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1017 S Bonnie Beach Pl

1017 S Bonnie Beach Pl, Los Angeles, CA 90023, USA

$1,050,000

CLOSED

November 1, 2023

SALE PRICE

$1,050,000

UNITS

4

PRICE PER UNIT

$262,500

PRICE PER SF

$340.36

CAP RATE

7.51%

GRM

10.12

Deal Story

Selling Agent

The Tuvia Group completed the final sale of a five-property portfolio across Boyle Heights and East Los Angeles, successfully closing all five assets for the seller over a two-year period. The portfolio achieved an average $340,430 per unit and $388.65 per square foot, setting multiple pricing benchmarks in the area. The properties were largely fully renovated and stabilized, with four delivered tenant-occupied and one delivered completely vacant. The sales allowed the owner to complete his exit from the Los Angeles market and redeploy his equity into other states

Jason Tuvia

Senior Managing Director Investments

(818) 212-2735

Kian Maronde

Associate Director Investments

(818) 212-2651

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818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

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License

#01772495

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