$1,300,000
SOLD APR 10, 2025

1547 N Sierra Bonita Ave Los Angeles, CA 90046

Hollywood Neighborhood
0.15 Acre
$8,392,511 Price per Acre
6,746 Sq Ft Lot

Recently Sold

$412 Per Sq Ft

2% Below List Price

21 Days on Market

About This Lot

As of April 2025

Development opportunity. 1 OF 2 LOTS TOTALING 13,487sf. SOLD WITH 1551 N. SIERRA BONITA AVE. Rare opportunity to acquire side-by-side lots in the sought-after Sunset Square area, with a combined area of 13,487 sqft and zoned LAR1. This sale encompasses the land at 1547 - 1551 N. Sierra Bonita, two addresses & two APN's. With the option to construct a single residence with ample outdoor space or develop two separate homes, One on each lot. Drive by and make an offer. AP'N : 5550009006 & 5550009004

Last Agent to Sell the Property

Daniel Jacobson

Compass License #01963669 Listed on: 03/14/2025

Compass

Last Buyer's Agent

OUT OF AREA ARCADIA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,687

Lot Details

  • 6,746 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Property is zoned LAR1

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 5550-009-006

Property Details

Property Type

Land

Est. Annual Taxes

$20,687

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1549
  • Lot Dimensions: 50x135
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5550-009-006
  • Lot Location: City
  • Lot Size Area: 6746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 6, 2021
Sold by
Cain James B and The Ann Lynn Cresciman Living
Bought by
Omninet Sierra Bonita Llc
Seller's Agent
Daniel Banchik
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Jacobson
Compass
List Price
$2,999,000
Sold Price
$2,300,000
Premium/Discount to List
-$699,000
-23.31%
Current Estimated Value
$2,000,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$299,238
Avg. Annual Appreciation
6.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,300,000 Equity Title Los Angeles
Grant Deed $2,300,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,495,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $1,300,000 -1.9% $412 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $1,325,000 -42.4% $420 / Sq Ft
08/17/2021 08/17/21 Sold $2,300,000 -11.5% $622 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $2,599,000 -13.3% $702 / Sq Ft
06/15/2021 06/15/21 For Sale $2,999,000 -- $811 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,687 $1,690,650 $1,352,520 $338,130
2023 $20,289 $1,657,500 $1,326,000 $331,500
2022 $19,346 $1,625,000 $1,300,000 $325,000
2021 $1,489 $101,410 $49,345 $52,065
2020 $1,496 $100,372 $48,840 $51,532
2019 $1,449 $98,405 $47,883 $50,522
2018 $1,393 $96,477 $46,945 $49,532
2016 $1,297 $92,732 $45,123 $47,609
2015 $1,281 $91,340 $44,446 $46,894
2014 $1,295 $89,552 $43,576 $45,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25511395

The MLS

APN: 5550-009-004