4 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

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

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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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

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
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

220 S Bonnie Brae St vs Los Angeles

121 DAYS ON ROCKET

+83 Days

$1,225,000

+$201.5K More

$175/SqFt

-$466 Less

KEY TAKEAWAY

This property is $201.5K more than the Median Sold Price and $466/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: 11/17/2024, 12:20:55 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

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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.

Nearby Schools

school-card-donut-468693
4
/10

  • Union Avenue Elementary

  • 150 S Burlington Ave

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-468694
4
/10

  • N.E.W. Academy of Science and Arts

  • 379 Loma Dr

  • 0.33 miles

  • Public Charter Grades KG-5

school-card-donut-468695
4
/10

  • Gratts Learning Academy for Young Scholars (GLAYS)

  • 309 Lucas Ave

  • 0.54 miles

  • Public District Grades 2-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,309. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are married, with kids. Most residents in this area have high school diploma education.

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 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 Homes›California›Los Angeles County›Los Angeles›90057›220 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.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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