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Map
$1,886,000 - $2,304,000
●
Property -
Off Market
422 N Sierra Bonita Ave
Los Angeles, CA 90036
Studio
0 Bath
3870 Sqft
About This Property
We are pleased to present 422 North Sierra Bonita Avenue, an
extraordinary 5-unit property located in the heart of the vibrant
Fairfax District (90036). This unique opportunity offers investors
the chance to acquire an irreplaceable asset with significant
rental upside in one of Los Angeles' most dynamic and stable rental
markets. Built in 1938, 422 North Sierra Bonita Avenue is a
two-story property spanning 3,870 square feet. It features five
units, including four spacious 1-bedroom/1-bathroom units and one
inviting 2-bedroom/1-bathroom unit. The apartment units are
generously sized, averaging approximately +/- 774 square feet. The
property is situated on a sizable parcel of +/- 6,500 square feet
and is zoned LARD1.5. Residents will appreciate the convenience of
covered garage parking for three vehicles, complemented by
additional outdoor parking at the rear. Notably, each unit has
separate metering for gas and electrical utilities. Ideally
positioned on a quiet street in the heart of the Fairfax District,
422 North Sierra Bonita Avenue offers immediate access to
neighboring communities such as Beverly Hills, Hancock Park, and
West Hollywood. This strategic location makes it an ideal
investment for apartment operators and owner occupiers seeking a
stable opportunity for long-term wealth preservation and
appreciation. A short distance away, residents can explore
world-class attractions, including The Grove and Farmer's Market,
renowned for their fantastic shopping and dining experiences. La
Brea Avenue and Melrose Avenue, also just a short stroll away, are
famous for their trendy retail outlets and exceptional restaurants,
making them some of Los Angeles' most popular destinations. In
addition to the nearby shopping and dining options, the property is
conveniently located close to other popular attractions such as the
Los Angeles County Museum of Art (LACMA), known for its impressive
art collections, and the iconic Sunset Strip, renowned for its
vibrant nightlife and live entertainment venues. Don't miss out on
this exceptional investment opportunity at 422 North Sierra Bonita
Avenue. With its prime location, significant rental potential, and
proximity to popular attractions, this property is truly
one-of-a-kind in the thriving Fairfax District.
The manager has listed the unit size as 3870 square feet.
The manager has listed the unit size as 3870 square feet.
Unit Size
3,870Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$541
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1938
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 11, 2024 | No longer available | - | |
No longer available | |||
Jul 25, 2023 | Listed | $2,095,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
5
Beds
2.5
Baths
3,342 ft²
$643/ft²
$2,150,077
Mar 24, 2023
-
-
Active
Multifamily
4
Beds
2
Baths
1,872 ft²
$1,066/ft²
$1,995,000
May 24, 2023
-
-
In Contract
House
5
Beds
3
Baths
2,687 ft²
$631/ft²
$1,695,000
Jun 22, 2023
-
-
Active
Townhouse
3
Beds
3
Baths
1,900 ft²
$1,105/ft²
$2,100,000
May 10, 2023
-
$480/mo
In Contract
Townhouse
2
Beds
3
Baths
1,800 ft²
$1,219/ft²
$2,195,000
May 10, 2023
-
$480/mo
Active
Townhouse
3
Beds
3
Baths
1,900 ft²
$1,000/ft²
$1,900,000
Jun 7, 2023
-
$480/mo
Active
House
3
Beds
2.5
Baths
1,892 ft²
$1,255/ft²
$2,375,000
May 19, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
422 North Sierra Bonita Avenue
422 North Sierra Bonita Avenue, Los Angeles, CA 90036
- 1 Unit for Sale
About Central LA
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