6.3% CURRENT CAP RATE | FULLY RENODED 6 UNIT IN USC DPS PATROL ZONE | MAJOR UPSIDE 1978 Bonsallo presents a rare opportunity to acquire a beautifully renovated, stabilized 6 unit asset ideally positioned for student housing demand near USC and Mount St. Mary's University. Showcasing Cape Cod-style architecture (originally built in 1923), the property features two structures and an excellent unit mix: (1) detached large 3BD/2BA house, (2) spacious 2BD/1BA, (1) 1BD/1BA, and (2) large studiosa layout that supports strong rentability and long-term tenant appeal. Each unit has been thoughtfully updated with brand new kitchens, designer finished bathrooms, new hardwood style flooring, and interior paint, all complemented by efficient, functional floor plans. The property totals approximately 3,456 SF and sits on a tranquil, tree-lined street in a highly sought-after rental pocket. Conveniently located less than a mile to USC, a short ride to USC Village, and close to Downtown LA destinations including LA Live and Crypto.com Arena. Enjoy walkable access to the Expo Line and quick connectivity to the 10 & 110 freeways. Additional highlights include separately metered units and location within a Historic Preservation Overlay Zone (HPOZ). A standout investment for buyers seeking a renovated, income producing asset with strong current returns and future upside in one of LA's most consistent rental markets.
Listed by Vinnie Park
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License #02015848
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Keller Williams Larchmont
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213-332-9045
Last updated January 26, 2026
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Source: CRMLS #26642971
Listing Facts
TypeMulti-family
NeighborhoodUniversity Park
Bedrooms7
Days on Prevu5
Size3,456 sqft
Price per sqft$506
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/25/2026
Listed by Keller Williams Larchmont
$1,749,800
Property Details for 1978 Bonsallo Avenue
Exterior
Construction
Number Of Units Total: 6
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1923
Common Walls: 1 Common Wall
Features
Other Structures: Guest House
Measurements
Building Area Total: 3,456
Lot Size Acres: 0.14
Lot Size Area: 6,244
Lot Size Source: Assessor
Lot Size Square Feet: 6,244
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.3
Gross Income: $145,874.00
Taxes
Parcel Number: 5124033013
Interior
Features
Appliances: Microwave, Refrigerator
Measurements
Living Area: 3,456
Rooms
Bathrooms Total Integer: 4
Bedrooms Total: 7
Parking
Parking
Parking Features: Assigned
Parking Total: 6
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 7 bedrooms in this multi-family home at 1978 Bonsallo Avenue.
Does this multi-family home have parking?
Yes, there are 6 parking spaces available for 1978 Bonsallo Avenue.
How does 1978 Bonsallo Avenue compare to other multi-family homes in University Park?
This multi-family home is listed 60% below the average price for multi-family homes in University Park and has been on the market for 94 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 3,456 sqft.
1978 Bonsallo Avenue is a 7-bedroom multi-family home for sale in Los Angeles CA 90007. Listed on Prevu for 5 days at $1,749,800. This home features 3,456 square feet of living space, located in University Park. The median listing price for multi-family homes in this area is $3,212,500. Property amenities include parking. 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.
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