As the exclusive listing agent, I am pleased to offer for sale a 30-unit apartment community located at 722 South Bonnie Brae Street. Positioned just East of MacArthur Park, the property is situated in prime Westlake, which borders three thriving markets - Koreatown, Downtown, and Echo Park. The Westlake neighborhood is one of the fastest growing pockets of Los Angeles. With a 92 Walk Score and an 84 Transit Score, the building's location offers residents access to top job centers in Los Angeles, an emerging dining and nightlife scene along with plentiful recreational and cultural amenities. Consisting of 26 studios and four one-bedroom units, the property will be delivered with a total of 12 vacant units, providing new ownership the immediate opportunity to renovate and achieve additional rental premiums. Additionally, three of the studio units have been renovated and leased at market rental rates which demonstrates proof of concept at market rental rates.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
