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Updated Duplex With Detached Guesthouse
For Sale
$1,750,000

716 N Sierra Bonita AVE, Los Angeles, CA 90046

Two separate residences offer updated interiors, private outdoor areas, and month-to-month occupancy flexibility near Melrose Avenue.

Property Size1,429 SF
Days on Market130

Property Features for 716 N Sierra Bonita AVE

General Information

Standard status Active
Size 1,429 SF
Property subtype MULTI_FAMILY
Zoning R1-1
Occupancy 100%

Additional Details

Gross Income $80,400
Multifamily Units 2

Building Details

Building Size 1,429 SF
Year Built 1930
Buildings 2
Tenancy Multi
Listing Agency: PARAGON REAL ESTATE
Listed By: CLAUDINE SABBAGH · License #01313471
Source: Milsteinestates
Added: Apr 17 Changed: Aug 20 Last Checked: Aug 23 at 9:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PARAGON REAL ESTATE

Investment Insights

Based on property information with market context.

Built in 1930, this duplex includes a renovated front residence and a separate guesthouse. The primary home provides 3 bedrooms and 2 bathrooms, along with a new kitchen and appliances, wood-style flooring, interior laundry, living and dining areas, and a private front yard. The detached unit adds a living area, contemporary kitchen with stainless steel appliances and granite countertops, private patio, and adaptable sleeping space.

Both residences are leased month to month, allowing flexibility for continued rental use or future occupancy decisions. The property is zoned R1-1 and may support development options associated with SB 9 and SB 684, as well as parking provisions under AB 2097, subject to city approval and buyer verification. Its setting near Melrose Avenue places dining, retail, and entertainment nearby.

Key Highlights

  • Duplex configuration with a detached guesthouse
  • Front residence includes 3 bedrooms and 2 bathrooms
  • Guesthouse features a kitchen with stainless steel appliances and granite countertops

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Clothing & Fashion Store Restaurant Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,198
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer updated interiors, private outdoor areas, and month-to-month occupancy flexibility near Melrose Avenue.
Where is this duplex located?
The property is located at 716 N Sierra Bonita AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Duplex configuration with a detached guesthouse; Front residence includes 3 bedrooms and 2 bathrooms; Guesthouse features a kitchen with stainless steel appliances and granite countertops
More about this property
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