Los Angeles, CA 90035,919 S Sherbourne DR

$2,240,000

$2,195,000

2.1%
Est.Price: ?

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Est. payment /mo

12 Beds

9 Baths

5,750 SqFt


SOLD DATE : 11/04/2025

Key Details

Sold Price $2,240,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,750 sqft

Price per Sqft $389

MLS Listing ID 25586741

Sold Date 11/04/25

Bedrooms 12

HOA Y/N No

Year Built 1958

Lot Size 5,745 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Forced Air

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Assigned, Covered, Carport, Garage, Tandem, Uncovered

Total Parking Spaces 10

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4333021028

Special Listing Condition Standard

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CRMLS – RECore
Listed by Trevor Bergher Westside Estate Agency Inc.
Bought with Shawn Mehrannia Home Team Realty

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"REAL" Barkley-Romero
"REAL" Barkley-Romero

Founder of REALgratitude™ | DRE# SA695240000 | DRE# 02100184

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