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1419 S Sierra Bonita Ave, Los Angeles, CA 90019
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1419 S Sierra Bonita Ave Los Angeles, CA 90019

$2,375,000 Sold Price as of 11/20/2023
  • 6 Beds
  • 4 Baths
  • 3,860 Sq.Ft.
Sold
$2,375,000 Sold Price as of 11/20/2023 Refinance Your Mortgage
Map preview of 1419 S Sierra Bonita Ave, Los Angeles, CA 90019

Property Overview: 1419 S Sierra Bonita Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,860 living square feet and 5,986 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Brand new TJH masterpiece available! 2021 construction farmhouse style duplex in the Picfair Village area of Mid Cities is truly remarkable! The duplex features two 3 bedroom / 2.5 bathroom townhome units. Both units are rented on lease terms until 2024 and provide strong and stable rental income. Offered at a 5.32% cap rate and at $641/ft, this opportunity is perfect for a seasoned investor. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit also includes a 2 car garage and 1 outdoor space. Each unit also enjoys in-unit laundry. Tenants pay all utilities! Located in Picfair Village, the property is in close proximity to all the major employment hubs LA has to offer!

Listed by John Katnik | BRE #02002695 | BRC Advisors- BH
Last checked: 14 minutes ago | Last updated: November 20th, 2023 | Source CRMLS | DOM: 93

Home details

Lot Sq. Ft
5,986
HOA Dues
$0/mo
Year built
2021
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
23289227
City
Los Angeles
County
Los Angeles
Time on Site
428 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $7,135
  • Total Rent: $14,270
  • Pro Forma/Market Rent: $14,270
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.45
  • Gross Scheduled Income: --
  • Net Operating Income: $131,727
  • Gross Operating Income: $167,815
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1419 S Sierra Bonita Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Gas
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5069019031
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Picfair Village - South of Pico and East of Fairfax
View more facts & features

Local Los Angeles Agent

Sale History for 1419 S Sierra Bonita Ave

Last sold for $2,375,000 on November 20th, 2023

  • November, 2023

  • Nov 20, 2023

    Date

    Sold

    CRMLS: 23289227

    $2,375,000

    Price

  • Jul 19, 2023

    Date

    Active

    CRMLS: 23289227

    $2,475,000

    Price

  • December, 2020

  • Dec 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $599,500

    Price

  • December, 2019

  • Dec 21, 2019

    Date

    Sold

    CRMLS: TR19194174

    $965,000

    Price

  • Nov 21, 2019

    Date

    Pending

    CRMLS: TR19194174

    $995,000

    Price

  • Oct 18, 2019

    Date

    Active

    CRMLS: TR19194174

    $995,000

    Price

  • Oct 3, 2019

    Date

    Pending

    CRMLS: TR19194174

    $995,000

    Price

  • Sep 7, 2019

    Date

    Price Change

    CRMLS: TR19194174

    $995,000

    Price

  • Aug 31, 2019

    Date

    Price Change

    CRMLS: TR19194174

    $1,149,000

    Price

  • Aug 18, 2019

    Date

    Price Change

    CRMLS: TR19194174

    $1,199,000

    Price

  • Aug 14, 2019

    Date

    Active

    CRMLS: TR19194174

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION!! minutes from THE GROVE and BEVERLY HILLS. WONDERFUL DEVELOPMENT opportunity alongside 2 apartment buildings and LAR2 ZONING!!! Freshly remodeled, 2 units with garage. DELIVERED VACANT at close of Escrow.

  • December, 2019

  • Dec 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $965,000

    Price

  • June, 2019

  • Jun 14, 2019

    Date

    Sold

    CRMLS: 19438354

    $883,000

    Price

  • May 7, 2019

    Date

    Active Under Contract

    CRMLS: 19438354

    $900,000

    Price

  • Mar 6, 2019

    Date

    Active

    CRMLS: 19438354

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION! Wonderful investment opportunity and LAR2 Zoning!!! 2 Units Plus garage space. Property is VACANT and is a Probate Sale. EXCELLENT DEVELOPMENT POTENTIAL. THIS IS A FIXER WITH NO REPAIRS, NO TERMITE, NO HOME WARRANTY AND NO APPRAISAL WILL BE PAID. ALL CASH PURCHASE AS IS. Property is currently a duplex showing rental comps of $5,000 per month for both sides estimated. NO CONVENTIONAL FINANCING AVAILABLE FOR THIS PURCHASE!

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Tax History for 1419 S Sierra Bonita Ave

Assessed Value (2020): $965,000
Year Land Value Improved Value Assessed Value
2020 $675,000 $290,000 $965,000

Home Value Compared to the Market

This property vs the competition

1419 S Sierra Bonita Ave sold on November 20, 2023 for 120.98% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $641.19 per/sqft which puts the price per square foot 11.44% lower than the current median sale per square foot for the city of Los Angeles.

About 1419 S Sierra Bonita Ave

Detailed summary of property

1419 S Sierra Bonita Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,860 living square feet, and sits on an approximately 5,986 square foot lot. 1419 S Sierra Bonita Ave was first listed on ArdentRealEstateGroup.com on July 19, 2023. The homeowner sold the property for $2,375,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 120.98% higher than the current median priced home. Local homes that are currently for sale include 1032 S Orange Dr, 6347 Orange St and 1315 S Longwood Ave. While the average home in Los Angeles, CA is selling in 106 days, 1419 S Sierra Bonita Ave has a days on market of 93 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1419 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 1419 S Sierra Bonita Ave

Public county record property details
Beds
3
Baths
2
Year built
1940
Sq. Ft.
1,755
Lot Size
5,985
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
93
APN
5069-019-031

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
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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