535 N Sierra Bonita Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 5 bed, 6 bath

535 N Sierra Bonita Avenue, Los Angeles, California 90036 home-pic-0
ACTIVE$2,899,000
535 N Sierra Bonita Avenue, Los Angeles, California 90036
5Beds
6Baths
2,725Sqft
6,502Lot
Year Built
2023
Close
-
List price
$2.9M
Original List price
$3M
Price/Sqft
$1,064
HOA
-
Days on market
-
Sold On
-
MLS number
BB25106096
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 4 Cons,5 Pros. Rank: price - $2.90M(72th), sqft - 2725(57th), beds - 5(68th), baths - 6(85th).

Welcome to this stunning newly built modern farmhouse located in the heart of Melrose! This spacious home features 5 bedrooms, 5.5 bathrooms, and offers 2,725 square feet of beautifully designed living space. Sitting on a generous 6,502 square foot lot, the home also includes an attached 400 square foot 2-car garage for added convenience. The backyard is an entertainer’s dream—complete with a sparkling pool, relaxing jacuzzi, and a built-in gazebo-covered deck, perfect for shaded lounging or hosting a BBQ. Don’t miss your opportunity to own this incredible home! Schedule your private showing today—this one won’t last! Welcome Home.

Nearby schools

7/10
Hancock Park Elementary School
Public,K-50.9mi
8/10
Third Street Elementary School
Public,K-51.3mi
2/10
Vine Street Elementary School
Public,K-61.7mi
3/10
Laurel Elementary School
Public,K-80.7mi
7/10
John Burroughs Middle School
Public,6-81.6mi
7/10
Fairfax Senior High School
Public,9-120.4mi

Price History

Date
Event
Price
08/25/25
Sold
$2,700,000
01/03/22
Sold
$1,700,000
Condition Rating
Excellent

This property was newly built in 2023, meeting the 'newly built or fully renovated recently' criteria. The images confirm a modern farmhouse aesthetic with high-end finishes throughout. The kitchen features new stainless steel appliances, white shaker cabinets, quartz countertops, and modern lighting. All bathrooms are pristine with contemporary vanities, fixtures, and tiling. Hardwood floors are present throughout the living areas and bedrooms. There is no evidence of deferred maintenance or physical depreciation, indicating all components are new and meet current quality standards.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2023 with a 'modern farmhouse' aesthetic, offering contemporary appeal and minimal immediate maintenance for a turnkey experience.
Prime Melrose Location: Situated in the 'heart of Melrose' within the desirable Beverly Center-Miracle Mile area, providing excellent access to amenities, dining, and entertainment.
Luxurious Outdoor Amenities: Features an 'entertainer's dream' backyard complete with a sparkling pool, relaxing jacuzzi, and a built-in gazebo-covered deck for shaded lounging and hosting.
High Bed/Bath Count: Offers 5 spacious bedrooms and 5.5 bathrooms, providing ample private and communal space ideal for a large family or accommodating guests.
Attached 2-Car Garage: Includes an attached 400 square foot 2-car garage, offering practical convenience, secure parking, and additional storage in an urban setting.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-08-25. The sold price is $2,700,000.00.
Smaller Square Footage Compared to Premium Comps: At 2,725 sqft, the property is notably smaller than some recently sold, higher-priced comparable properties in the immediate area (e.g., 3,546 sqft, 3,127 sqft, 3,421 sqft), potentially affecting its competitive positioning at this price point.
Mixed School Ratings: While some local schools are well-rated, certain elementary schools in the district (e.g., Laurel Elementary with a rating of 3, Vine Street Elementary with a rating of 2) have lower performance ratings, which could be a concern for families prioritizing top-tier public education.
Potential Overpricing Relative to Estimation: The current list price of $2,899,000 is higher than the provided property estimation value of approximately $2,755,792, suggesting it may be priced above its estimated market value, which could impact buyer perception and negotiation.

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