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716 N Sierra Bonita Avenue

Los Angeles, CA 90046
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Bed 3

Bed

Bath 2

Bath

SqFt1,429

Sqft

SqFt5,188

Sqft(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $1,750,000

AD Id : 77560762

MLS Id : WS26083143

Beds : 3

Lot Size : 5,188 Sqft

Living Area Size : 1,429

Year Built : 1930

Garage : 1

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    AllBedroomsDown
    Laundry Features: GasDryerHookup, Inside
  • Heating & Cooling

    Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1930
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5188 Lot Size Acres: 0.1191 Lot Size Source: SeeRemarks Lot Size Square Feet: 5,188 Lot Description: Yard

  • Listing Price Information

    Listing Price: $1750000
    Original Price: $1850000
    CashToNewLoan

  • Tax Information

    Parcel Number: 5526012023 Tax Lot: 68

  • Parking Information

    Parking Total: 1

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: From Melrose turn North on Sierra Bonita WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7122 /7124 De Longpre, Los Angeles, CA, 90046 $1,850,000 4 4 3,200 3,200 SqFt
8248 Mannix, Los Angeles, CA, 90046 $1,080,000 3 2 1,360 1,360 SqFt
8709 Lookout Mountain, Los Angeles, CA, 90046 $1,100,000 3 3 1,476 1,476 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/26/2026 @ 09:38

MLS: WS26083143 LISTED BY: CLAUDINE SABBAGH, PARAGON REAL ESTATE 949-803-9089 SOURCE: CRMLS

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