1501 South Sierra Bonita Avenue

Los Angeles, CA 90019

$1,610,000
Last Sold Price
4
Beds
4
Baths
2,900 Sq. Ft.
$555 / Sq. Ft.
2,900
Sq. Ft.
$555
per Sq. Ft.

Description

Location, Location, Location. This delightful 4 unit building sitting on a large corner lot with charming court yard, designer landscaping with automatic drip system & separate garages and sitting areas in the side yard for barbecue or gatherings for tenants. All tenants are paying their rents. Units are large one bedroom one bath, bright & airy, wood floors in living & dining areas, tile floors in fully & tastefully remodeled bathrooms & kitchens in second floor. Ceiling fans in all bedrooms & water...Location, Location, Location. This delightful 4 unit building sitting on a large corner lot with charming court yard, designer landscaping with automatic drip system & separate garages and sitting areas in the side yard for barbecue or gatherings for tenants. All tenants are paying their rents. Units are large one bedroom one bath, bright & airy, wood floors in living & dining areas, tile floors in fully & tastefully remodeled bathrooms & kitchens in second floor. Ceiling fans in all bedrooms & water heater in each unit. 4 separate garages, one has been rented to a tenant and 3 shall be delivered vacant. They can be rented for $350 each. New roof with 20 years warranty & new outside paint. New electrical panels, mostly new rewiring, new community laundry room w/ income. 3 units have wall A/C & new heating units, possible to build ADU unit over the garages buyer shall investigate. This location is a nice & quiet neighborhood of Wilshire Vista with charming buildings & tree lined streets. Seller is in escrow with her dream house and eventually decided to sell this property, hurry up before too late.
  1. Listed by Sima Haghighi • DRE #01257953 • Brokerage DRE #01854200 • KW Advisors

Property Details for 1501 South Sierra Bonita Avenue

Water Front
None
Zoning
LAR2
Style
Contemporary
Parcel Number
5069023015
Total Units
4.0
Living Area
2900
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)

Location

Listing Courtesy of KW Advisors, Sima Haghighi, DRE #01257953

Sold By Berkshire Hathaway HomeServices California, John Paul Brozyna, DRE #00998241

Add your commute
LISTING UPDATED: 01/07/2022 03:42 PM

Property Details for 1501 South Sierra Bonita Avenue

StatusSold
MLS #21-102245
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.15 AC / 6,414 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Advisors, Sima Haghighi, DRE #01257953

Sold By Berkshire Hathaway HomeServices California, John Paul Brozyna, DRE #00998241

Add your commute

Building Information for 1501 South Sierra Bonita Avenue

Stories2Residences-Year Built1937Building Size-Lot Size0.15 AC / 6,414 SF

Payment Calculator

$10,471 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,786

Property Taxes

$1,685

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1501 South Sierra Bonita Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Association Amenities: Trash
  • Association Fees Include: Water and Sewer Paid, Trash
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 1 bed 1 bath
  • View: Yes
  • View Description: City Lights, Green Belt, Courtyard
  • View: City Lights, Park/Greenbelt, Courtyard
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Direction Faces: North
  • Property Condition: Updated/Remodeled, Repairs Major
  • Water: In Street
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: Yes
  • Additions Alterations: Yes
  • Water Heater Features: Water Heater Unit, Gas
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: Rent Control, As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $82,300.00
  • Gross Income: $97,020
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $97,020.00
  • Actual Gross Annual Income: $0
  • Garage Income: $12,600
  • Laundry Income: $420
  • Actual Rent Total: $84,420.00
  • Financial Info as Of: 11/04/2021
  • Owner Pays: Gardener, Other, Water
  • Total Annual Expense: 14720
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1472
  • Lot Size Square Feet: 6414
  • Lot Features: Landscaped
  • Lot Description: Landscaped
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached, Private Garage, Assigned, Door Opener
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Private, Assigned, Garage Door Opener
  • Garage Structures Total: 4.0
Interior Features
Interior Features
  • Levels: Multi/Split
  • Fireplace Features: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Composition, Shingle
  • Sprinklers: Drip System
  • Patio Features: Porch - Front, Patio Open
  • Entry Location: Living Room
  • New Construction: No
  • Foundation Details: Raised
  • Other Structural Features: Balcony, Partial Copper Plumbing
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-04-2021
  • Garage Rental Rate: 350
  • Tenant Pays: Electricity, Gas, Air Cond/Heat Maint
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,050.00
  • Like Units: 0
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
  • Number of Dishwasher: 1
  • Number of Disposal: 4
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Range: 4
  • Number Refrigerator: 2
  • Number Rented Garages: 2
  • Number Wall AC: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $238,732.00
  • Assessed Improvement Percent: 39.13
  • Assessed Land Value: $371,362.00
  • Assessed Land Percent: 60.87
  • Assessed Total Value: $610,094.00

Property History for 1501 South Sierra Bonita Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1501 South Sierra Bonita Avenue

Taxable ValueLand$1,224,000Additions$418,200Total$1,642,200
Tax Record2023$20,225 ($1,685 / month)
Home Facts
Total Finished SqFt2,900 SqFtAbove Grade Finished SqFt2,900 SqFtLot Size6,353 SqFtStyleQuadraplexYear Built1937ZoningLAR2CountyLOS ANGELESAPN5069-023-015

Schools near 1501 South Sierra Bonita Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Saturn Street Elementary School
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

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.

Similar Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Advisors, Sima Haghighi, DRE #01257953

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.