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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.
Features
: No
2
1
: Inside, Dryer Included, Washer Included, Stackable, Community
0
: Sidewalks
Additional Information
Meldia Investment Realty of America
0
SBPEREDIL
SB1351280
Dillon
4302025015
: Standard
35
Multi-Family For Sale
1942 Sherbourne Drive, Los Angeles, California 90034
6,300 Sqft
$2,500,000
Listing ID #SB25142112
Basic Details
Status : Active
DaysOnMarket : 2
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SB25142112
Price : $2,500,000
Living Area : 6,300 Sqft
Lot Size : 6,861 Sqft
Year Built : 1956
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90034
Price Per Square Foot : $397
ModificationTimestamp : 2025-06-26 17:44:47