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.
Property Details
Price:
$2,500,000
MLS #:
SB25142112
Status:
Active
Beds:
0
Baths:
0
Address:
S Sherbourne DR Lot 183
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c09
City:
Los Angeles
Listed Date:
Jun 27, 2025
State:
CA
Total Sq Ft:
6,300
ZIP:
90034
Lot Size:
6,861 sqft / 0.16 acres (approx)
Year Built:
1956
Schools
Interior
Laundry Features
C M, I N, S T K, D I N C, W I N C
Exterior
Community Features
S D W
Financial
Maintenance Fee
$10,000
Map
Contact Us
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Courtesy of Meldia Investment Realty of America. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. S Sherbourne DR Lot 183
Los Angeles, CA
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