6
See all 6 photos
$2,500,000
Est. payment /mo
2 Beds
1 Bath
6,861 Sqft Lot
New
1942 S Sherbourne Drive Los Angeles, CA 90034
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25142112
Bedrooms 2
HOA Y/N No
Lot Size 6,861 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Mid-City Value-Add Opportunity! Nestled in one of LAs 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 unitseach with in-unit laundryand 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.
Prime Mid-City Value-Add Opportunity! Nestled in one of LAs 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 unitseach with in-unit laundryand 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.
Prime Mid-City Value-Add Opportunity! Nestled in one of LAs 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 unitseach with in-unit laundryand 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 Los Angeles (90034)
Zoning Appraiser
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $97
Acceptable Financing Cash, Conventional, Exchange
Space Rent $169,012
Listing Terms Cash, Conventional, Exchange
Listed by Dillon Perera • Meldia Investment Realty of America