1 year on rocket

1612 S Sierra Bonita Ave, Los Angeles, CA, 90019

$1,499,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1612 S Sierra Bonita Ave, Los Angeles$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingDriveway, Garage
Garage3 spaces
Year Built1928
HeatingForced Air
CoolingCentral Air
FireplaceNone
ViewNone
MLS #SB23150242
Lot Size0.13 Acres
StatusActive

About 1612 S Sierra Bonita Ave

NEW LOW PRICE. ALL 3 APARTMENTS ARE VACANT. It took us a year to get these dead-beat tenants out. None of them were paying rent. They are out, so the new owner can put their own tenants in at the price they want. This is a very rare situation. All 3 units are move-in ready. This Spanish-style property located in the exclusive Picfair Village consists of 3 units in 2 buildings. The front 2 units are 2 beds and 1 bath each apartment, while there’s a 1 bed 1 bath unit over the 3-car garage. The front 2 bed downstairs apartment could be considered the “owners” unit. Remodeled with granite countertops, stainless steel appliances, A/C, washer and dryer hookups and hardwood floors. The view from the 1 bed apartment is spectacular. It’s a million-dollar view of downtown LA and the San Gabriel mountains. Unbelievable view from the huge balcony. It has copper plumbing, new service panel, automatic drip watering system. This is a big lot that possibly can be used for an additional ADU. You’ll need to check with the city. There is a common area that can be used as a BBQ area or even a Zen Garden. You decide. There are 3 separate gas and electric meters, so let the tenant pay for those utilities. Very desirable neighborhood, come see for yourself. You’re gonna love it.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1928
  • Stories: 2

Listing Office:

  • Office Name: Realty One Group United
  • Office Phone: (310) 621-2819
  • Listing Agent: Brian Byhower

Interior Features

Interior Information:

  • Appliances: Stove, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Sprinklers
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East bound on Venice to North on Sierra Bonita.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000

Tax Information:

  • Annual Amount: $15,526
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1612 S Sierra Bonita Ave vs Los Angeles

467 DAYS ON ROCKET

+429 Days

$1,499,000

+$475.5K More

KEY TAKEAWAY

This property is $475.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB23150242

Listing Office:

  • Office Name: Realty One Group United
  • Office Phone: (310) 621-2819
  • Listing Agent: Brian Byhower

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$15,526$1,288,208
2020$3,763$1,275,000
2019$3,701$287,779
2018$3,627$282,137
2017$3,627$276,606

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-211729
5
/10

  • Saturn Street Elementary

  • 5360 Saturn St

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-211730
7
/10

  • Marvin Avenue Elementary

  • 2411 S Marvin Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-211731
5
/10

  • Crescent Heights Blvd School

  • 1661 S Crescent Heights Blvd

  • 0.81 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,864. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90019›1612 S Sierra Bonita Ave

This home is located at 1612 S Sierra Bonita Ave in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This home, which was built in 1928, sits on a 0.13 acre lot. It has been listed on Rocket Homes since August 12, 2023 and is currently priced at $1,499,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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