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1942 S Sherbourne Dr , Los Angeles, CA 90034
$2,500,000
Est. Payment: $12,579.60/mo
2 Bed
1 Bath
6300 Sqft
Status: active | Days on site: 214
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House 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.
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Highlights

Listed by Dillon Perera , 818-854-2470 Meldia Investment Realty of America , 562-901-0741. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.16

Year Built

1956

County

Los Angeles

Area

C09 - Beverlywood Vicinity

Listing ID

SB26002904

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:
Appliances:Dryer, Washer
Other:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:0
Zoning:LARD2
Others:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Driveway,Uncovered
Principal Interest
$12,580
Taxes
$1,594

Home Price

$2,500,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,579.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,579.60 $1,593.75 $0.00 $14,173.35
Yearly $150,955.26 $19,125.00 $0.00 $170,080.26
Total $4,528,657.72 $573,750.00 $0.00 $5,102,407.72

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T10:35:52.000Z

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