1942 S Sherbourne Drive Los Angeles, CA ^$ 2,500,000

1942 S Sherbourne Drive

^$ 2,500,000

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1942 S Sherbourne Drive

Los Angeles, CA, 90034

^$ 2,500,000

Studio Baths1.0 Sq 6,300

Monthly Estimate*

^$ 15,597

Listed by Meldia Investment Realty of America

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,500,000 with 1 full bath. This 6,300 square foot home was built in 1956 on a lot size of 0.1575.

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.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1575

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB25142112

Days on Market

180

Features

General

Sewer Public Sewer

Appliances Dryer Washer

Zoning LARD2

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1956

Tenant Pays Electricity Gas Parking Fee

Property Subtype Apartment

Gross Income 169012

Community Features Sidewalks

County Los Angeles

Net Operating Income 111341

Operating Expense 57671

Insurance Expense 3800

New Construction 0

Property Type Residential Income

HOA 0

MaintenanceExpense 10000

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions East of Robertson Blvd North of Cadillac Ave South of Sawyer

City Los Angeles

Entry Location Front and Back Gate

Senior Community Y/N 0

Number Of Units Total 6

MLS Area C09 - Beverlywood Vicinity

Lot Size Units Square Feet

Lot Size Square Feet 6861

Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange

Property Attached Y/N 1

Land Lease Y/N 0

Fuel Expense 125

Trash Expense 5200

Water Sewer Expense 2500

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Appraiser

Tax Lot 183

Property Sub Type Additional Apartment

Taxes 19681

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area Inside Stacked

Entry Level 1

Exterior

Parking Features Assigned Driveway Uncovered

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 0

Lot Size Area 6861

Number of Buildings 1

Building Area Total 6300

Lot Size Acres 0.1575

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Meldia Investment Realty Of America

Broker

dillon.perera@meldia.co.jp

Affordability Calculator

$15,597

Per Month

Monthly Principal & Interest: $15,597
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,904,395

Percent of Sale Price 24%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$2,500,000		Listed Price

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1942 S Sherbourne Drive, Los Angeles, CA, 90034 is a Multi-Family Home for sale at $2,500,000 with 6,300 sqft and a lot size of 0.1575. 1942 S Sherbourne Drive is a studio with 1.0 baths and was built in 1956. The property's zip code is 90034 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1942 S Sherbourne Drive

Multi-Family Home for sale in Los Angeles, CA

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