6.4% CURRENT CAP RATE | FULLY RENOVATED & STABILIZED 6-UNIT IN USC DPS PATROL ZONE | SIGNIFICANT RENTAL UPSIDE! 1978 Bonsallo presents a rare opportunity to acquire a fully renovated, stabilized 6-unit asset in one of Los Angeles’ most reliable student housing markets. While the property is already performing at a 6.4% cap rate, it offers meaningful upside through organic rent growth, as rents are slightly below market creating immediate potential for increased income. Ideally positioned near USC and Mount St. Mary’s University, the property features charming Cape Cod-style architecture (originally built in 1923) across two structures, with an excellent unit mix: (1) detached 3BD/2BA home, (2) 2BD/1BA units, (1) 1BD/1BA, and (2) large studios, a highly desirable layout for student and young professional tenants. Each unit has been extensively renovated, showcasing brand new kitchens, designer-finished bathrooms, hardwood-style flooring, and fresh interior paint, all paired with efficient, functional floor plans that maximize rentability and long-term tenant appeal. The property spans approximately 3,456 SF on a quiet, tree-lined street in a sought-after rental pocket. Located less than a mile from USC, minutes to USC Village, and with easy access to Downtown LA, LA Live, and Crypto.com Arena. Tenants also benefit from walkable access to the Expo Line and convenient connectivity to the 10 and 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). This is a turnkey, stabilized investment with strong in-place cash flow and clear, near-term rental upsideideal for investors seeking both security and growth in a high-demand Los Angeles submarket.
Property Details
Price:
$1,699,800
MLS #:
26669083
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Mar 24, 2026
Finished Sq Ft:
3,456
Total Sq Ft:
3,456
Lot Size:
6,246 sqft / 0.14 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Appliances
MW, RF
Heating
WL
Levels
U
Exterior
Other Structures
GH
Parking Spots
6
Parking Total
6
Financial
Map
Community
- Address1978 Bonsallo AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Apr 13, 2026
8,107
Single Family Listed
86
Avg DOM
511
Avg $ / SqFt
$1,519,969
Avg List Price
Property Summary
- 1978 Bonsallo AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $1,699,800 and features 7 beds, 4 baths, and has approximately 3,456 square feet of living space, and was originally constructed in 1923. The current price per square foot is $492. The average price per square foot for Single Family listings in Los Angeles is $511. The average listing price for Single Family in Los Angeles is $1,519,969.
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