$2,390,000
1114 S Sherbourne Drive is a well-located 7-unit multifamily property in one of Los Angeles’ most consistently high-demand rental neighborhoods. Situated just south of Olympic Blvd in the desirable Pico-Robertson / Beverly Grove adjacent corridor, this offering provides investors with stable in-place income and strong long-term upside in a premier central LA location. Recent renovations include interiors of 4 of the 7 units and a new roof has been recently installed. The property features a desirable unit mix with spacious floor plans that appeal to a broad tenant base seeking proximity to Beverly Hills, Century City, Culver City, and West Hollywood. Residents enjoy walkable access to local dining, markets, houses of worship, and daily conveniences, along with easy connectivity via Olympic, Pico, and Robertson corridors. This classic Los Angeles apartment building offers solid rental fundamentals, making it an ideal fit for investors seeking a low-vacancy, high-demand submarket with long-term appreciation potential. With continued rental growth in the area and limited new multifamily supply nearby, Sherbourne Drive remains a highly sought-after address for renters.
Click to interact with map
Listed by Austin Zahn with Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
Property Type
Apartment
Status
Active
MLS Number
SB26027831
Year Built
1955
Lot Size
6,399 sq ft