Property listed by Realty Investment Advisors, Inc., Benjamin J. Hsiang
$7,750,000
We are pleased to present for sale 847 Sherbourne Ave, a 13-unit apartment complex offering luxury living in Los Angeles. This turnkey property has been fully transformed through a complete interior and exterior renovation in 2024, featuring premium finishes, modern amenities, and a beautifully designed courtyard. Located Beverly Hills… Read More Adjacent, a mere half a block to Beverly Hills, this property combines elegance and functionality. Each of the 13 units offers high ceilings, stainless steel appliances, in-unit washer/dryers, stylish flooring, and modern AC systems. Secure entry and gated parking provide added convenience and peace of mind. The property is in the lease up stage and 12 of the 13 units are currently vacant. 847 Sherbourne Ave boasts a prime location with easy access to the trendy shops and restaurants of Robertson Boulevard and La Cienega, as well as Beverly Hills' iconic luxury destinations. Residents also enjoy seamless connectivity to cultural landmarks such as The Grove, LACMA, and Cedars-Sinai Medical Center.This fully renovated property offers a rare opportunity for investors. Whether you're seeking a stabilized, cash-flowing asset or a premium addition to your portfolio, 847 Sherbourne Ave delivers exceptional quality and unbeatable proximity to Beverly Hills. Don't miss the chance to own this reimagined gem in one of Southern California's most sought-after neighborhoods. Read Less
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Beds
18
Square Ft.
11,662
Lot Size
0.28 Acres
Year Built
1957
MLS Number
25483493
30 Days Snapshot Of 90035
$1,159k
-34%
(avg) sold price
4
-33%
homes sold
149
+223%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 1957, Building area total: 11,662, Levels: Two, Living area: 11662, 2 stories, 1 building
Heating
Central
Income
Gross income: $569,940, Net operating income: $395,357
Lot
0.2756 acres, 12,003 square feet, Size: 12,003
Parking
24 totals parking, AttachedCarport
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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