FULLY REBUILT 8 BR/7 BA HISTORIC HOME+RENTAL INCOME! Zoned Multi-Family & over 4000 sq ft! HPOZ Approved Rental Potential: $7,000--8,500/mo! Rebuilt Like New (to studs) with permits & upgrades 2019. Modern Infrastructure in gorgeous Vintage exterior! New Roof, Siding, Windows, and Reinforced Foundation! New sewer line (2021) with $44K street connection -9 Hardy panels installed in sub-basement (~$63K total) to reinforce framing against quakes .LADBS Structural Engineer: "I've never seen so much concrete poured for a house." Major Systems Fully Upgraded: New plumbing/electrical, with new power panel + 2 tankless water heaters for high-capacity hot water. Dual-zone central HVAC (1st floor + 2nd/3rd floor split)Independent mini-split units & ceiling fans in each 2nd floor rental. All rooms CAT-5/cable /satellite -ready Surveillance: 8 HD CCTV POE cameras feeding a networked NVR with 4TB remote-access storage.1st Floor (private access):2 Bed / 2 Bath; Full kitchen, living room, Laundry rm (in-unit) as owner's unit or rental. 2nd Floor (private entrance):4 self-contained rental suites (each w/ en suite bath + walk-in closet) w/Shared kitchenette + laundry (app-based, pay-per-use) 3rd Floor: Large family/rec lounge with DTLA views-Office/bedroom +soundproofed studio/conference room- for content creators, music, podcasting Private 1/2 bath + additional workspace (possibly additional rental -2 story detached Garage (as is) 1st Floor (private access):2 Bed / 2 BathFull kitchen + living roomLaundry room (in-unit) Ideal as owner's unit or high-value rental2nd Floor (private entrance):4 self-contained rental suites (each w/ en suite bath + walk-in closet)Shared kitchenette + laundry (app-based, pay-per-use)3rd Floor:Large family/rec lounge with DTLA viewsOffice/bedroom + RockSol soundproofed studio/conference room ideal for content creators, music, podcastingPrivate bath + additional workspace (possible conversion to 5th rental unit) Garage (detached, as-is):Tandem parking -Garage structure sold as-is (potential ADU with city approval Ideal For: PERFECT FOR OWNER OCCUPANTS SEEKING INCOME/INVESTORS FOR CASH FLOW+ LONG TERM APPRECIATION/CO-LIVING OR GROUP HOUSING POSSIBILITY...This one is AMAZING! COME CHECK IT OUT!
Listed by Natalie Neith
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License #01045639
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Aspire Los Angeles
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323-595-9414
Last updated March 12, 2026
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Source: CRMLS #26659557
Listing Facts
TypeMulti-family
NeighborhoodPico Union
Bedrooms8
Days on Prevu12
Size4,490 sqft
Price per sqft$312
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
03/04/2026
Listed by Aspire Los Angeles
$1,399,000
Property Details for 1238 S Bonnie Brae Street
Exterior
Construction
Number Of Units Total: 5
Property Condition: Updated/Remodeled
Roof: Composition, Shingle
Stories Total: 3
Year Built: 1905
Architectural Style: Craftsman
Common Walls: No Common Walls
Construction Materials: Clapboard, Wood Siding
Entry Level: 1
Entry Location: Ground Level w/steps
Features
Direction Faces: West
Other Structures: Barn(s)
View: City Lights
Measurements
Building Area Total: 4,490
Lot Features: Back Yard, Corners Marked, Front Yard, Yard
Lot Size Acres: 0.12
Lot Size Area: 5,627
Lot Size Dimensions: 50,125
Lot Size Square Feet: 5,627
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $54,600.00
Taxes
Parcel Number: 5137034004
Interior
Features
Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Dryer, Washer
How many bedrooms does this multi-family home have?
There are 8 bedrooms in this multi-family home at 1238 S Bonnie Brae Street.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 1238 S Bonnie Brae Street.
How does 1238 S Bonnie Brae Street compare to other multi-family homes in Pico Union?
This multi-family home is listed 26% below the average price for multi-family homes in Pico Union and has been on the market for 103 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,490 sqft.
1238 S Bonnie Brae Street is a 8-bedroom multi-family home for sale in Los Angeles CA 90006. Listed on Prevu for 12 days at $1,399,000. This residence features 4,490 square feet of living space, located in Pico Union. The median listing price for multi-family homes in this area is $1,200,000. Additional amenities include private outdoor space, dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
