Skip To Content

    1507 S Sherbourne Drive

    Los Angeles (City), CA 90035
    • $2,490,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 21703840
    UPDATED: 41 min ago
    $2,490,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,530
      SQFT
    • $450
      $/SQFT
    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 California Regional Multiple Listing Service, Inc. as of 2021-05-16T08:31:18.873. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/115157149
    Print Image

    1507 S Sherbourne Drive Los Angeles (City), CA 90035

    • Price: $2,490,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: 21703840
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,530
    SQFT
    $450
    $/SQFT
    1960
    Built
    Neighborhood:
    C09 - Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    C09 - 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 3 Carport YN Yes Parking Features Attached CarportCarport Parking Total 3 Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Heating Forced Air Heating YN Yes

    Property Features

    Gross Income 119037 Laundry Features Common AreaOutside Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 90372 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Tenant Pays Other Total Actual Rent 114420 Vacancy Allowance Rate 0 Zoning Lar3

    Listing provided courtesy of Afa Shafa of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T08:31:18.873. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_365283632-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_365283632-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_365283632-1.jpg
    Logo
    The Bhagat Group
    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505