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Stacey Alysson Melman

943 S Bonnie Beach PL
Los Angeles, CA, 90023
$2,750,000
18 Beds
16 Baths
8,400 SqFt
0.37 Acres
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MLS #26986177 image #0
We are pleased to offer for sale 943 South Bonnie Beach Place, a 16-unit apartment community located in East Los Angeles, about five miles east of Downtown Los Angeles.Built in 1923, the property comprises 8,400 square feet of improvements across nine buildings on a 16,000-square-foot parcel. Its unit mix is 14 one-bedroom units and two two-bedroom units. The property delivers strong in-place yield at a 6.90% scheduled cap rate and an 8.83 gross rent multiplier. Approximately 15% rental upside remains, capturable through ordinary turnover.With a Walk Score of 78, most errands can be accomplished on foot. Whittier Boulevard, the main commercial corridor of East Los Angeles, runs just north of the property. The 5, 60 and 710 Freeways put Downtown Los Angeles and the industrial employment centers of Vernon and Commerce within commuting distance.943 South Bonnie Beach Place offers investors an opportunity to acquire an income-producing asset with remaining upside in East Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
AGENT: Sean Rosenzweig
LISTING BROKERAGE: Marcus & Millichap
943 S Bonnie Beach PL
Los Angeles, CA

Property Details

Price:
$2,750,000
MLS #:
26986177
Status:
Active
Beds:
18
Baths:
16
Type:
Single Family
Neighborhood:
elaeastlosangeles
Listed Date:
Sep 9, 2026
Finished Sq Ft:
8,400
Total Sq Ft:
8,400
Lot Size:
16,000 sqft / 0.37 acres (approx)
Year Built:
1923
Ela – East Los AngelesElaeastlosangeles
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Schools

Interior

Levels
Multi/Split

Exterior

Open Parking YN
1
Parking Features
Open
Parking Spots
11
Parking Total
11
Stories
2

Financial

Gross Operating Income
$304,756
Net Operating Income
$189,714

Map

Community

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