741 S Bonnie Brae Street, Los Angeles, CA 90057
sale
$1,000,000
|
Commercial-Other
Listed By CENTURY 21 Masters
ATTENTION DEVELOPERS AND INVESTORS. ENTRY FOR REFERENCE PURPOSES. Rare urban infill parking and development opportunity located at 741 S Bonnie Brae Street, Los Angeles, CA (APN: 5142-003-021) in the Westlake / MacArthur Park submarket. The property consists of an approximately 9,150 SF flat, fully fenced lot with approximately 61 feet of street frontage and 150 feet of depth, currently improved with approximately 36 striped parking spaces and alley access. The parcel is zoned R4-1 (City of Los Angeles) and is located within a Transit-Oriented Communities (TOC) Tier 3 and ED1-eligible area, offering compelling long-term residential or mixed-use redevelopment potential, subject to buyer verification and City approvals.
The property is part of a two-asset portfolio that includes the adjacent, fully occupied office building at 1833 W 8th Street (MLS #CV26000487, APN: 5142-006-009), which is valued at approximately $3.7 million. The combined portfolio price is $4.7 million. The Bonnie Brae parcel is shown separately at $1,000,000 for valuation and underwriting reference only. Ownership may consider a separate sale of this parcel on a case-by-case basis, at seller's sole discretion.
All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding zoning, lot dimensions, development feasibility, pricing, and portfolio structure. Property sold AS-IS.
The property is part of a two-asset portfolio that includes the adjacent, fully occupied office building at 1833 W 8th Street (MLS #CV26000487, APN: 5142-006-009), which is valued at approximately $3.7 million. The combined portfolio price is $4.7 million. The Bonnie Brae parcel is shown separately at $1,000,000 for valuation and underwriting reference only. Ownership may consider a separate sale of this parcel on a case-by-case basis, at seller's sole discretion.
All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding zoning, lot dimensions, development feasibility, pricing, and portfolio structure. Property sold AS-IS.
Read More About This Property
Read Less About This Property
Property Features
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 0.2101 Acres
- MLSID: CV26002139
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Year Built: 1960
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,300,000
Other
235 E Manchester Avenue
Los Angeles, CA 90003
Building: 4,402 sq. ft.
Courtesy Of RE/MAX Time
sale
$1,299,900
Other
4771 E Cesar E Chavez
Los Angeles, CA 90022
Building: 2,515 sq. ft.
Courtesy Of Century 21 Allstars
sale
$1,250,000
Other
1063 Colorado Boulevard
Eagle Rock, CA 90041
Building: 1,598 sq. ft.
Courtesy Of TNG Real Estate Consultants
sale
$1,250,000
Commercial-Other
5226 S Vermont Avenue
Los Angeles, CA 90037
Building: 2,800 sq. ft.
|
Land: 0.15 Acres
Listed By CENTURY 21 LOTUS