2 months on rocket

220 S Bonnie Brae St, Los Angeles, CA, 90057

$1,225,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
14 Baths
6,989 SqFt
$175/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

220 S Bonnie Brae St, Los Angeles$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1948
MLS #24417167
Lot Size0.19 Acres
StatusActive

About 220 S Bonnie Brae St

We are proud to exclusively present for sale a 6 Unit + RTI ADU Residential Building with tremendous redevelopment potential in the Historic Filipinotown area of Echo Park! The property currently features a six unit building on an oversized lot with 9 single car garages. The sellers have an RTI / Approved Plan Check to convert the four garages in front into a 2 Bedroom, 2 Bathroom Accessory Dwelling Unit (ADU). With 8,287 SF of R4-1 Tier 1 land, and backing up to a 20 foot wide alley, a developer could build 70+/- units by ED-1. There are long terms tenants; the property will be delivered fully occupied with no relocation agreements. A new owner will need to talk to tenants after close of Escrow. The property is perfect for redevelopment into a market rate project or preferably a 100% Affordable Housing project! With just a 15 minute walk to the Metro Subway Station at MacArthur Park, rest assured that limited (or no) parking should not affect a project in this very pedestrian friendly area. With easy access to the 101 and 110 freeways, this property is centrally located to benefit from what Downtown, Silver Lake, Echo Park, Hollywood, Koreatown and more have to offer! Designated as Very Walkable, Excellent Transit and Bikeable by Walk Score, come build a place your future tenants truly can call home! This high-demand area is in the middle of everything that younger professionals are looking for! Square footage, bedrooms and bathrooms includes the RTI ADU as it will be built. CAP and GRM take into account the budget of $150,000 to build the ADU.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2
  • Living Area: 6,989 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Dario Svidler

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Sal Castro Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Union Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Just south of Beverly Blvd. and east of Alvarado St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $15,936
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

34

# of Sold Homes

1609

220 S Bonnie Brae St vs Los Angeles

69 DAYS ON ROCKET

+35 Days

$1,225,000

+$211.3K More

$175/SqFt

-$465 Less

KEY TAKEAWAY

This property is $211.3K more than the Median Sold Price and $465/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24417167

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Dario Svidler

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/26/2024, 5:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 28, 2019Home Sold
$1,225,000
Oct 19, 2001Home Sold
$337,500

Tax History

YEARPROP. TAXASSESSMENT
2021$15,936$1,262,444
2020$8,484$1,249,500
2019$8,375$628,470
2018$8,167$616,148
2017$8,167$604,067

History based on county public records data.

Payment Calculator

$6,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-327663
4
/10
  • Union Avenue Elementary School

  • 150 S Burlington Ave

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-327664
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.63 miles

  • Public Magnet Grades KG-6

school-card-donut-327665
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 23.16 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-327666
4
/10
  • Sal Castro Middle School

  • 1575 W 2nd St

  • 0.27 miles

  • Public District Grades 6-8

school-card-donut-327667
4
/10
  • Studio

  • 2211 W Avenue 30

  • 3.37 miles

  • Public District Grades 6-8

High School

school-card-donut-327668
3
/10
  • Belmont Senior High School

  • 1575 W 2nd St

  • 0.27 miles

  • Public District Grades 9-12

school-card-donut-327669
3
/10
  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 0.60 miles

  • Public District Grades 9-12

school-card-donut-327670
2
/10
  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 0.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,309. The most common annual income of people living in Los Angeles, CA is less than $35k. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 220 S Bonnie Brae St

What is the listing price of this property?

The listing price of 220 S Bonnie Brae St property is $1,225,000.

What type of property is this?

The property 220 S Bonnie Brae St is a house located in Los Angeles, California, 90057.

Is this property for sale now?

Active Listing: 220 S Bonnie Brae St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 220 S Bonnie Brae St are:
Union Avenue Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Sal Castro Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 3/10
Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,936 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 28, 2019 for $1,225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 220 S Bonnie Brae St has 12 bedrooms and 14 bathrooms.

What is the square footage of this property?

The property 220 S Bonnie Brae St is 6,989 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 220 S Bonnie Brae St is 1948.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90057220 S Bonnie Brae St

This home is located at 220 S Bonnie Brae St in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This 6,989 square foot home, which was built in 1948, sits on a 0.19 acre lot. Features: 12 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $1,225,000.

In August 2024 more than 668 listings in Los Angeles, CA were sold above the asking price. During the same period more than 213 listings were sold at asking price, while more than 728 were sold below. The number of listings in Los Angeles, CA increased by 7.2% between July 2024 and August 2024. In August 2024 median list price was $1,013,623 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources