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Listed by Dillon Perera • Meldia Investment Realty of America
$2,500,000
Est. payment /mo
6,861 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25142112
Year Built 1956
Lot Size 6,861 Sqft
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Interior
Laundry Other, Washer, Stacked Only, Community Facility, Dryer
Exterior
Parking Features Assigned Spaces, Other, Uncovered Parking
Pool None
Building
Water District - Public
Others
Tax ID 4302025015
Special Listing Condition Not Applicable
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