1419 S Sierra Bonita Avenue, Los Angeles, CA 90019

About this property

Brand new TJH masterpiece available! 2021 construction farmhouse style duplex in the Picfair Village area of Mid Cities is truly remarkable! The duplex features two 3 bedroom / 2.5 bathroom townhome units. Both units are rented on lease terms until 2024 and provide strong and stable rental income. Offered at a 5.32% cap rate and at $641/ft, this opportunity is perfect for a seasoned investor. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit also includes a 2 car garage and 1 outdoor space. Each unit also enjoys in-unit laundry. Tenants pay all utilities! Located in Picfair Village, the property is in close proximity to all the major employment hubs LA has to offer!

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$2,375,000

Sold November 2023 · listed $2,475,000, on market July 2023 · MLS #23289227 · Source: CRMLS

Listing Agent: John Katnik · Listing Office: BRC Advisors- BH · Bought with: Shahin Kahroba · Shahin Kahroba

$965,000

Sold December 2019 · listed $995,000, orig. $1,300,000, on market August 2019 · MLS #TR19194174 · Source: CRMLS

Listing Agent: Jonathan Minerick · Listing Office: Homecoin.com · Contact: 888-400-2513 · Bought with: Taylor Carlson · Thomas James Real Estate Services, Inc

$883,000

Sold July 2019 · listed $900,000, on market March 2019 · MLS #19438354 · Source: CRMLS

Listing Agent: Deborah Earle · Listing Office: DME Investment & Realty Co. · Contact: 310-294-9961 · Bought with: Deborah Earle · DME Investment & Realty Co.

Explore Los Angeles