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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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1242 S Bonnie Brae — Los Angeles — 4 Beds • 2 Baths • 2,207 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 18 · 1PM – 2PM

$740,000

44 DOM

$335/sqft4 bd2 ba2,207 sqft

Call

1242 S Bonnie Brae Los Angeles, CA 90006

5,625sqft lot

Located in the Highly sought after Alvarado Terrace Historic District of Pico Union, this 1900s Craftsman 5 bedroom 3 bath plus bonus room House awaits the creative Investor or Developer to restore it. Residence boast 2207 sq ft of living space on a lot of 5625 with a Detached two car garage that can potentially be developed into a Guest house or ADU . Used as a boarding house in the past , upon entering you are greeted by a long corridor with Two Independent Living Spaces on each side and enclosed by Large Double doors. Presently Tenant occupied ,each of these living spaces feature a 1bedroom ,living room, kitchen and bathroom . Upstairs you will find incredible sq footage featuring 4 Large bedrooms and One full bathroom. Suggested After repair value (ARV) is 1.2 million ! Zoning is LARD1.5 Surrounded by Million dollar properties with Excellent Transit and just minutes away from Downtown Los Angeles ,Crypto Arena, Larchmont Village, Westlake Village and Hollywood ..location is prime. Don't miss it, great opportunity for the right Investor. Owner motivated, open house coming soon. PLEASE DO NOT DISTURB TENANTS!!!

MLS OC26031169

949-783-2499 (Office) jmayorga@maypros.com

Est. payment

$4,729/mo

Principal & interestTaxesInsurance

$3,742$771$216

Down %

Rate %

Years

Down payment: $148,000 · Total cost: $1,495,063

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,729/mo

Principal & interest: $3,742
Est. property tax: $771
Est. insurance: $216
Down payment: $148,000

Est. gross rent$3,083/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,646/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 28, 2026	$740,000	—

Facts & Features

Structure & Property

Year Built1903

Garage Spaces2

949-783-2499 (Office) jmayorga@maypros.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1242 S Bonnie Brae, Los Angeles, CA 90006

Get Directions

Call

1242 S Bonnie Brae Los Angeles, CA 90006

About this home

Jaime Mayorga

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Jaime Mayorga

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1242 S Bonnie Brae, Los Angeles, CA 90006

About This Property

Property Photos

Location

Open Houses

1242 S Bonnie Brae Los Angeles, CA 90006

About this home

Jaime Mayorga

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Jaime Mayorga

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.