422 N Sierra Bonita Avenue

Property Overview

422 N Sierra Bonita Ave is a charming five-unit apartment building located in the highly desirable Fairfax District. There is a tremendous opportunity for accessory dwelling units (ADUs). Built in 1938, the property features four 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit that will be delivered vacant, totaling 3,870 square feet on a 6,500-square-foot LARD1.5 lot. Situated on a quiet street, it offers residents the perfect blend of historic character and central city convenience, just minutes from iconic destinations like The Grove, the Farmers Market, LACMA, and the popular retail and dining options along Melrose and La Brea Avenues. Residents benefit from easy access to Beverly Hills and West Hollywood, along with separately metered utilities, covered three-car garage parking, and additional rear parking. With its walkable location and timeless architectural appeal, this property presents a compelling value-add or owner-user opportunity. Once the vacant unit is leased, the property will be generating approximately $12,085 in monthly income operating at a 5.3% cap rate with upside of approximately 7%, not including the tremendous upside of accessory dwelling‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ units.

Home Details

Property type: Residential Income
Year built: 1938
Living area: 3,870 sq ft
Lot size: 6,501 sq ft
Parking: 5 spaces
Garage: 3 spaces
Stories: 2
Days on market: 8
MLS status: Active
Zoning: LARD1.5

Features & Amenities

Parking

Driveway

Community, Schools & Utilities

Utilities

Heating: WallFurnace
Cooling: None

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Location & Neighborhood

Los Angeles, CA 90036

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Frequently Asked Questions About 422 N Sierra Bonita Avenue

Property type: Residential Income

The current asking price is $1,795,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 422 N Sierra Bonita Avenue. Our team will confirm availability and timing.

This 6 bedrooms and 5 bathrooms property offers approximately 3,870 square feet of living space. It was built in 1938. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.