See Home Value
$2,116,643*
Multifamily - Off Market

1021 S Sherbourne Drive

Los Angeles, CA 90035
bedrooms
8 Beds
bathrooms
8 Baths
square feet
5380 Sqft
$1,868,000 - $2,282,000
Reference Base Price*
2.01%
Since Jun 1, 2023
CA-Los Angeles
Primary Model

About This Property

Priced to sell!! 1021 S. Sherbourne Drive is a terrific investment opportunity featuring HUGE rental upside potential of 53%+/-for a new owner! The property is a bread and butter 4-unit building, surrounded by stellar neighborhoods like Pico-Robertson, Beverly Hills, and Mid-Wilshire! The unit mix consists of all massive Two Bed/Two Baths averaging approximately 1350 square feet! (Buyer to verify). Two of the units also have an additional den/office room, as well as a built-in bar area for entertaining! All of the units have at least one balcony or patio for tenants to enjoy the sun! The grounds feature plenty of onsite parking and there is a laundry room available for tenant convenience. Units are all individually metered and soft story retrofit work has been completed.

The manager has listed the unit size as 5380 square feet.
Unit Size
5,380Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$386
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
May 25, 2023 No longer available -
No longer available
May 4, 2023 Price Decreased $2,075,000
↓ $75K (3.5%)
Price Decreased
Apr 18, 2023 Relisted $2,150,000
Relisted
Apr 12, 2023 In contract -
In contract
Mar 10, 2023 Price Decreased $2,150,000
↓ $300K (12.2%)
Price Decreased
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
-
-
$2,195,000 Feb 10, 2023
-
-
Multifamily
6 Beds
-
-
$2,275,000 Feb 2, 2023
-
-
Multifamily
4 Beds
-
-
$2,295,000 Jan 23, 2023
-
-
Multifamily
4 Beds
-
-
$1,875,000 Aug 16, 2022
-
-
House
3 Beds
3.5 Baths
2,588 ft²
$964/ft²
$2,495,000 Jan 18, 2023
-
-
Condo
4 Beds
3.5 Baths
2,083 ft²
$1,143/ft²
$2,380,000 Mar 9, 2023
-
$750/mo
House
3 Beds
2 Baths
1,660 ft²
$1,205/ft²
$2,000,000 Mar 27, 2023
-
-
Condo
3 Beds
2.5 Baths
1,720 ft²
$1,104/ft²
$1,899,000 Feb 21, 2023
-
$1,912/mo
House
3 Beds
2 Baths
1,508 ft²
$1,226/ft²
$1,849,000 Feb 3, 2023
-
-
House
2 Beds
1 Bath
1,220 ft²
$1,455/ft²
$1,775,000 Jan 20, 2023
-
-
Commercial
Loft
-
-
$1,990,000 Nov 18, 2020
-
-
Land
Loft
-
-
$1,730,000 Nov 11, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1021 South Sherbourne Drive 1021 South Sherbourne Drive, Los Angeles, CA 90035
  • 1 Unit for Sale
More about this Building
1021 South Sherbourne Drive
Want to find out who owns 1021 South Sherbourne Drive, Los Angeles, CA 90035? Get detailed property transactions here .

About West Los Angeles


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