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.
For sale
Listed by: Meldia Investment Realty of America • Dillon Perera • Contact: 818-854-2470
$2,500,000
1942 S Sherbourne Dr, Los Angeles, CA 90034
12beds
6baths
6,300sqft
:
Get pre-qualified$15,484/mo
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$397/sqft
$-- HOA
What's special
- 409 days |
- 39 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Dillon Perera DRE #01797577 818-854-2470,
Meldia Investment Realty of America
Source: CRMLS,MLS#: SB26002904
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Appliances
- Included: Dryer, Washer
- Laundry: Common Area, Inside, Stacked
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,300
- Total interior livable area: 6,300 sqft
Property
Parking
- Parking features: Assigned, Driveway, Uncovered
Features
- Entry location: Front and Back Gate
- Pool features: None
Lot
- Size: 6,861 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 4302025015
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $397/sqft
- Date on market: 1/6/2026
- Cumulative days on market: 409 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
- Tenant pays: Electricity, Gas, Parking Fee
Estimated market value
Not available
Estimated sales range
Not available
$2,590/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Listed for sale | $2,500,000$397/sqft |
Source:  CRMLS #SB26002904 Report a problem | ||
| 12/31/2025 | Listing removed | $2,500,000$397/sqft |
Source:  SDMLS #SB25142112 Report a problem | ||
| 6/27/2025 | Listed for sale | $2,500,000$397/sqft |
Source: SDMLS #SB25142112 Report a problem | ||
| 3/12/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/9/2021 | Listed for rent | $2,695 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Crestview
Nearby schools
GreatSchools rating
- 7/10Shenandoah Street Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 4.6 mi
- 6/10Alexander Hamilton Senior High SchoolGrades: 9-12Distance: 0.8 mi
- $--2 bd1 ba1.1k sqft1942 S Sherbourne Dr #3, Los Angeles, CA 90034Off Market
- $--2 bd1 ba750 sqft1942 S Sherbourne Dr APT 2, Los Angeles, CA 90034Off Market
- $--2 bd1 ba1k sqft1942 S Sherbourne Dr APT 1, Los Angeles, CA 90034Off Market
- $--2 bd1 ba1.3k sqft1942 S Sherbourne Dr APT 6, Los Angeles, CA 90034Off Market
- $1,140,1002 bd2 ba-- sqft1946 S Sherbourne Dr APT 5, Los Angeles, CA 90034Off Market
- $--3 bd2 ba1.5k sqft1936 S Sherbourne Dr APT 5, Los Angeles, CA 90034Off Market
- $--3 bd2 ba1.3k sqft1936 S Sherbourne Dr APT 6, Los Angeles, CA 90034Off Market
- $1,283,7006 bd4 ba2.5k sqft1950 S Sherbourne Dr, Los Angeles, CA 90034Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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