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Listed by Dillon Perera • Meldia Investment Realty of America
$ 2,500,000
Est. payment /mo
Active
1942 South Sherbourne Drive Los Angeles, CA 90034
6,300 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $396
MLS Listing ID SB-25142112
Year Built 1956
Lot Size 6,861 Sqft
Property Sub-Type Apartment
Property Description
Prime Mid-City Value-Add Opportunity! Nestled in one of LA's most desirable rental corridors, this well-maintained 6-unit apartment building at 1942 S Sherbourne Drive offers a rare chance to secure stable income with upside. The gated property features upgraded, spacious units--each with in-unit laundry--and assigned on-site parking. Tenants enjoy easy access to the 10 Freeway, Culver City, Downtown, and the La Cienega/Jefferson Metro station. With strong current income, separately metered gas/electric, and low operating expenses, this property is ideal for investors seeking long-term appreciation, solid cash flow, and potential rent growth in a high-demand submarket.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LARD2
Interior
Laundry Community, Dryer Included, Inside, Stackable, Washer Included
Exterior
Parking Features Driveway - Combination, Uncovered, Assigned
Pool None
Community Features Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944