13 days on rocket

1050 S Bonnie Beach Pl, Los Angeles, CA, 90023

$1,200,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
2,890 SqFt
$415/SqFt
House
Schools Nearby

Location

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1050 S Bonnie Beach Pl, Los Angeles$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered, Carport, Uncovered
Year Built1927
HeatingWall Furnace
ViewCity Lights
MLS #24380535
Lot Size0.17 Acres
StatusActive

About 1050 S Bonnie Beach Pl

We are pleased to present a three (3) property portfolio (may be sold together or separate) totaling nine (9) unit located in Los Angeles, California. The subject property is situated in an ideal East Los Angeles / Boyle Heights location, north of the -5 freeway and east of the -101 freeway. Built in 1954, 2722 E 2nd Street contains an exceptional unit mix of two (2) two-bedroom / one-bathroom units and one (1) three-bedroom / two-bathroom detached single-family residence. There is ample on-site parking available. Built in 1927, 1050 S Bonnie Beach Place contains a incredible unit mix of two (2) two-bedroom / one and a half-bathroom units and one (1) three-bedroom / one and a half-bathroom unit. There is positive initial cash flow at a 7.26% cap rate on current numbers. Additionally, there is potential to convert the carports into multiple ADU unit(s). Built in 1973, 926 S Ford Boulevard contains a streamlined unit mix of three (3) two-bedroom / one and a half-bathroom units with a bonus den. There is potential to convert the carports into multiple ADU unit(s). Situated in an ideal East Los Angeles / Boyle Heights location, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to acquire up to three (3) triplexes all within a few miles of each other.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1927
  • Stories: 2
  • Living Area: 2,890 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Jason Tuvia

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Covered, Carport, Uncovered

Lot Features

Lot Information:

  • Lot: Landscaped, Rectangular Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • James A. Garfield Senior High School, Public Magnet Grades 9-12
  • East Los Angeles Performing Arts Academy at Esteban E. Torres High School, Public District Grades 9-12
  • Social Justice Leadership Academy at Esteban E. Torres High School, Public District Grades 9-12
  • Robert Louis Stevenson Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Eastman Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: The subject property is situated in an ideal East Los Angeles location, north of the -5 freeway and east of the -101 freeway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $415/SqFt

Tax Information:

  • Annual Amount: $2,532
  • 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

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1050 S Bonnie Beach Pl vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$1,200,000

+$224K More

$415/SqFt

-$213 Less

KEY TAKEAWAY

This property is $224K more than the Median Sold Price and $213/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: #24380535

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Jason Tuvia

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: 4/29/2024, 3:25:22 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

Jan 20, 2021Home Sold
$725,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,532$76,899
2020$2,486$75,716
2019$2,316$74,232
2018$2,285$72,777
2017$2,285$71,351

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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.

Elementary School

school-card-donut-3213716
3
/10

  • Eastman Avenue Elementary School

  • 4112 E Olympic Blvd

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-3213717
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.39 miles

  • Public Magnet Grades KG-6

school-card-donut-3213718
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.10 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3213719
3
/10

  • Robert Louis Stevenson Middle School

  • 725 S Indiana St

  • 0.79 miles

  • Public Magnet Grades 6-8

school-card-donut-3213720
4
/10

  • Studio

  • 2211 W Avenue 30

  • 6.60 miles

  • Public District Grades 6-8

High School

school-card-donut-3213721
6
/10

  • James A. Garfield Senior High School

  • 5101 E 6th St

  • 1.35 miles

  • Public Magnet Grades 9-12

school-card-donut-3213722
2
/10

  • East Los Angeles Performing Arts Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 1.48 miles

  • Public District Grades 9-12

school-card-donut-3213723
3
/10

  • Social Justice Leadership Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 1.48 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,247. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is married, with kids. 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 1050 S Bonnie Beach Pl

What is the listing price of this property?

The listing price of 1050 S Bonnie Beach Pl property is $1,200,000.

What type of property is this?

The property 1050 S Bonnie Beach Pl is a house located in Los Angeles, California, 90023.

Is this property for sale now?

Active Listing: 1050 S Bonnie Beach Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1050 S Bonnie Beach Pl are:
Eastman Avenue Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Robert Louis Stevenson Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
James A. Garfield Senior High School: GreatSchools Rating 6/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School: GreatSchools Rating 2/10
Social Justice Leadership Academy at Esteban E. Torres High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,532 (source: MLS/based on county public records data).

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

The last sale was on January 20, 2021 for $725,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1050 S Bonnie Beach Pl has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1050 S Bonnie Beach Pl is 2,890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1050 S Bonnie Beach Pl is 1927.

Rocket Homes›California›Los Angeles County›Los Angeles›90023›1050 S Bonnie Beach Pl

This home is located at 1050 S Bonnie Beach Pl in Los Angeles, CA and zip code 90023 in the The Eastside neighborhood. This 2,890 square foot home, which was built in 1927, sits on a 0.17 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,200,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

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

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