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320 S Sherbourne Dr
Los Angeles, CA 90048

Sherbourne Drive Apartments · Multifamily Property For Sale · 8 Units

Investment Highlights

  • First Time on Market in 50+ Years
  • Prime Beverly Grove Location - Walk to Cedars Sinai, Beverly Center, Beverly Connection, Shops on Robertson and 3rd Streets
  • Significant Income Upside Potential - Rare Opportunity to Purchase Well-Maintained Units in Burton Way Triangle
  • 93 Walkscore - Excellent Location in High Demand - 90048 Zip Code one of the Top Wealthiest in Southern California
  • Seismic Retrofit Completed - All Tenants Due for 4% Annual Increase & Several Units Can Be Billed Back for Retrofit (5 of 8)
  • New Electric Parking Gates with Remotes, Newer Roof, Updated Plumbing and Electrical

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 5,396 SF
Average Occupancy 100%
No. Stories 2
Year Built 1958
Parking Ratio 1.46/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $1,990 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4334-009-024
Land Assessment
$1,040,400
Improvements Assessment
$2,028,780
Total Assessment
$3,069,180

zoning

Zoning Code LAR3
LAR3
  • Listing ID: 24057201

  • Date on Market: 9/8/2021

  • Last Updated:

  • Address: 320 S Sherbourne Dr, Los Angeles, CA 90048

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