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

5903 Bonsallo Avenue, Los Angeles, California 90044 home-pic-0
ACTIVE$1,399,995
5903 Bonsallo Avenue, Los Angeles, California 90044
0Bed
0Bath
3,232Sqft
5,625Lot
Year Built
2025
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$433
HOA
-
Days on market
-
Sold On
-
MLS number
BB25224770
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.40M(94th), sqft - 3232(81th), beds - undefined(50th), baths - undefined(50th).

This is the kind of deal investors wait years for—and it’s available right now. A fully vacant, cash-flow-ready fourplex in the heart of Los Angeles, minutes from USC, Downtown, and Crypto.com Arena. You will not find new 2025 construction (3BD/2BA units 912+ sq. ft. each) + remodeled duplex (2BD/1BA units 704+ sq. ft each) on one lot, with this level of return, anywhere else in the area. Units have been upgraded with new flooring, copper plumbing, and updated electrical. Each unit is separately metered for gas and electric, minimizing expenses and boosting NOI. With a 7.54% cap rate and 10.80 GRM, this asset immediately outperforms typical LA multifamily numbers. Delivering all units vacant gives you total control—set the rents, choose your tenants, and maximize your cash flow from day one. Zero downtime and Zero inherited problems. This property is part of three 4-unit buildings, 12-unit investment portfolio, all within minutes of one another. Perfect for cash flow investors, 1031 buyers, or portfolio builders. Buy one or take the entire portfolio and instantly scale into 12 units (12BD/8BA + 10BD/6BA + 12BD/8BA) of income-producing real estate. Opportunities like this do not hit the market often.

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
09/24/25
Listing
$1,399,995
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 features a unique combination of brand new 2025 construction for the fourplex units and a recently remodeled duplex. The new construction units (images 2-7) boast modern, high-quality finishes throughout, including white shaker cabinets, light quartz countertops, stainless steel appliances (still with protective film), recessed lighting, and contemporary bathrooms with glass showers, large format tile, and dual vanities. The flooring is new, light-toned laminate/LVP. The remodeled duplex units (images 9-10), while featuring a slightly different aesthetic (e.g., painted cabinets, wall heater), have also undergone significant upgrades including new flooring, copper plumbing, and updated electrical, making them move-in ready and meeting current quality standards. All components are new or virtually new, with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for newly built or extensively renovated properties.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
New Construction & Modern Upgrades: The property features new 2025 construction for the fourplex units and a remodeled duplex, along with recent upgrades like new flooring, copper plumbing, and updated electrical, minimizing immediate capital expenditures.
Exceptional Financial Performance: Boasting a 7.54% cap rate and 10.80 GRM, this asset significantly outperforms typical Los Angeles multifamily numbers, indicating strong cash flow potential.
Strategic High-Demand Location: Situated minutes from USC, Downtown, and Crypto.com Arena, the property benefits from a prime Los Angeles location, ensuring high rental demand and potential for appreciation.
Vacant Delivery for Maximum Control: All units are delivered vacant, providing the buyer with complete control to set market rents, select ideal tenants, and maximize cash flow from day one without inherited tenant issues.
Minimized Operating Expenses: Each unit is separately metered for gas and electric, which significantly minimizes owner-borne utility expenses and directly boosts Net Operating Income (NOI).

Cons

Future-Dated Construction/Availability: The 'year_built: 2025' and 'on_market_date: 2025-09-24' indicate that the property may still be under construction or not immediately available for occupancy/income generation, potentially leading to a waiting period for investors.
High Entry Price Point: With a list price of nearly $1.4 million, this property represents a significant capital outlay, which could limit the pool of potential investors to those with substantial financial resources.
Limited Parking Information: The description does not specify parking availability or arrangements for the multiple units, which can be a critical factor for tenant desirability and property value in a dense urban area like Los Angeles.

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