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5903 Bonsallo Avenue, Los Angeles, California 90044, Los Angeles, 90044 - 10 bed, 6 bath

5903 Bonsallo Avenue, Los Angeles, California 90044 home-pic-0
ACTIVE$1,485,000
5903 Bonsallo Avenue, Los Angeles, California 90044
10Beds
6Baths
3,232Sqft
5,625Lot
Year Built
2025
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
BB25170388
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.49M(94th), sqft - 3232(81th), beds - 10(97th), baths - 6(97th).

Unlock the potential of this 4-unit income property located in the heart of Los Angeles, just minutes from USC, Downtown LA, and the iconic Crypto.com Arena. This turn-key investment combines modern brand new construction 2025 with classic remodeled charm and long-term value. All four units will be available, allowing new ownership the flexibility to select tenants and optimize rental income from day one. With a cap rate of 9.21% and a gross rent multiplier (GRM) of 9.82, this asset presents compelling returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties in the same area available in the portfolio—offering a great opportunity for buyers looking to invest in an individual or multiple income-generating assets. The rear structure is a newly built 2025 duplex, offering two 3-bedroom, 2-bathroom units, each measuring 912 square feet. These modern units have vinyl plank flooring, energy efficient dual-pane windows, tankless water heaters, and in-unit laundry and fully paid off solar panels, which significantly reduce utility and maintenance expenses. The 1923 duplex is remodeled to combine vintage character with modern convenience. Each of these two units offers 2 bedrooms and 1 bathroom in 704 square feet. Recent renovations include updated flooring, copper plumbing and new electrical. All four units are individually metered for gas and electricity, Whether you're focused on building equity, generating passive income, or expanding your real estate portfolio in a high-growth market, this fourplex checks all the boxes for a high-performing investment in a rapidly developing area of Los Angeles.

Nearby schools

3/10
Sixty-First Street Elementary School
Public,•K-6•0.3mi
3/10
Budlong Avenue Elementary School
Public,•K-5•0.5mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.6mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.6mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.7mi
5/10
Estrella Elementary School
Public,•K-5•0.8mi
2/10
Main Street Elementary School
Public,•K-5•0.9mi
3/10
Raymond Avenue Elementary School
Public,•K-5•1.3mi
2/10
Western Avenue Elementary School
Public,•K-5•1.3mi
2/10
John Muir Middle School
Public,•6-8•0.3mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.1mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.5mi
5/10
Santee Education Complex
Public,•9-12•3.2mi
9/10
Middle College High School
Public,•9-12•4.6mi

Price History

Date
Event
Price
08/12/25
Listing
$1,485,000
08/29/22
Sold
$605,000
01/14/11
Sold
$235,000
03/24/09
Sold
$195,000
02/24/06
Sold
$550,000
12/20/04
Sold
$373,000
Condition Rating
Excellent
This property is a unique offering with a mix of brand-new construction and recently renovated units. The description explicitly states that the rear duplex was 'newly built 2025' with modern features like vinyl plank flooring, dual-pane windows, tankless water heaters, in-unit laundry, and solar panels. The images confirm these units have contemporary kitchens with new appliances (e.g., blue dishwasher), recessed lighting, and modern bathrooms with double vanities. The front 1923 duplex has also been 'remodeled' with 'updated flooring, copper plumbing and new electrical,' presenting as clean and move-in ready with functional, updated kitchens and bathrooms. Given that half the property is brand new (2025) and the other half is extensively renovated, the overall condition is excellent, meeting the criteria of being 'newly built or fully renovated recently' with 'all components new or virtually new, meeting current quality standards.'
Pros & Cons

Pros

Strong Financials & Income Potential: This 4-unit income property boasts compelling returns with a 9.21% cap rate and 9.82 GRM, offering immediate rental optimization as all units are available for new tenant selection.
Strategic & High-Demand Location: Located in the heart of Los Angeles, minutes from USC, Downtown LA, and Crypto.com Arena, the property benefits from a high-demand rental market and is situated in a rapidly developing area with strong appreciation potential.
Mix of New Construction & Renovated Units: The property features a newly built 2025 duplex (two 3B/2B units) and a thoroughly remodeled 1923 duplex (two 2B/1B units with updated flooring, copper plumbing, and new electrical), appealing to a broad tenant base and reducing immediate capital expenditures.
Modern Amenities & Energy Efficiency: The new units include vinyl plank flooring, energy-efficient dual-pane windows, tankless water heaters, in-unit laundry, and fully paid-off solar panels, significantly reducing utility and maintenance expenses. All units are individually metered.
Turn-Key & Portfolio Opportunity: Described as a turn-key investment, the property offers immediate income generation. Furthermore, it's part of a portfolio of three similar 4-unit properties in the area, providing an excellent opportunity for buyers looking to expand their real estate holdings.

Cons

Immediate Leasing Burden: While offering flexibility, the availability of all four units means the new owner will face the immediate task and associated costs of marketing, screening, and leasing, potentially leading to initial vacancy periods and delayed full income realization.
Mixed Age Structure Management: The combination of a brand new 2025 duplex and a remodeled 1923 duplex may lead to differing maintenance schedules, varying tenant expectations, and potentially complex long-term capital planning due to the distinct ages and construction types.
Neighborhood Transition Phase: Described as a 'rapidly developing area,' this implies the neighborhood may still be undergoing significant changes, which could mean current limitations in established local amenities, infrastructure, or perceived safety compared to fully mature areas.

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