In the heart of the Pico/Robertson Neighborhood! An exceptional opportunity to acquire a vacant duplex on a prime 6,168 sq. ft. corner lot in a highly desirable neighborhood. This major fixer-upper presents outstanding potential for investors, developers, or owner-users seeking to renovate, reposition, or develop a property with significant long-term upside and income-producing possibilities. The property is located within a Transit Oriented Communities (TOC) Tier 3 zone and benefits from LAR3 zoning, creating substantial future development potential. Buyer may explore alternative development options, including adding multiple Accessory Dwelling Units (ADUs) or pursuing multi-family redevelopment with the potential for up to 14 units (buyer must independently verify with the City of Los Angeles). The property will be delivered fully vacant, allowing immediate renovation or redevelopment.
For sale
$1,895,000
1068 S Sherbourne Dr, Los Angeles, CA 90035
6beds
6baths
3,200sqft
Multi Family
Built in 1929
-- sqft lot
$1,839,800 Zestimate®
$592/sqft
$-- HOA
What's special
- 86 days |
- 172 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Shaw Mangoli DRE # 01933536 310-880-8989,
Douglas Elliman 310-595-3888
Source: CLAW,MLS#: 26661059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Parking features: None
Features
- Levels: Two
- Has view: Yes
- View description: None
Lot
- Size: 6,168 Square Feet
Details
- Additional structures: None
- Parcel number: 4332024022
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish Colonial
- Property subtype: Multi Family
Condition
- Year built: 1929
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $592/sqft
- Tax assessed value: $1,810,500
- Annual tax amount: $21,964
- Date on market: 5/21/2026
- Total actual rent: 0
Estimated market value
$1,839,800
$1.75M - $1.93M
$4,855/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $1,895,000+6.8%$592/sqft |
Source:  CLAW #26661059 Report a problem | ||
| 2/22/2024 | Sold | $1,775,000-6.1%$555/sqft |
Source: Public Record Report a problem | ||
| 9/11/2023 | Listing removed | -- |
Source: CLAW #23-230625 Report a problem | ||
| 5/30/2023 | Listed for sale | $1,890,000$591/sqft |
Source: CLAW #23-230625 Report a problem | ||
| 5/23/2023 | Contingent | $1,890,000$591/sqft |
Source: CLAW #23-230493 Report a problem | ||
| 2/20/2023 | Price change | $1,890,000-5%$591/sqft |
Source: CLAW #23-230625 Report a problem | ||
| 1/8/2023 | Listed for sale | $1,990,000+7860%$622/sqft |
Source: CLAW #23-230493 Report a problem | ||
| 1/21/1994 | Sold | $25,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,964 +1.4% | $1,810,500 +2.3% |
| 2024 | $21,664 +2% | $1,769,130 +2% |
| 2023 | $21,246 +4.9% | $1,734,442 +2% |
| 2022 | $20,260 +1.3% | $1,700,434 +2% |
| 2021 | $20,005 +121.4% | $1,667,093 +129.7% |
| 2020 | $9,034 | $725,634 +2% |
| 2019 | $9,034 +5.1% | $711,407 +2% |
| 2018 | $8,598 | $697,459 +2% |
| 2017 | $8,598 +2.2% | $683,785 +2% |
| 2016 | $8,414 +2.6% | $670,378 +1.5% |
| 2015 | $8,198 +1% | $660,309 +2% |
| 2014 | $8,114 | $647,375 +2.5% |
| 2012 | -- | $631,815 +2% |
| 2011 | -- | $619,427 +0.8% |
| 2010 | -- | $614,799 -0.2% |
| 2009 | -- | $616,260 +2% |
| 2008 | -- | $604,177 +2% |
| 2007 | -- | $592,332 +2% |
| 2006 | -- | $580,718 |
| 2005 | -- | $580,718 +4% |
| 2004 | -- | $558,171 +1.9% |
| 2003 | -- | $547,942 +2% |
| 2002 | -- | $537,199 +4% |
| 2000 | -- | $516,340 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Pico-Robertson
Nearby schools
GreatSchools rating
- 7/10Carthay Center ElementaryGrades: K-5Distance: 0.6 mi
- 7/10Emerson Community Charter SchoolGrades: 6-8Distance: 3.3 mi
- 5/10Fairfax Senior High SchoolGrades: 9-12Distance: 2 mi
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