919 S Sherbourne Drive, Los Angeles, CA 90035
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
919 S Sherbourne Drive,Los Angeles, CA 90035
$2,195,000
- 12 Beds
- 9 Baths
- 5,750 sq. ft.
- Multi-family
- Active
Listed by:trevor bergher
Office:westside estate agency inc.
MLS#:25586741
Source:CRMLS
Price summary
- Price:$2,195,000
- Price per sq. ft.:$381.74
About this home
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.
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Home facts
- Year built:1958
- Listing ID #:25586741
- Added:13 day(s) ago
- Updated:September 16, 2025 at 01:37 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:9
- Living area:5,750 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1958
- Building area:5,750 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$2,195,000
- Price per sq. ft.:$381.74
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