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1050 S Bonnie Beach Pl
1050 S Bonnie Beach Pl, Los Angeles, CA 90023, USA
$1,040,000
CLOSED
June 27, 2024
SALE PRICE
$1,040,000
UNITS
2
PRICE PER UNIT
$346,667
PRICE PER SF
$359.86
CAP RATE
7.25%
GRM
10.36
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


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