panels, which significantly reduce utility and maintenance expenses. The 1923 duplex is remodeled to combine vintage character with modern convenience. Each of these two units offers 2 bedrooms and 1 bathroom in 704 square feet. Recent renovations include updated flooring, copper plumbing and new electrical. All four units are individually metered for gas and electricity, Whether you're focused on building equity, generating passive income, or expanding your real estate portfolio in a high-growth market, this fourplex checks all the boxes for a high-performing investment in a rapidly developing area of Los Angeles.

Nearby schools

3/10
Sixty-First Street Elementary School
Public,K-60.3mi
3/10
Budlong Avenue Elementary School
Public,K-50.5mi
4/10
Sixty-Eighth Street Elementary School
Public,K-60.6mi
3/10
Fifty-Second Street Elementary School
Public,K-50.6mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,K-60.7mi
5/10
Estrella Elementary School
Public,K-50.8mi
2/10
Main Street Elementary School
Public,K-50.9mi
3/10
Raymond Avenue Elementary School
Public,K-51.3mi
2/10
Western Avenue Elementary School
Public,K-51.3mi
2/10
John Muir Middle School
Public,6-80.3mi
2/10
Mary Mcleod Bethune Middle School
Public,6-81.1mi
3/10
Los Angeles Academy Middle
Public,6-81.4mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-120.1mi
3/10
John C. Fremont Senior High School
Public,9-121.5mi
3/10
Nava College Preparatory Academy
Public,9-122.5mi
5/10
Santee Education Complex
Public,9-123.2mi
9/10
Middle College High School
Public,9-124.6mi

Price History

Date
Event
Price
08/29/22
Sold
$605,000
01/14/11
Sold
$235,000
03/24/09
Sold
$195,000
02/24/06
Sold
$550,000
12/20/04
Sold
$373,000
Condition Rating
Excellent

This is a 4-unit income property featuring a mix of brand new construction and extensively renovated units. The rear duplex was newly built in 2025, boasting modern finishes, vinyl plank flooring, energy-efficient dual-pane windows, tankless water heaters, in-unit laundry, and fully paid-off solar panels. These units meet the 'Excellent' criteria for being newly built. The front 1923 duplex has been extensively remodeled with updated flooring, copper plumbing, and new electrical, presenting as clean, modern, and move-in ready. The kitchens in the new units feature white shaker cabinets, quartz countertops, and stainless steel appliances, while the bathrooms are equipped with double vanities, modern fixtures, and tiled showers with glass enclosures. The overall condition, with half the property being brand new and the other half recently and thoroughly updated, warrants an 'Excellent' rating.
Pros & Cons

Pros

Exceptional Investment Potential: A high cap rate of 9.21% and a GRM of 9.82 signal strong profitability and long-term appreciation in a high-demand rental market.
Prime Urban Location: Strategically located in the heart of Los Angeles, minutes from USC, Downtown LA, and Crypto.com Arena, ensuring robust rental demand.
Strategic Unit Mix & Condition: Combines a newly built 2025 duplex with modern amenities and a fully remodeled 1923 duplex, offering diverse appeal and reduced immediate capital expenditure.
Immediate Income Optimization: All four units will be available for new ownership to select tenants and maximize rental income from day one.
Enhanced Energy Efficiency: New units feature fully paid-off solar panels, tankless water heaters, and all units are individually metered, significantly reducing utility costs.

Cons

Future Completion & Occupancy: The 2025 year built and future on-market date suggest the property may not be fully completed or ready for immediate tenant placement, potentially delaying initial income generation.
Maintenance of Older Structure: Despite extensive remodeling, the 1923 duplex, as an older building, may present unforeseen maintenance challenges or higher long-term capital expenditures.
Unspecified Parking Availability: The listing does not detail parking provisions, which is a crucial amenity for multi-unit properties in a dense urban environment like Los Angeles and could affect tenant appeal.

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