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Rare opportunity to own a well-maintained 5-unit property

Sold

Rare opportunity to own a well-maintained 5-unit property

919 S Sherbourne Dr, Los Angeles, CA 90035

$2,240,000

Property Description

Introducing a rare opportunity to own a well-maintained 5-unit multifamily property in the highly sought-after Beverly Hills Adjacent neighborhood. This prime asset offers significant value-add potential, with current rents averaging roughly 25% below market. The unit mix includes (4) spacious three-bedroom apartments and (1) studio. The three-bedroom owner's unit will be delivered vacant, presenting an immediate opportunity for income maximization. All three-bedroom layouts boast expansive living spaces, making them ideal for an owner-occupier. Recent capital improvements include a seismic retrofit (2025) and SB-721 balcony compliance (2025), minimizing future capital expenditure risk. Buyer may also recover up to 50% of the EQ retrofit costs through Tenant pass-throughs. Additional highlights include 10 parking spaces, an on-site laundry facility, and individually metered gas and electric utilities, enhancing Tenant convenience and operational efficiency. Located in a highly walkable neighborhood, just minutes from top-tier restaurants, retail, parks, and amenities, this property is a rare find for investors and possible owner-occupiers. With strong long-term appreciation potential and immediate income upside, this is an opportunity not to be missed.

Overview

Property Status
Sold
Lot Size
5,747 Sq.Ft.
MLS ID
25586741
Property Type
Multi-Family
Year Built
1958

Features & Amenities

Stories
2
Parking
Assigned, Carport, Covered Parking, Tandem, Uncovered
Heat Type
Forced Air
Air Conditioning
Window Unit(s)
Appliances
Dishwasher, Range/Oven, Refrigerator
Sales Price
$2,240,000
Zoning
LAR3

Downloads

Rare opportunity to own a well-maintained 5-unit property

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 919 S Sherbourne Dr, Los Angeles, CA 90035

Property Description

Introducing a rare opportunity to own a well-maintained 5-unit multifamily property in the highly sought-after Beverly Hills Adjacent neighborhood. This prime asset offers significant value-add potential, with current rents averaging roughly 25% below market. The unit mix includes (4) spacious three-bedroom apartments and (1) studio. The three-bedroom owner's unit will be delivered vacant, presenting an immediate opportunity for income maximization. All three-bedroom layouts boast expansive living spaces, making them ideal for an owner-occupier. Recent capital improvements include a seismic retrofit (2025) and SB-721 balcony compliance (2025), minimizing future capital expenditure risk. Buyer may also recover up to 50% of the EQ retrofit costs through Tenant pass-throughs. Additional highlights include 10 parking spaces, an on-site laundry facility, and individually metered gas and electric utilities, enhancing Tenant convenience and operational efficiency. Located in a highly walkable neighborhood, just minutes from top-tier restaurants, retail, parks, and amenities, this property is a rare find for investors and possible owner-occupiers. With strong long-term appreciation potential and immediate income upside, this is an opportunity not to be missed.

Overview

Property Status
Sold
Lot Size
5,747 Sq.Ft.
MLS ID
25586741
Property Type
Multi-Family
Year Built
1958

Features & Amenities

Stories
2
Parking
Assigned, Carport, Covered Parking, Tandem, Uncovered
Heat Type
Forced Air
Air Conditioning
Window Unit(s)
Appliances
Dishwasher, Range/Oven, Refrigerator
Sales Price
$2,240,000
Zoning
LAR3

Downloads

Rare opportunity to own a well-maintained 5-unit property

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you

for your interest in 919 S Sherbourne Dr, Los Angeles, CA 90035

Property Description

Introducing a rare opportunity to own a well-maintained 5-unit multifamily property in the highly sought-after Beverly Hills Adjacent neighborhood. This prime asset offers significant value-add potential, with current rents averaging roughly 25% below market. The unit mix includes (4) spacious three-bedroom apartments and (1) studio. The three-bedroom owner's unit will be delivered vacant, presenting an immediate opportunity for income maximization. All three-bedroom layouts boast expansive living spaces, making them ideal for an owner-occupier. Recent capital improvements include a seismic retrofit (2025) and SB-721 balcony compliance (2025), minimizing future capital expenditure risk. Buyer may also recover up to 50% of the EQ retrofit costs through Tenant pass-throughs. Additional highlights include 10 parking spaces, an on-site laundry facility, and individually metered gas and electric utilities, enhancing Tenant convenience and operational efficiency. Located in a highly walkable neighborhood, just minutes from top-tier restaurants, retail, parks, and amenities, this property is a rare find for investors and possible owner-occupiers. With strong long-term appreciation potential and immediate income upside, this is an opportunity not to be missed.

Overview

Property Status
Sold
Lot Size
5,747 Sq.Ft.
MLS ID
25586741
Property Type
Multi-Family
Year Built
1958

Features & Amenities

Stories
2
Parking
Assigned, Carport, Covered Parking, Tandem, Uncovered
Heat Type
Forced Air
Air Conditioning
Window Unit(s)
Appliances
Dishwasher, Range/Oven, Refrigerator
Sales Price
$2,240,000
Zoning
LAR3

Downloads

Rare opportunity to own a well-maintained 5-unit property

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 919 S Sherbourne Dr, Los Angeles, CA 90035

Rare opportunity to own a well-maintained 5-unit property
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