Lisa Candiotta

1942 S Sherbourne Drive

Los Angeles, CA
$ 2,500,000 Beds 0 Baths 1 Sq 6,300
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,500,000
  • City
  • Los Angeles
  • Bedrooms
  • 0
  • Full Bathrooms
  • 1
  • County
  • Los Angeles
  • Half Bathrooms
  • 0
  • Area
  • Beverlywood Vicinity
  • Lot Size
  • 0.1575 Acres
  • Zip
  • 90034
  • Sqr Footage
  • 6,300
  • Year Built
  • 1956
  • Style
  • MLS#
  • SB26002904
Listed By: Dillon Perera with Meldia Investment Realty of America; 818-854-2470
Data Source: California Regional MLS (CRMLS)

Features

General

Sewer PublicSewer
Appliances Dryer,Washer
Zoning LARD2
Pool Features None
Year Built 1956
Tenant Pays Electricity,Gas,ParkingFee
Property Subtype Apartment
Gross Income 169012
Community Features Sidewalks
County Los Angeles
Net Operating Income 111341
Operating Expense 57671
Insurance Expense 3800
New Construction false
Property Type ResidentialIncome
HOA false
MaintenanceExpense 10000
Garage Y/N false
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 false
Number Of Units Total 6
MLS Area C09 - Beverlywood Vicinity
Lot Size Units SquareFeet
Lot Size Square Feet 6861
Listing Terms Cash,CashToExistingLoan,CashToNewLoan,Conventional,Exchange1031
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 125
Trash Expense 5200
Water Sewer Expense 2500
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Appraiser
Tax Lot 183
Property Sub Type Additional Apartment
Taxes 19681
PostalCity LOS ANGELES

Interior Features

Total Stories 2
Common Walls TwoCommonWallsOrMore
Laundry Features CommonArea,Inside,Stacked
Entry Level 1

Exterior Features

Parking Features Assigned,Driveway,Uncovered
Lot Features SixToTenUnitsAcre
Water Source Public
Lot Size Area 6861
Number of Buildings 1
Building Area Total 6300
Lot Size Acres 0.1575
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/29/2026 Listed $2,500,000

Property vs Zip Code Average in 90034

Price
AVG $2M
$2.5M
Year Built
AVG 1960
1956

Areas That We Cover

1942 S Sherbourne Drive Los Angeles, CA is a Single Family Home for sale at $2500000 with 6300 sqft and a lot size of 0.1575 Acres Acre(s). 1942 S Sherbourne Drive Los Angeles has 0 bedrooms, 1 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 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lisa Candiotta

Lisa Candiotta

951-319-2636

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