422 N Sierra Bonita Avenue, Los Angeles, CA 90036

• 6 beds |
• 5 baths |
• 3,870 sqft

Property Description

422 N Sierra Bonita Ave is a charming five-unit apartment building located in the highly desirable Fairfax District. There is a tremendous opportunity for accessory dwelling units (ADUs). Built in 1938, the property features four 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit that will be delivered vacant, totaling 3,870 square feet on a 6,500-square-foot LARD1.5 lot. Situated on a quiet street, it offers residents the perfect blend of historic character and central city convenience, just minutes from iconic destinations like The Grove, the Farmers Market, LACMA, and the popular retail and dining options along Melrose and La Brea Avenues. Residents benefit from easy access to Beverly Hills and West Hollywood, along with separately metered utilities, covered three-car garage parking, and additional rear parking. With its walkable location and timeless architectural appeal, this property presents a compelling value-add or owner-user opportunity. Once the vacant unit is leased, the property will be generating approximately $12,085 in monthly income operating at a 5.3% cap rate with upside of approximately 7%, not including the tremendous upside of accessory dwelling​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​​‌‌‌​​​​​‌‌​​​‌ units.

Listing Status:

Active

Date Added:

August 12, 2026

Data Last Updated:

August 24, 2026 at 6:18AM

Listing Office:

Keller Williams Realty La Canada Flintridge : 818-790-0048

Listing Agent:

Archie Robb : 213-239-3392

MLS ID:

26871485

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: DrivewayParking spaces: 5

Construction

• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LARD1.55526031019

Financial

• Source: CRMLS_CL