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!
Off market
Street View
$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
What's special
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
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,850,800