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Listed by Meldia Investment Realty of America
$ 2,500,000
Est. payment | /mo
6,300 SqFt
$ 2,500,000
Est. payment | /mo
6,300 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $396
MLS Listing ID CRSB25142112
HOA Y/N No
Year Built 1956
Lot Size 6,861 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Appliance Dryer
Laundry Common Area, Dryer, Washer, Other, Inside
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Kristin Lanham
REALTOR® | Lic# 01401244