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5907 Bonsallo Ave 4 Unit Apartment Building Offered at $1,805,076 CAD at a 9.31% Cap Rate Los Angeles, CA 90044

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INVESTMENT HIGHLIGHTS

  • Fully Vacant Four-Unit Asset
  • Two units powered by fully paid solar
  • Strong Stabilized Yield: Projected 9.31% cap rate,
  • 2 Brand New Non-Rent Controlled ADU units

EXECUTIVE SUMMARY

5903–5905 Bonsallo Ave is a fully vacant four-unit multifamily property (inclusive of two ADUs) located in a high-demand South Los Angeles rental submarket. Built in 1923 and comprehensively renovated in 2025, the 3,232-square-foot building sits on a 5,625-square-foot lot and offers investors immediate lease-up, strong stabilized cash flow, and long-term income growth.The property consists of four total units: two primary 3BR/2BA units and two ADU 2BR/1BA units, all delivered 100% vacant, allowing a new owner to implement market rents without tenant relocation or buyouts. Two units are powered by fully paid solar, and two units feature tankless water heaters with in-unit laundry hookups, enhancing operational efficiency and tenant appeal.Offered at $1,300,000 ($325,000 per unit / $402 per SF), the asset is projected to operate at a 9.31% cap rate upon stabilization, supported by conservative underwriting and efficient operating expenses of approximately 19% of effective gross income. The ADU configuration provides income diversification and flexibility, positioning the property as a compelling cash-flowing investment with refinance and exit potential in a supply-constrained South LA market.

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PROPERTY FACTS

Price $1,805,076 CAD
Price Per Unit $451,269 CAD
Sale Type Investment
Cap Rate 9.31%
Gross Rent Multiplier 8.26
No. Units 4
Property Type Multifamily
Apartment Style Low-Rise
Building Size 3,232 SF
Average Occupancy 0%
No. Stories 1
Year Built/Renovated 1923/2025
Parking Ratio 0.93/1,000 SF
Zoning LAR2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $4,009 CAD 704
3+2 2 $5,093 CAD 912
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39020732

  • Date on Market: 2026-01-08

  • Last Updated:

  • Address: 5907 Bonsallo Ave, Los Angeles, CA 90044

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