716 N Sierra Bonita Avenue, Los Angeles, CA 90046
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
716 N Sierra Bonita Avenue,Los Angeles, CA 90046
$1,850,000
- 3 Beds
- 2 Baths
- 1,429 sq. ft.
- Single family
- Active
Listed by: claudine sabbagh
Office: paragon real estate949-803-9089
MLS#:WS26083143
Source:CRMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$1,294.61
About this home
Rare and versatile opportunity can be used "as is" with a main and guest house or redeveloped as a multi unit residential property in one of the most sought-after Melrose-area neighborhoods. This charming 1920s property features a beautifully updated front residence plus a detached guesthouse, offering exceptional flexibility for both owner-users and investors. Whether used as a primary residence with supplemental income, a private office or studio, space for extended family, guest accommodations, or a full income-producing property, this unique offering adapts to a variety of needs.
The front home offers 3 bedrooms and 2 bathrooms, highlighted by a brand-new kitchen with all-new appliances, fresh interior paint, beautiful wood-style flooring, a bright living room, dining area, inside laundry, and a private front yard. The detached guesthouse includes its own inviting living space, a modern kitchen with stainless steel appliances and granite countertops, a private patio, and flexible sleeping arrangements—ideal for guests, rental income, or creative workspace.
Currently, the front residence is rented for $4,000 per month and the back guesthouse is rented for $2,700 per month, for a combined monthly income of $6,700. Both units are currently leased on a month-to-month basis, offering added flexibility for future use.
Located moments from Melrose Avenue’s renowned dining, shopping, and entertainment, this is a rare opportunity to own a property that truly does it all.
Additional upside: This R1-1 zoned property may offer several development opportunities. Potential options may include up to four units under SB 9, additional multi-unit possibilities under SB 684, and reduced or no parking requirements under AB 2097, subject to city approval and buyer verification....
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Home facts
- Year built:1930
- Listing ID #:WS26083143
- Added:52 day(s) ago
- Updated:June 09, 2026 at 10:34 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,429 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1930
- Building area:1,429 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Yard
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$1,294.61
Features and amenities
- Laundry features:Inside
- Amenities:All Bedrooms Down
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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