1942 S Sherbourne Drive, Los Angeles, CA 90034
- $2,500,000
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- SB26002904
- Year Built
- 1956
- Lot Size
- 6,861
- Acres
- 0.16
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 570
- Property Type
- Multifamily
- 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.
Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $169,012
- Operating Expense
- 57671
Listing courtesy of Listing Agent: Dillon Perera (dillon.perera@meldia.co.jp) from Listing Office: Meldia Investment Realty of America.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.