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716 N Sierra Bonita Avenue
Duplex 
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716 N Sierra Bonita Avenue 
$1,750,000
Offered at
Los Angeles, CA 90046
Los Angeles County
3
Beds
2
Baths
1,429
Sq Ft
5,188
Lot Sq Ft
1930
Year Built
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…
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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Cooling: Central Air
Appliances
- Laundry: Gas Dryer Hookup, Inside
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,429 sqft
Property
Parking
- Total spaces: 1
- Garage spaces: 1
Features
- Stories: 1
- Has private pool: No
- Has view: No
Lot
- Size: 0.12 Acres
- Features: Yard
Details
- Parcel number: 5526012023
- Zoning: LAR1
Construction
Type & style
- Home type: Residential
- Property subtype: Duplex
Condition
- Year built: 1930
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: PARAGON REAL ESTATE · Listing Agent: CLAUDINE SABBAGH · 323-252-7900 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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716 N Sierra Bonita Avenue, Los Angeles, CA 90046
951-528-0626
mike@mzhomes.us
mzhomes.us
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