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S Sherbourne DR Los Angeles CA 90035 MLS #25586741

Introducing a rare opportunity to own a well-maintained 5-unit multifamily property in the highly sought-after Beverly Hills Adjacent neighborhood. This prime asset offers significant value-add potential, with current rents averaging roughly 25% below market. The unit mix includes (4) spacious three-bedroom apartments and (1) studio. The three-bedroom owner’s unit will be delivered vacant, presenting an immediate opportunity for income maximization. All three-bedroom layouts boast expansive living spaces, making them ideal for an owner-occupier. Recent capital improvements include a seismic retrofit (2025) and SB-721 balcony compliance (2025), minimizing future capital expenditure risk. Buyer may also recover up to 50% of the EQ retrofit costs through Tenant pass-throughs. Additional highlights include 10 parking spaces, an on-site laundry facility, and individually metered gas and electric utilities, enhancing Tenant convenience and operational efficiency. Located in a highly walkable neighborhood, just minutes from top-tier restaurants, retail, parks, and amenities, this property is a rare find for investors and possible owner-occupiers. With strong long-term appreciation potential and immediate income upside, this is an opportunity not to be missed.

Property Details

Price:
$2,195,000
MLS #:
25586741
Status:
Pending
Beds:
12
Baths:
9
Address:
S Sherbourne DR
Type:
Single Family
Neighborhood:
c19
City:
Los Angeles
Listed Date:
Sep 26, 2025
State:
CA
Finished Sq Ft:
5,750
Total Sq Ft:
5,750
ZIP:
90035
Lot Size:
5,747 sqft / 0.13 acres (approx)
Year Built:
1958

Schools

Interior

Appliances
D W, R F
Heating
F A

Exterior

Parking Spots
10

Financial

Gross Operating Income
$171,564
Net Operating Income
$114,548

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