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1646 N Sierra Bonita Ave

Los Angeles, CA 90046
  • $4,350,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 21-111331
UPDATED: 18 min ago
$4,350,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,084
    SQFT
  • $614
    $/SQFT
Type:
Multi-Family
Built:
1938
County:
Area:

School Ratings & Info

Description

Located in Runyan Canyon nearby the Hollywood Walk of Fame, this traditional 1938 design multi-unit property offers a chance to own a part of LA's rich architectural heritage as well as an investment with significant potential for appreciation. Built with superior attention to detail, the building shows pride of ownership throughout, with rare quality and tasteful attributes that are simply not available today. All the features that make older properties a treasured possession are here: oak floors, high ceilings and custom moldings are just a few of the highlights. Each of the vacant units is currently being renovated with a focus on preserving the original character and style, with checkered marble flooring, redwood framing and the intricate ceramic tile that is emblematic of classic "Old Hollywood." All units in the building have their own grandfathered in numbered addresses. Other features include traditional, large floor plans with spacious built-in dressing areas, a laundry room and three detached garages. With eight separate one bedroom one bath units and many other 'behind-the-scenes' updates, including updated electrical, plumbing and interior/exterior paint, the potential exists for a significant return on investment with a solid asset located in a much sought after location. Live in one unit and rent the others, combine several units into a spacious luxury home in the heart of everything, or simply purchase as-is and generate an instant, mostly passive income stream the options are endless. Situated in walking distance to many shopping and dining options that are known worldwide, as well as several parks and houses of worship, this could be a treasured family asset for generations to come.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-27T10:42:30.247. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/123962510
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1646 N Sierra Bonita Ave Los Angeles, CA 90046

  • Price: $4,350,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 18 min ago
  • MLS #: 21-111331
8
Beds
0
Baths
0
½ Baths
0.17
Acres
7,084
SQFT
$614
$/SQFT
1938
Built
Neighborhood:
Baker & Hathaways Ingomar Tr
County:
Los Angeles
Area:
Hollywood
Property Description
Located in Runyan Canyon nearby the Hollywood Walk of Fame, this traditional 1938 design multi-unit property offers a chance to own a part of LA's rich architectural heritage as well as an investment with significant potential for appreciation. Built with superior attention to detail, the building shows pride of ownership throughout, with rare quality and tasteful attributes that are simply not available today. All the features that make older properties a treasured possession are here: oak floors, high ceilings and custom moldings are just a few of the highlights. Each of the vacant units is currently being renovated with a focus on preserving the original character and style, with checkered marble flooring, redwood framing and the intricate ceramic tile that is emblematic of classic "Old Hollywood." All units in the building have their own grandfathered in numbered addresses. Other features include traditional, large floor plans with spacious built-in dressing areas, a laundry room and three detached garages. With eight separate one bedroom one bath units and many other 'behind-the-scenes' updates, including updated electrical, plumbing and interior/exterior paint, the potential exists for a significant return on investment with a solid asset located in a much sought after location. Live in one unit and rent the others, combine several units into a spacious luxury home in the heart of everything, or simply purchase as-is and generate an instant, mostly passive income stream the options are endless. Situated in walking distance to many shopping and dining options that are known worldwide, as well as several parks and houses of worship, this could be a treasured family asset for generations to come.
Exterior Features

Cross Streets Hollywood Blvd. Direction Faces West Entry Location Ground Level W/Steps Garage Structures Total 3 Levels Two Lot Description Exterior Security LightsFenced YardFront YardStreet LightingGuttersLot Shape-RectangularStreet Paved Lot Location CityNear Public TransitPark Nearby Lot Size Area 7504 Other Structures Other Parking Garage Above Street LevelAssignedCarport DetachedCovered ParkingControlled EntranceDetachedDriveway - ConcreteGarage - 1 CarGarage - 2 CarGarageGarage Is DetachedPrivate GarageUnassigned Patio Features CoveredCovered Porch Pool Description None Pool YN No Spa None Spa YN No Sprinklers None Style Traditional Tennis Court None Tennis YN No Total Parking 6 View Description City LightsHillsCityPanoramicMountainsTree Top View YN Yes

Interior Features

Bathroom Features Shower Over Tub Baths Total 8.00 Bedroom Features WalkinclosetDressing Area Common Walls Attached Cooking Appliances Oven-GasRangeBuilt-In And Free Standing Cooling Window Unit(S) Equipment Built-InsCeiling FanGarbage DisposalRange/OvenRefrigeratorHood Fan Flooring HardwoodCeramic TileCarpetLinoleumPorcelain Heating Gravity Kitchen Features Counter Top Laundry CommunityGarage Laundry Equipment Own

Property Features

ADACompliance No Assessed Total Value 222818 Gross Income 0 Gross Operating Income 0 Like Units1 8 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 8 Owner Pays WaterGardener Sale Type Standard Security Features Smoke DetectorExterior Security Lights Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays OtherGasElectricityCable Tv Total Annual Expense 0 Type Of Units Residential Water Public Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Bachir Oueida DRE#00936311 of Douglas Elliman.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-27T10:42:30.247. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
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