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Off market
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  • $2,850,800

    320 S Sherbourne Dr, Los Angeles, CA 90048

    8beds
    5,396sqft
    MultiFamily
    Built in 1958
    -- sqft lot
    $2,850,800 Zestimate®
    $528/sqft
    $4,051 Estimated rent

    Owner options

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    $4,051/mo

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    $4,051/mo

    Rent Zestimate®

    Refinance and save

    $17,769/mo

    Est. payment

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    $17,769/mo

    Est. payment

    What's special

    We are very pleased to exclusively offer for sale for the first time in more than 50 years, eight well-maintained units in the absolute best part of Beverly Grove. Boasting a 93 Walkscore, 320 S. Sherbourne Drive presents the extremely rare opportunity to purchase units in the highly desirable Burton Way Triangle, perfectly positioned between Robertson and La Cienega, 3rd Street and Burton Way. 320 S. Sherbourne boasts 8 large one-bedroom units, steps to Cedars Sinai, The Beverly Center and Beverly Connection, as well around the corner from all the shops on restaurants on both 3rd and Robertson, including The Ivy, Kitson, James Perse, Chanel, The Henry and so much more. The soft story retrofit has been fully completed. Market rents for remodeled units in this area are $3,000+ depending on finishes and furnishings, making 320 S. Sherbourne Drive an excellent value add opportunity for a saavy investor who understands truly how valuable this location is. Current annual income totals over $165,000, Proforma Gross of over $270,000+ per year. Multi-family offerings in this location rarely come available, so this one won't last!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced air
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
    • Laundry: Community
    Interior area
    • Total interior livable area: 5,396 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Levels: Two
    Lot
    • Size: 5,205 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1958

    Community & neighborhood

    Location
    • Region: Los Angeles

    Other

    Other facts
    • County: Los Angeles
    • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
    • PropertyType: Residential Income
    • SourceLotSizeArea: Assessor
    • SourceLivingArea: Assessor
    • Cooling: Wall Unit(s)
    • ListingArea: Beverly Center-Miracle Mile
    • Heating: Central
    • ParkingGarage: Door Opener, Carport, Controlled Entrance
    • Laundry: Community
    • Levels: Two
    • Country: US
    • ListingStatus: Pending
    • DirectionFaces: West
    • UnitTypeType: 2106
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    Estimated market value
    $2,850,800