BuySellBlogBrowse Listings

1942 S Sherbourne DriveLos Angeles, CA 90034

For Sale

$2,500,000

Smart Buyer Rebate $25,000

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.

Listed by Dillon Perera

·

License #01797577

·

Meldia Investment Realty of America

·

310-848-3746

Last updated June 26, 2025

·

Source: CRMLS #SB25142112

Listing Facts

  • TypeMulti-family
  • NeighborhoodLa Cienega Heights
  • Days on Prevu148

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$2,500,000
10/21/2025
Status changed to Removed from Feed
$2,500,000
10/20/2025
Status changed to Active
$2,500,000
10/19/2025
Status changed to Removed from Feed
$2,500,000
10/18/2025
Status changed to Active
$2,500,000
10/16/2025
Status changed to Removed from Feed
$2,500,000
10/04/2025
Status changed to Active
$2,500,000
10/03/2025
Status changed to Removed from Feed
$2,500,000
10/02/2025
Status changed to Active
$2,500,000
10/01/2025
Status changed to Removed from Feed
$2,500,000
09/26/2025
Status changed to Active
$2,500,000
09/25/2025
Status changed to Removed from Feed
$2,500,000
09/20/2025
Status changed to Active
$2,500,000
09/19/2025
Status changed to Removed from Feed
$2,500,000
09/18/2025
Status changed to Active
$2,500,000
09/17/2025
Status changed to Removed from Feed
$2,500,000
09/16/2025
Status changed to Active
$2,500,000
09/14/2025
Status changed to Removed from Feed
$2,500,000
09/14/2025
Status changed to Active
$2,500,000
09/12/2025
Status changed to Removed from Feed
$2,500,000
09/12/2025
Status changed to Active
$2,500,000
09/05/2025
Status changed to Removed from Feed
$2,500,000
09/05/2025
Status changed to Active
$2,500,000
09/04/2025
Status changed to Removed from Feed
$2,500,000
09/01/2025
Status changed to Active
$2,500,000
08/29/2025
Status changed to Removed from Feed
$2,500,000
06/24/2025
Listed by Meldia Investment Realty of America
$2,500,000

Property Details for 1942 S Sherbourne Drive

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1956
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front and Back Gate

Measurements

  • Building Area Total: 6,300
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,861
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,861
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $169,012.00
  • Operating Expense: $57,671.00

Taxes

  • Parcel Number: 4302025015

Interior

Features

  • Appliances: Dryer, Washer

Other

Location

  • Tax Lot: 183

Parking

Parking

  • Parking Features: Assigned, Driveway, Uncovered

Utilities

Equipment

  • Laundry Features: Common Area, Inside, Stacked
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.