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351 N Sierra Bonita Ave, Los Angeles, CA 90036
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351 N Sierra Bonita Ave Los Angeles, CA 90036

$3,495 Leased Price as of 03/19/2024
  • 2 Beds
  • 1 Baths
  • 1,200 Sq.Ft.
Leased
$3,495 Leased Price as of 03/19/2024 Refinance Your Mortgage
Map preview of 351 N Sierra Bonita Ave, Los Angeles, CA 90036

Property Overview: 351 N Sierra Bonita Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,200 living square feet and 6,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Vintage remodeled gorgeous 2BR/1BA available with AC in unit! This gorgeous unit is bight and open. It comes with its own spacious balcony, a formal dining room, original hardwood floors, and an upgraded kitchen and bathroom. Tenant pays electric and gas. Water bill is charged and split among all tenants. Comes with 1 parking spot. Can purchase additional Parking spot for $100. 2nd Floor units- STAIRS ARE REQUIRED. Washer and dryer PLANS ON BEING ADDED. Owner is working on it.

Listed by Matthew Lavi | BRE #01900133 | Keller Williams Larchmont
Last checked: 15 minutes ago | Last updated: March 19th, 2024 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
6,499
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Condominium
Status
Leased
MLS#
24353315
City
Los Angeles
County
Los Angeles
Time on Site
139 days

Property Details for 351 N Sierra Bonita Ave

Interior Features
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Carport
Property Information
  • Has View
  • Parcel Number: 5526041004
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Beverly Blvd. West of Fairfax.
View more facts & features

Local Los Angeles Agent

Sale History for 351 N Sierra Bonita Ave

Last leased for $3,495 on March 19th, 2024

  • March, 2024

  • Mar 19, 2024

    Date

    Leased

    CRMLS: 24353315

    $3,495

    Price

  • Feb 19, 2024

    Date

    Active

    CRMLS: 24353315

    $3,495

    Price

  • September, 2020

  • Sep 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $226,000

    Price

  • February, 2020

  • Feb 4, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2020

  • Jan 23, 2020

    Date

    Expired

    CRMLS: 19491510

    $2,890,000

    Price

  • Oct 10, 2019

    Date

    Withdrawn

    CRMLS: 19491510

    $2,890,000

    Price

  • Jul 22, 2019

    Date

    Active

    CRMLS: 19491510

    $2,890,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this 6 Unit apartment building, 351 N. Sierra Bonita Ave. The property is conveniently located in Beverly Grove, one of the highest-demand rental markets in the country. The unit mix consists of Two ~1,600 SF Two-bedroom+One-bathroom units; one of which will be delivered VACANT, with RTI plans to convert to a Three Bedroom+Two Bathroom apartment. Additionally the property features 4 One-Bedroom+One-Bathroom units; two of which will be delivered VACANT, with RTI plans to convert to One-Bedroom+Den+One-Bathroom units.The property was built in 1930 and features 6 garages. This is an extremely rare opportunity for an investor to acquire a 50% VACANT building in a Prime submarket of Los Angeles, with the potential to reposition this asset to a ~6.7% Cap Rate upon full stabilization.

  • April, 2019

  • Apr 1, 2019

    Date

    Sold

    CRMLS: SB19002774

    $2,150,000

    Price

  • Feb 12, 2019

    Date

    Pending

    CRMLS: SB19002774

    $2,625,000

    Price

  • Jan 29, 2019

    Date

    Active

    CRMLS: SB19002774

    $2,625,000

    Price

  • Jan 22, 2019

    Date

    Pending

    CRMLS: SB19002774

    $2,625,000

    Price

  • Jan 21, 2019

    Date

    Active

    CRMLS: SB19002774

    $2,625,000

    Price

  • Jan 16, 2019

    Date

    Pending

    CRMLS: SB19002774

    $2,625,000

    Price

  • Jan 4, 2019

    Date

    Active

    CRMLS: SB19002774

    $2,625,000

    Price

  • Listing provided courtesy of CRMLS

    351 N Sierra Bonita Ave is a well-kept Spanish-style apartment building located in the Fairfax/Beverly Grove district - one of the most desirable and walkable neighborhoods in Los Angeles. Built in 1930, this 6-unit building consists of two stories and a unit mix of two (2) 2-bed/1-bath and four (4) 1-bed/1-bath units. Select units feature original details, such as hardwood floors, period tile in kitchens/bathrooms, and cove ceiling molding. The building's electrical and plumbing systems have been extensively upgraded throughout. There are 6 garage parking spaces on-site and additional rear surface parking. Given the property's high upside (40% increase in market rent potential) and great location near the Grove, the Fairfax & Melrose shopping district, and various restaurants, this is an excellent opportunity for any investor to acquire on prime Los Angeles real estate.

  • November, 2018

  • Nov 24, 2018

    Date

    Expired

    CRMLS: 18355002

    $2,840,000

    Price

  • Aug 9, 2018

    Date

    Price Change

    CRMLS: 18355002

    $2,840,000

    Price

  • Jul 23, 2018

    Date

    Price Change

    CRMLS: 18355002

    $2,925,000

    Price

  • Jun 16, 2018

    Date

    Active

    CRMLS: 18355002

    $2,975,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present 351 N Sierra Bonita Avenue, a charming, well-kept, Spanish-style apartment building located in the Fairfax/Beverly Grove sub-market-one of the most desirable and walk-able neighborhoods in Los Angeles. Built in 1930, this 2-story, 6-unit building is made up of 4 (1+1) and 2 large (2+1) units. Select units feature original details such as hardwood floors, period tile in kitchens/bathrooms, and cove ceiling molding. The building's electrical and plumbing systems have been extensively upgraded throughout. There are 6 garage parking spaces on-site and additional rear yard driveway parking. The property is accented with tasteful, Spanish touches like the red tiled roof and classic, detailed archway at the front entry. The well-landscaped front yard is highlighted by a beautiful jacaranda tree.

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Tax History for 351 N Sierra Bonita Ave

Assessed Value (2020): $2,193,000
Year Land Value Improved Value Assessed Value
2020 $1,530,000 $663,000 $2,193,000

Home Value Compared to the Market

This property vs the competition

351 N Sierra Bonita Ave has recently been leased in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment.

About 351 N Sierra Bonita Ave

Detailed summary of property

351 N Sierra Bonita Ave is a condominium that was recently leased in Los Angeles, CA 90036. This condo offered 2 bedrooms, 1 bathrooms, roughly 1,200 living square feet, and sits on an approximately 6,499 square foot lot. 351 N Sierra Bonita Ave was first listed on ArdentRealEstateGroup.com on February 19, 2024. The homeowner leased the property for $3,495. While the average home in Los Angeles, CA is selling in 102 days, 351 N Sierra Bonita Ave has a days on market of 28 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. Local homes that are currently for sale include 535 N Formosa Ave, 822 N Sierra Bonita Ave and 724 N Ogden Dr. For more information on this home for lease at 351 N Sierra Bonita Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 351 N Sierra Bonita Ave

Public county record property details
Beds
10
Baths
6
Year built
1930
Sq. Ft.
5,588
Lot Size
6,497
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
284
APN
5526-041-004

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$963
Median Sold Price
$2,310,000
Median Sold Price/Sq.Ft.
$778
Total Inventory
39
Median Sale to List Price %
94.29%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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

Homes for Sale Near 351 N Sierra Bonita Ave

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Homes for Lease Near 351 N Sierra Bonita Ave

Nearby Homes for Lease

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$3,899
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7660 Beverly Blvd #219
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7660 Beverly Blvd #438, Los Angeles, CA 90036
$3,690
1 Beds
1 Baths
670 Sq.Ft.
7660 Beverly Blvd #438
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464 N Sierra Bonita Ave, Los Angeles, CA 90036
$3,200
2 Beds
1 Baths
5917 Sq.Ft.
464 N Sierra Bonita Ave
Los Angeles, CA 90036

Recently Leased Homes Near 351 N Sierra Bonita Ave

326 N Sierra Bonita Ave, Los Angeles, CA 90036
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326 N Sierra Bonita Ave
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351 N Gardner St #1, Los Angeles, CA 90036
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351 N Gardner St #1
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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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