Property listed by Meldia Investment Realty of America, Dillon Perera 310-848-3746
$2,500,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1956
MLS Number
SB25142112
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1956, 1 building, 2 stories, Entry level: 1, Entry location: Front and Back Gate
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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