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    815 S Sherbourne Dr

    Los Angeles, CA 90035
    • $3,500,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 20-591742
    UPDATED: 39 min ago
    $3,500,000
    • 12
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,880
      SQFT
    • $595
      $/SQFT
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Beautiful 6 unit building with great unit mix half block from Beverly Hills in prime, high-demand rental market! Two (2) 3- bedroom units, two (2) 2-bedroom units and two (2) 1-bedroom units with 8 parking spaces. 3 units are highly renovated with updated kitchen, bath, hardwood floors and new appliances. Value-add potential with several units that are paying below market rents in this well maintained building. Amazing location with high Walk Score and close to many amenities!! This lot is in the TOC Tier 3 category on an R3 lot. Amazing opportunity in one of the greatest rental market in Los Angeles with development opportunity!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-13T23:44:01.387. 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.randyplaice.com/homes/106921032
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    815 S Sherbourne Dr Los Angeles, CA 90035

    • Price: $3,500,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 20-591742
    12
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,880
    SQFT
    $595
    $/SQFT
    1958
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    Beautiful 6 unit building with great unit mix half block from Beverly Hills in prime, high-demand rental market! Two (2) 3- bedroom units, two (2) 2-bedroom units and two (2) 1-bedroom units with 8 parking spaces. 3 units are highly renovated with updated kitchen, bath, hardwood floors and new appliances. Value-add potential with several units that are paying below market rents in this well maintained building. Amazing location with high Walk Score and close to many amenities!! This lot is in the TOC Tier 3 category on an R3 lot. Amazing opportunity in one of the greatest rental market in Los Angeles with development opportunity!
    Exterior Features

    Covered Parking 8 Lot Size Area 6002 Other Structures None Parking Garage AssignedCovered Parking Total Parking 8

    Interior Features

    Baths Total 9.00 Cooling Other Equipment Other Heating Other

    Property Features

    Gross Income 190398 Gross Operating Income 184686 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 116182.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 43750 Type Of Units Apartment Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Susan Lau DRE#01516710 of Coldwell Banker Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-13T23:44:01.387. 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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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355