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BONNIE BRAE APARTMENTS

$3,450,000

Description

The Bonnie Brae Apartments is a prime Turnkey Non Rent Controlled Asset located in Downtown Los Angeles only 1 Mile from the Staples Center and LA Live. Featuring an excellent unit mix of (6) 1 Bedroom/1 Bathroom and (12) 2 Bedroom/2 Bathroom units, most of which have balconies. A majority of the units have been upgraded with granite counters, wood floors and newer appliances. The property benefits from 20 car underground parking, gated entry, four storage rooms and a laundry room for added income. The property has undergone over $100K in capital improvements to the common areas in the past 6 months including new paint in all the interior hallways, new wood flooring in all the interior hallways, and upgraded lighting throughout the common areas. Additionally the owner has renovated the exterior of the property with a brand new roof and new paint on the front of the building. All units are individually metered for Gas and Electric.

The subject property is located in the heart of the Westlake District flanked by Koreatown to the West, Silverlake to the North, and Downtown the East. Just north of Olympic Blvd. The Bonnie Brae Apartments sit 1 Mile from the Staples Center and LA Live, and enjoys close proximity to many restaurants, shops and employers.

Property Documents

Address

  • City: Los Angeles
  • State/county: California, Los Angeles
  • Country: United States

Detail

Updated on March 6, 2017 at 3:23 pm

  • Price: $3,450,000
  • Year Built: 1991

Contact info

CONTACT AGENT
Michael Chang
(310) 903-4967 (626) 688-8864

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