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1110 S Sierra Bonita Ave, Los Angeles, CA 90019
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1110 S Sierra Bonita Ave Los Angeles, CA 90019

$1,400,000 Sold Price as of 03/23/2022
  • -- Beds
  • -- Baths
  • 4,420 Sq.Ft.
Sold
$1,400,000 Sold Price as of 03/23/2022 Refinance Your Mortgage
Map preview of 1110 S Sierra Bonita Ave, Los Angeles, CA 90019

Property Overview: 1110 S Sierra Bonita Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 4,420 living square feet and 5,208 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Only $361 per foot, $266K/door, with a true 803% pro forma cap rate-this is the BEST value add deal in this market. Six unit multi-family building located in prime Mid-Wilshire of Los Angeles. The subject site is a major value-add site with approximately 110% upside in rent. Pro Forma cap rate is 8.3%! The unit mix consists of six 1bed / 1 bath and a large detached four car garage (currently not used as parking by any tenants) that can be converted into a one or two bedroom ADU. The units are large at approximately 760 square feet each. Only half a mile from retail and restaurants along S. Fairfax Avenue and one mile from the Mid-Town Shopping Center. Great location close to retail on both La Cienega Blvd. and La Brea Ave. Just 1.1 miles from the Los Angeles County Museum of Art.

Listed by Oron Maher | BRE #01299093 | Maher Commercial Realty
Last checked: 53 seconds ago | Last updated: August 10th, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,208
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Other
Status
Sold
MLS#
22133945
City
Los Angeles
County
Los Angeles
Time on Site
349 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1110 S Sierra Bonita Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Corner Lot, Back Yard
Property Information
  • Parcel Number: 5085004027
Location / Neighborhood
Location Information
  • Directions: Head Northwest on S San Vicente Blvd and take a right onto Sierra Bonita Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1110 S Sierra Bonita Ave

Last leased for $2,195 on August 10th, 2023

  • August, 2023

  • Aug 10, 2023

    Date

    Leased

    CRMLS: 23266803

    $2,195

    Price

  • May 3, 2023

    Date

    Active

    CRMLS: 23266803

    $2,295

    Price

  • Listing provided courtesy of CRMLS

    Fantastic apartment located in Miracle Mile! 1 bed/ 1 bath, cozy apartment. Wood floors, freshly painted, comes with BRAND NEW STAINLESS STEEL APPLIANCES! Street parking only and no laundry inside the property. Great price for the location! WILL NOT LAST!!!!

  • May, 2023

  • May 15, 2023

    Date

    Leased

    CRMLS: 23266801

    $2,200

    Price

  • May 3, 2023

    Date

    Active

    CRMLS: 23266801

    $2,295

    Price

  • Listing provided courtesy of CRMLS

    Fantastic apartment located in Miracle Mile! 1 bed/ 1 bath, cozy apartment. Wood floors, freshly painted, comes with appliances! Street parking only and no laundry inside the property. Great price for the location!

  • November, 2022

  • Nov 16, 2022

    Date

    Expired

    CRMLS: 22184987

    $1,470,000

    Price

  • Aug 1, 2022

    Date

    Active

    CRMLS: 22184987

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    I am pleased to offer for sale a six-unit apartment community located at 1110 South Sierra Bonita Avenue. Situated on a 4,420 square foot parcel, the subject property comprises entirely of one-bedroom units. The deal has a strong value-add component with 143% remaining rental upside through unit renovations and the addition of two ADU's. It is surrounded by retail and located within minutes of the Grove providing access to daily errands, retail and nightlife. The prime location of the asset along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 1110 South Sierra Bonita an excellent acquisition opportunity.

  • March, 2022

  • Mar 23, 2022

    Date

    Sold

    CRMLS: 21790558

    $1,400,000

    Price

  • Oct 15, 2021

    Date

    Active

    CRMLS: 21790558

    $1,795,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2022

  • Mar 23, 2022

    Date

    Sold

    CRMLS: 22133945

    $1,400,000

    Price

  • Mar 7, 2022

    Date

    Active

    CRMLS: 22133945

    $1,600,000

    Price

  • October, 2021

  • Oct 4, 2021

    Date

    Active

    CRMLS: 21791330

    $1,795,000

    Price

  • Listing provided courtesy of CRMLS

    Six unit multi-family building located in prime Mid-Wilshire of Los Angeles. The subject site is a major value-add site with approximately 110% upside in rent. Pro Forma cap rate is 8.3%! The unit mix consists of six 1bed / 1 bath and a large detached four car garage (currently not used as parking by any tenants) that can be converted into a one or two bedroom ADU. The units are large at approximately 760 square feet each. Only half a mile from retail and restaurants along S. Fairfax Avenue and one mile from the Mid-Town Shopping Center. Great location close to retail on both La Cienega Blvd. and La Brea Ave. Just 1.1 miles from the Los Angeles County Museum of Art.

  • February, 2019

  • Feb 19, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2007

  • Apr 25, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1110 S Sierra Bonita Ave

Assessed Value (2020): $266,245
Year Land Value Improved Value Assessed Value
2020 $111,404 $154,841 $266,245

Home Value Compared to the Market

This property vs the competition

1110 S Sierra Bonita Ave sold on March 23, 2022 for 34.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $361.99 per/sqft which puts the price per square foot 52.05% lower than the current median sale per square foot for the city of Los Angeles.

About 1110 S Sierra Bonita Ave

Detailed summary of property

1110 S Sierra Bonita Ave is a other that recently sold in Los Angeles, CA 90019. This property offered -- bedrooms, -- bathrooms, roughly 4,420 living square feet, and sits on an approximately 5,208 square foot lot. 1110 S Sierra Bonita Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,400,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.45% higher than the current median priced home. Local homes that are currently for sale include 160 Union Pl, 4303 S Main St and 2922 Maple Ave. While the average home in Los Angeles, CA is selling in 92 days, 1110 S Sierra Bonita Ave has a days on market of 8 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1110 S Sierra Bonita Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1110 S Sierra Bonita Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
4,420
Lot Size
5,208
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
125
APN
5085-004-027

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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