5907 Bonsallo Ave Immeuble residentiel 4 lots 1 100 159 € (275 040 €/Lot) Taux de capitalisation 6,93 % Los Angeles, CA 90044

5903–5905 Bonsallo Ave is a four-unit multifamily investment 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 stable in-place income with moderate near-term upside through rent growth. The property is fully leased and master leased, providing consistent day-one income and simplified management. Current average rents are approximately $2,550 per unit, while projected market rents average approximately $2,800 per unit, representing roughly 10% rental upside as rents gradually adjust toward market levels. Offered at $1,275,000 ($318,750 per unit / $394.49 per SF), the property currently operates at an estimated 6.93% cap rate and 10.42 GRM, with stabilization projected to achieve approximately a 7.82% cap rate and 9.49 GRM. Renovated interiors, ADU income diversification, and operational upgrades such as paid solar and tankless water heaters support long-term tenant demand and expense efficiency.
Investment Highlights
Stabilized In-Place Income
Moderate Rental Upside
Attractive Day-One Yield
Projected NOI Growth
ADU Income Diversification
Operational Efficiency