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I am pleased to offer for sale a six-unit apartment community located at 1110 South Sierra Bonita Avenue. Situated on a 4,420 square foot parcel, the subject property comprises entirely of one-bedroom units. The deal has a strong value-add component with 143% remaining rental upside through unit renovations and the addition of two ADU's. It is surrounded by retail and located within minutes of the Grove providing access to daily errands, retail and nightlife. The prime location of the asset along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 1110 South Sierra Bonita an excellent acquisition opportunity. MLS® ID: 22184987 Listed: 7/31/22 Updated: 10/4/22 Interior Features Total Bedrooms: 6 Total Bathrooms: 6 Exterior/Building Features Lot Size: 5,208 ft2 lot Other Property Details Area Name: C19 - Beverly Center-Miracle Mile Garage: No Parking: Covered Parking Total: 4.0 View: N County: Los Angeles Pool: No Total Stories: 2 Zoning: LAR3 Property History Date Event Price Value 9/14/22 Price Change $1,495,000 -3% 8/11/22 Price Change $1,550,000 -2% Listed by Sean Rosenzweig, Marcus & Millichap, Based on information from California Regional Multiple Listing Service, Inc. as of 10/4/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.