Skip To Content

    1507 S Sherbourne Dr

    Los Angeles, CA 90035
    • $2,490,000
    • STATUS: Active
    • ON SITE: 58 days
    • MLS #: 21-703840
    $2,490,000
    • 10
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,530
      SQFT
    • $450
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    THE LOCATION OF THE PROPERTY IS OUTSTANDING AS IT IS S. OF PICO , BETWEEN ROBERTSON AND LA CIENEGA WHICH IS IN CLOSE PROXIMITY TO BEVERLY HILLS, RANCHO PARK AND BEVERLY GROVE. STRONG UNIT MIX OF ONEBEDROOM, TWO BEDROOM AND THREE BEDROOM UNITS. A SIGNIFICANT VALUE-ADD OPPORTUNITY TO INVESTORS AS CURRENT RENTS ARE BELOW MARKET VALUE. RETROFIT HAS BEEN DONE

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-13T23:42:28.803. 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.
    www.desertarealuxuryhomes.com/homes/115154443
    Print Image

    1507 S Sherbourne Dr Los Angeles, CA 90035

    • Price: $2,490,000
    • Status: Active
    • MLS #: 21-703840
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,530
    SQFT
    $450
    $/SQFT
    1960
    Built
    Neighborhood:
    Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    Beverlywood Vicinity
    Property Description
    THE LOCATION OF THE PROPERTY IS OUTSTANDING AS IT IS S. OF PICO , BETWEEN ROBERTSON AND LA CIENEGA WHICH IS IN CLOSE PROXIMITY TO BEVERLY HILLS, RANCHO PARK AND BEVERLY GROVE. STRONG UNIT MIX OF ONEBEDROOM, TWO BEDROOM AND THREE BEDROOM UNITS. A SIGNIFICANT VALUE-ADD OPPORTUNITY TO INVESTORS AS CURRENT RENTS ARE BELOW MARKET VALUE. RETROFIT HAS BEEN DONE
    Exterior Features

    Carport Spaces Total 3 Cross Streets Pico Lot Size Area 6500 Other Structures None Parking Garage AttachedCarport AttachedCarport Pool Description None Pool YN No Spa None Spa YN No Total Parking 10

    Interior Features

    Baths Total 9.00 Cooling Wall Unit(S) Equipment None Heating Forced Air Laundry Laundry AreaOutsideCommunity Laundry Equipment Own

    Property Features

    Assessed Total Value 1386416 Gross Income 119037 Gross Operating Income 119037 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Net Operating Income 90372.00 Number Of Buildings 5 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays Other Total Annual Expense 17960 Type Of Units 123 BEDROO Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Afa Shafa DRE#00698396 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-13T23:42:28.803. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-703840-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-703840-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-703840-2.jpg
    Logo
    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260