
2101 Bonsallo Avenue
Multifamily | 6 Units | $449,167/unit
Marketing description
The subject property is centrally located, offering quick access to premium entertainment such as The LA Memorial Coliseum and The Natural History Museum. The property is located within the USC patrol zone which provides access to a strong student rental market. The building has a mix of 4 four-bedroom, and 2 two-bedroom units. Four of the six units have been completely remodeled with brand new electrical, plumbing, and mechanical. These units are also completely sub-metered for gas, electrical, and water (RUBS - billed to tenants) resulting in an extremely low utility expense which is rare in the Los Angeles market. Due to the renovations, the expense profile of the property is extremely low, and will allow for strong cash flow immediately. The four renovated units are fully leased by students for the 2025-2026 academic school year through the summer of 2025.
Investment highlights
Newly Renovated Units Achieving High Rents
Strong Cash Flow from Day 1
Below Average Expense Profile
Gentrifying Area Allowing for Above Average Appreciation
Strong Student Housing Component
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