Listed By:
Dillon Perera with Meldia Investment Realty of America; 818-854-2470
Address
1942 S Sherbourne Drive, Los Angeles, CA
Price
$ 2,500,000
Property Attributes
  • MLS#SB26002904
  • TypeSingle Family
  • Listing Status Active
  • CountyLos Angeles
  • CityLos Angeles
  • Area Beverlywood Vicinity
  • Zip90034
  • Style
  • Year Built1956
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6300
  • Lot Size0.1575 Acres
Data Source:
California Regional MLS (CRMLS)
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.

Price History
1/29/2026 Listed $2,500,000

General Features

Sewer PublicSewer
Appliances Dryer,Washer
Zoning LARD2
Pool Features None
Year Built 1956
Tenant Pays Electricity,Gas,ParkingFee
Property Subtype Apartment
Gross Income 169012
Community Features Sidewalks
County Los Angeles
Net Operating Income 111341
Operating Expense 57671
Insurance Expense 3800
New Construction false
Property Type ResidentialIncome
HOA false
MaintenanceExpense 10000
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions East of Robertson Blvd, North of Cadillac Ave, South of Sawyer
City Los Angeles
Entry Location Front and Back Gate
Senior Community Y/N false
Number Of Units Total 6
MLS Area C09 - Beverlywood Vicinity
Lot Size Units SquareFeet
Lot Size Square Feet 6861
Listing Terms Cash,CashToExistingLoan,CashToNewLoan,Conventional,Exchange1031
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 125
Trash Expense 5200
Water Sewer Expense 2500
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Appraiser
Tax Lot 183
Property Sub Type Additional Apartment
Taxes 19681
PostalCity LOS ANGELES

Interior Features

Total Stories 2
Common Walls TwoCommonWallsOrMore
Laundry Features CommonArea,Inside,Stacked
Entry Level 1

Exterior Features

Parking Features Assigned,Driveway,Uncovered
Lot Features SixToTenUnitsAcre
Water Source Public
Lot Size Area 6861
Number of Buildings 1
Building Area Total 6300
Lot Size Acres 0.1575
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 90034

Price
AVG $1.92M
$2.5M
Year Built
AVG 1957
1956

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