1027 N Sierra Bonita Ave

$3,799,000
Price
20
Beds
18
Baths
12,018 Sq. Ft.
$316 / Sq. Ft.
12,018
Sq. Ft.
$316
per Sq. Ft.

Description

Contact Broker for Offering Memorandum (OM) with all details. 1023-1027 N Sierra Bonita Ave, West Hollywood, CA 90046 (the "Property") is a classic vintage multi family building. The Property consists of 14 units totaling approximately 12,018 SF on 0.29 acre (12,630 SF) parcels of land. The Property comprises 14 units: (8) 1 bedroom 1 bath units, (2) 2 bedroom and 1 bath units, and (4) 2 bedroom and 2 bath units. Two of the units have private and secluded patio front yard areas. This is an excellent...Contact Broker for Offering Memorandum (OM) with all details. 1023-1027 N Sierra Bonita Ave, West Hollywood, CA 90046 (the "Property") is a classic vintage multi family building. The Property consists of 14 units totaling approximately 12,018 SF on 0.29 acre (12,630 SF) parcels of land. The Property comprises 14 units: (8) 1 bedroom 1 bath units, (2) 2 bedroom and 1 bath units, and (4) 2 bedroom and 2 bath units. Two of the units have private and secluded patio front yard areas. This is an excellent investment with immediate cash flow. Moreover, it is offered with attractive 4% assumable financing. This offering provides the rare opportunity to acquire a multi family leased investment in one of the most sought-after markets in the United States. Nestled just steps away from the prime strip of the bustling Santa Monica Boulevard, the Property affords excellent proximity to iconic entertainment, dining, and retail establishments. Santa Monica Blvd is a major thoroughfare and boasts several national retailers and artisan stores, providing easy access to neighborhood amenities for the area's residents. The Property boasts a walk score of 92/100, so most errands can be accomplished on foot. Rarely does an investor have the chance to acquire a multi-family property of such distinction in a prime Los Angeles location. Attractively offered at $3,799,000 1023-1027 N Sierra Bonita Ave is more than just a property; it's a generational investment opportunity in one of Los Angeles' most desirable neighborhoods. This exclusive offering promises unparalleled potential and long-term appreciation. Don't miss this exclusive opportunity.
  1. Listed by Jeff Selick • DRE #00990462 • Brokerage DRE #00990462 • Oakmore Inc

Property Details for 1027 North Sierra Bonita Avenue

Zoning
WDR3C*
Parcel Number
5530018022
Total Units
14.0
Living Area
12018
Source Living Area
Assessor
Area
West Hollywood Vicinity (C10)
Vacancy Rate
0
Lot Size Area
12630
LISTING UPDATED: 11/24/2025 06:16 PM

Property Details for 1027 North Sierra Bonita Avenue

StatusActive
MLS #25581453
Days on Market105
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.29 AC / 12,630 SF
CountyLos Angeles County

Location

Listing Courtesy of Oakmore Inc, Jeff Selick, DRE #00990462
Add your commute

Building Information for 1027 North Sierra Bonita Avenue

Stories2Residences-Year Built1959Building Size-Lot Size0.29 AC / 12,630 SF

Payment Calculator

$19,741 per month

30 year fixed, 6.28% Interest

Principal and Interest

$18,772

Property Taxes

$969

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1027 North Sierra Bonita Avenue

Community / Development
Community / Development
  • Number Of Units: 14
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 1BRs & 2BRs
  • Direction Faces: West
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Assumed
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $308,111
  • Net Operating Income: $210,220.00
  • Gross Income: $308,111
  • Cap Rate: 5.53%
  • Gross Rent Multiplier: $12.33
  • Actual Annual Gross Rent: $308,111.00
  • Actual Gross Annual Income: $308,111
  • Actual Rent Total: $308,111.00
  • Owner Pays: Water
  • Total Annual Expense: 97891
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.29
  • Lot Size Square Feet: 12630
  • Lot Description: 2-4 Lots
Parking Details
Parking Details
  • Parking Garage: Assigned, Covered Parking, Driveway
  • Total Parking: 12
  • Covered Parking: 12
  • Parking Features: Assigned, Covered, Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Window Unit(s)
  • Cooling Type: Window Unit(s)
  • Heating: Combination
  • Heating Type: Combination
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Laundry: Laundry Area
  • Laundry Equipment: Lease
Exterior Features
Exterior Features
  • Patio Features: Enclosed, Balcony
  • Entry Location: Ground Level - no steps
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-21-2025
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,849.00
  • Unit Actual Rent: $14,793.00
  • Unit Projected Rent: $2,185.00
  • Like Units: 8
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $898.00
  • Unit Actual Rent: $2,295.00
  • Unit Projected Rent: $1,796.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,239.00
  • Unit Actual Rent: $2,375.00
  • Unit Projected Rent: $8,954.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $331,264.00
  • Assessed Improvement Percent: 43.44
  • Assessed Land Value: $431,241.00
  • Assessed Land Percent: 56.56
  • Assessed Total Value: $762,505.00

Property History for 1027 North Sierra Bonita Avenue

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Price Change

CRMLS #25581453

$3,799,000—
Nov 24, 2025

Price Change

CLAW #25581453

$3,799,000—
Aug 21, 2025

Listed (Active)

CLAW #25581453

$4,000,000—
Aug 21, 2025

Listed (Active)

CRMLS #25581453

$4,000,000—
DateEvent & SourcePrice
11/24/2025

Price Change

CRMLS #25581453

$3,799,000
11/24/2025

Price Change

CLAW #25581453

$3,799,000
08/21/2025

Listed (Active)

CLAW #25581453

$4,000,000
08/21/2025

Listed (Active)

CRMLS #25581453

$4,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1027 North Sierra Bonita Avenue

Taxable ValueLand$439,865Additions$338,249Total$778,114
Tax Record2025$11,627 ($969 / month)
Home Facts
Total Finished SqFt6,009 SqFtAbove Grade Finished SqFt6,009 SqFtLot Size6,353 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningWDR3C*CountyLOS ANGELESAPN5530-018-022

Schools near 1027 North Sierra Bonita Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - K to 5
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Melrose Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1027 North Sierra Bonita Avenue is a multi-family home for sale in West Hollywood, CA 90046. This property was listed for sale on August 21, 2025 by Oakmore Inc, it's currently listed at $3,799,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and West Hollywood Opportunity School. 1027 North Sierra Bonita Avenue is a 20-bed, 18-bath, 12,018 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oakmore Inc, Jeff Selick, DRE #00990462

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.