Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 7-bedroom, 4-bathroom residential multi family at 1978 Bonsallo Ave in Los Angeles, CA is listed for $1,725,000 ($499 per sqft). Built in 1923, the home offers 3,456 sqft of living space on a 0.14 acres lot.
6.4% CURRENT CAP RATE | FULLY RENOVATED & STABILIZED 6-UNIT IN USC DPS PATROL ZONE | SIGNIFICANT RENTAL UPSIDE! 1978 Bonsallo presents a rare opportunity to acquire a fully renovated, stabilized 6-unit asset in one of Los Angeles' most reliable student housing markets.
While the property is already performing at a 6.4% cap rate, it offers meaningful upside through organic rent growth, as rents are slightly below market creating immediate potential for increased income. Ideally positioned near USC and Mount St. Mary's University, the property features charming Cape Cod-style architecture (originally built in 1923)
across two structures, with an excellent unit mix: (1) detached 3BD/2BA home, (2) 2BD/1BA units, (1) 1BD/1BA, and (2) large studios, a highly desirable layout for student and young professional tenants. Each unit has been extensively renovated, showcasing brand new kitchens, designer-finished bathrooms, hardwood-style flooring, and fresh interior p
aint, all paired with efficient, functional floor plans that maximize rentability and long-term tenant appeal. The property spans approximately 3,456 SF on a quiet, tree-lined street in a sought-after rental pocket. Located less than a mile from USC, minutes to USC Village, and with easy access to Downtown LA, LA Live, and Arena.
Tenants also benefit from walkable access to the Expo Line and convenient connectivity to the 10 and 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). This is a turnkey, stabilized investment with strong in-place cash flow and clear, near-term rental upsideideal for investors seeking both security and growth in a high-demand Los Angeles submarket.
Key Features
- Built in 1923
- 0.14 acre lot
- 2 stories
- 6 parking spaces
Property Details
Monthly Cost Estimate
$9,226/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1978 Bonsallo Ave
Los Angeles, CA 90007
Property Details
Parking
Cooling
Questions & Answers
This 7-bedroom, 4-bathroom residential multi family at 1978 Bonsallo Ave is listed at $1,725,000 ($499/sqft). The estimated monthly payment is $7,475 based on 20% down at 6.5% interest.
Key features include: Built in 1923, 0.14 acre lot, 2 stories, 6 parking spaces.
This property is listed by Vinnie Park and can be reached at 2133329045 or vinniepark@hotmail.com.











































