716 N Sierra Bonita Avenue
Los Angeles, CA, 90046
$1,850,000
MLS: WS26083143
Beds
3
Baths
2
Sq Ft
1,429
Lot
0.12 ac
Year Built
1930
MLS #
WS26083143
Days on Market
1
Listed
Apr 20, 2026
Description
A rare and versatile opportunity at one of the most sought-after Melrose neighborhoods. This charming 1920s property offers a beautifully updated front home along with a separate guesthouse, creating endless possibilities for a variety of lifestyles and investment strategies. Whether you’re looking for a primary residence with a private home office or studio, space for extended family, or an income-producing property, this unique offering adapts to your needs. The front residence features 3 bedrooms and 2 bathrooms, highlighted by a brand-new kitchen with all new appliances, fresh paint throughout, and beautiful wood-style flooring. A bright living room, dining area, inside laundry, and private front yard complete the home’s comfortable layout. The detached guesthouse offers its own inviting living space, modern kitchen with stainless steel appliances and granite countertops, a private patio, and flexible sleeping arrangements—ideal for guests, rental income, or creative workspace. Located just moments from Melrose Avenue’s renowned dining, shopping, and entertainment, this is a rare opportunity to own a property that truly does it all.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: CLAUDINE SABBAGH · PARAGON REAL ESTATE
Payment estimate
$13,151
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $185,000 · Loan: $1,665,000
- Principal & Interest
- $10,230
- Property tax (1.25%)
- $1,927
- Homeowners insurance
- $300
- Mortgage insurance
- $694
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $64,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90046 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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