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Sold for $2,300,000 on 10/21/25
  • $2,300,000

    432 S Sherbourne Dr, Los Angeles, CA 90048

    10beds
    10baths
    6,190sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $2,299,900 Zestimate®
    $372/sqft
    $2,932 Estimated rent

    Owner options

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    $2,932/mo

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    $2,932/mo

    Rent Zestimate®

    Refinance and save

    $14,392/mo

    Est. payment

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    $14,392/mo

    Est. payment

    What's special

    This offering presents a rare opportunity to acquire a stabilized multifamily asset with a 5.80% in-place cap rate in one of Los Angeles' most competitive rental markets. Located in Beverly Grove, just steps from Beverly Hills, the property delivers immediate income security alongside enduring tenant demand driven by its prime location. Residents benefit from proximity to major job centers, world-class dining, shopping, and cultural institutions, while the affordability gap in homeownership continues to fuel long-term rental stability. The existing vacancy also creates a unique owner-user opportunity, allowing a buyer to occupy a unit in this highly desirable submarket while collecting rental income from the remaining apartments.Blending vintage architectural charm with modern improvements, the property offers both character and practicality. A completed seismic retrofit ensures safety and compliance while removing a significant capital expense for new ownership. Tenants are further attracted by desirable amenities including gated entry, covered parking, balconies or patios in select units, and on-site laundry facilities. The owner's unit features central air and a private rear yard, providing rare features in this neighborhood that enhance livability and value.

    Zillow last checked: 8 hours ago

    Listing updated: October 21, 2025 at 09:11am

    Listed by:

    Saadia 'Sam' Liberow DRE # 01933858 718-406-3128,

    Marcus & Millichap 818-212-2700

    Bought with:

    Saadia 'Sam' Liberow, DRE # 01933858

    Marcus & Millichap

    Source: CLAW,MLS#: 25584413MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Refrigerator, Range/Oven, Other Water Heater Type
    • Laundry: Laundry Area
    Interior area
    • Total structure area: 6,190
    • Total interior livable area: 6,190 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Tandem
    • Has carport: Yes
    • Covered spaces: 5
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,503 sqft
    Details
    • Additional structures: None
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: Los Angeles
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    Estimated market value
    $2,299,900