Eat Your Cake and Have It Too! Live, Earn, and Enjoy! Welcome to this beautifully rebuilt Arts-and-Crafts Tudor-style residence in the vibrant and centrally located Pico-Union neighborhood just minutes from Downtown LA, Koreatown, and USC, with easy access to public transportation. Originally built in 1905 and thoughtfully reconstructed in 2019, this rare property combines classic charm with modern functionality. It features a stunning private 2-bedroom, 2-bath first-floor home with a spacious eat-in kitchen, generous living room, and optional dining space. Live in it yourself or rent it out for extra income. Upstairs, income potential abounds. The second and third floors function as a multi-level boarding house, offering four independently accessed rental suites (via a separate exterior entrance). Each suite features: A walk-in closet, Private bathroom, Air conditioning, Cable/internet/satellite-ready connections. Tenants share a convenient communal kitchenette, a 3rd-floor lounge with skyline views of DTLA, a soundproof music/rehearsal space, and a cozy study/office area. There’s even an app-enabled washer/dryer on site. Utilities and parking are included in the rent. Additional highlights include: Parking for up to 4 vehicles in the driveway. Located in the Pico-Union Historic Preservation Overlay Zone (HPOZ), surrounded by beautiful historic homes. Walking distance to shops, transit, and cultural attractions. Proximity to USC, UCLA, Loyola Law School, and major medical centers. This unique and flexible property is ideal for an owner-user, investor, or anyone looking to combine classic architecture, a convenient location, and exceptional income potential.
Property Details
Price:
$1,399,000
MLS #:
25555803
Status:
Active
Baths:
0
Address:
1238 S Bonnie Brae Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jun 17, 2025
State:
CA
ZIP:
90006
Lot Size:
5,627 sqft / 0.13 acres (approx)
Year Built:
1905
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Schools
Interior
Appliances
Disposal, Microwave, Refrigerator, Electric Cooktop, Range
Cooling
Dual, Central Air
Flooring
Wood
Heating
Central
Laundry Features
Community, Inside, Upper Level
Exterior
Architectural Style
Craftsman
Association Amenities
Security, Hot Water, Controlled Access
Construction Materials
Clapboard, Stucco
Other Structures
Barn(s)
Parking Features
Gated, Uncovered, Tandem Garage, Street, Driveway
Parking Spots
2.00
Roof
Composition, Shingle
Security Features
24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
Financial
Map
Community
- Address1238 S Bonnie Brae Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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1238 S Bonnie Brae Street
Los Angeles, CA
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