About this home

We are pleased to offer for sale 943 South Bonnie Beach Place, a 16-unit apartment community located in East Los Angeles, about five miles east of Downtown Los Angeles.Built in 1923, the property comprises 8,400 square feet of improvements across nine buildings on a 16,000-square-foot parcel. Its unit mix is 14 one-bedroom units and two two-bedroom units. The property delivers strong in-place yield at a 6.90% scheduled cap rate and an 8.83 gross rent multiplier. Approximately 15% rental upside remains, capturable through ordinary turnover.With a Walk Score of 78, most errands can be accomplished on foot. Whittier Boulevard, the main commercial corridor of East Los Angeles, runs just north of the property. The 5, 60 and 710 Freeways put Downtown Los Angeles and the industrial employment centers of Vernon and Commerce within commuting distance.943 South Bonnie Beach Place offers investors an opportunity to acquire an income-producing asset with remaining upside in East Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Facts and features

Schools

• Eastman Avenue Elementary School

  elementary · K-5 · 0.4 mi

  7

• Robert Louis Stevenson Middle School

  middle · 6-8 · 0.7 mi

  3

• Boyle Heights Hilda Solis High

  high · 9-12 · 1.3 mi

  6

• Our Lady Of Lourdes School

  elementary · PK-8 · 0.7 mi

• Amanecer Primary Center

  elementary · K-2 · 0.3 mi

• KIPP Academy Of Innovation

  elementary · 5-8 · 0.3 mi

  6

Price history

• Sep 9, 2026 · Listed$2,750,000
• Nov 18, 1986 · Sold$108,000
• Aug 6, 1984 · Sold$230,000

Tax history

• 2025$20,518 tax · $1,316,139 assessed
• 2024$19,622 tax · $1,290,334 assessed
• 2023$19,428 tax · $1,240,231 assessed
• 2022$18,642 tax · $1,215,913 assessed
• 2021$18,420 tax · $1,192,072 assessed
• 2020$18,538 tax · $1,179,850 assessed
• 2019$17,932 tax · $1,156,716 assessed
• 2018$17,561 tax · $1,134,036 assessed

Where it is