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    418 N Sierra Bonita Ave

    Los Angeles, CA 90036
    • $1,900,000
    • STATUS: Active Under Contract
    • ON SITE: 26 days
    • ID#: 21-757822
    Under Contract
    UPDATED: 16 min ago
    $1,900,000
    • 6
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,870
      SQFT
    • $491
      $/SQFT
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    Matthews is pleased to present 418 N Sierra Bonita Avenue, a 5-unit apartment building located in the charming Fairfax District, one of the most walkable and highly desired neighborhoods in Los Angeles. Built in 1938, the two-story, 3870-sqft property is situated on a 6,499-sqft lot zoned LARD1.5. The building boasts (4) 1+1 units and (1) 2+1 unit. The units of 418 N Sierra Bonita offer its residents bright and large spaces, and the three downstairs units have been newly updated. Every unit has its own separate entrance, and additionally gas and electric are separately metered and paid by tenants. The charming property provides covered parking in the back and includes an enclosed yard, balcony, patio and washer/dryer across the various units. Located on a quiet, narrow residential block, 418 N Sierra Bonita is in the heart of the Fairfax District, more specifically in the Beverly Fairfax neighborhood, which was recently recognized by the National Register of Historic Places for its architecture and cultural history. The area borders Beverly Ave and Fairfax Ave, where long-standing Jewish businesses like Canters Deli share space with a number of cutting-edge streetwear designers. Its also just a couple of blocks from Pan Pacific Park and walking distance to The Grove and CBS Studios, which is soon to be entirely redeveloped.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-03T22:42:38.62. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/119058311
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    418 N Sierra Bonita Ave Los Angeles, CA 90036

    • Price: $1,900,000
    • Status: Active Under Contract
    • Updated: 16 min ago
    • ID#: 21-757822
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,870
    SQFT
    $491
    $/SQFT
    1938
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    Matthews is pleased to present 418 N Sierra Bonita Avenue, a 5-unit apartment building located in the charming Fairfax District, one of the most walkable and highly desired neighborhoods in Los Angeles. Built in 1938, the two-story, 3870-sqft property is situated on a 6,499-sqft lot zoned LARD1.5. The building boasts (4) 1+1 units and (1) 2+1 unit. The units of 418 N Sierra Bonita offer its residents bright and large spaces, and the three downstairs units have been newly updated. Every unit has its own separate entrance, and additionally gas and electric are separately metered and paid by tenants. The charming property provides covered parking in the back and includes an enclosed yard, balcony, patio and washer/dryer across the various units. Located on a quiet, narrow residential block, 418 N Sierra Bonita is in the heart of the Fairfax District, more specifically in the Beverly Fairfax neighborhood, which was recently recognized by the National Register of Historic Places for its architecture and cultural history. The area borders Beverly Ave and Fairfax Ave, where long-standing Jewish businesses like Canters Deli share space with a number of cutting-edge streetwear designers. Its also just a couple of blocks from Pan Pacific Park and walking distance to The Grove and CBS Studios, which is soon to be entirely redeveloped.
    Exterior Features

    Lot Size Area 6500 Other Structures None Parking Garage GarageUncovered Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 6

    Interior Features

    Baths Total 5.00 Cooling Air Conditioning Equipment None Heating Central

    Property Features

    Assessed Total Value 1212057 Gross Income 123900 Gross Operating Income 118905 Like Units1 4 Like Units2 1 Net Operating Income 81177.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 37725 Type Of Units 5 Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Daniel Withers DRE#01325901 of Matthews Real Estate Investment Services.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-03T22:42:38.62. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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