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
Baths:
0
Address:
1942 S Sherbourne Drive
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c09beverlywoodvicinity
City:
Los Angeles
Listed Date:
Jun 24, 2025
State:
CA
ZIP:
90034
Lot Size:
6,861 sqft / 0.16 acres (approx)
Year Built:
1956
Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre
Parking Features
Assigned, Driveway – Combination, Uncovered
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas, Parking Fee
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. 1942 S Sherbourne Drive
Los Angeles, CA
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