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Off market
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  • $2,394,300

    320 S Sherbourne Dr, Los Angeles, CA 90048

    8beds
    5,396sqft
    MultiFamily
    Built in 1958
    -- sqft lot
    $2,394,300 Zestimate®
    $444/sqft
    $4,288 Estimated rent

    Home value

    $2,394,300

    $1.96M - $2.99M

    $4,288/mo

    Zestimate® history
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    $4,288/mo

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    Rent Zestimate®

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    $15,113/mo

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    $15,113/mo

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    What's special

    Beverly groveCedars sinai

    We are very pleased to exclusively offer for sale for the first time in more than 50 years, eight well-maintained units in the absolute best part of Beverly Grove. Boasting a 93 Walkscore, 320 S. Sherbourne Drive presents the extremely rare opportunity to purchase units in the highly desirable Burton Way Triangle, perfectly positioned between Robertson and La Cienega, 3rd Street and Burton Way. 320 S. Sherbourne boasts 8 large one-bedroom units, steps to Cedars Sinai, The Beverly Center and Beverly Connection, as well around the corner from all the shops on restaurants on both 3rd and Robertson, including The Ivy, Kitson, James Perse, Chanel, The Henry and so much more. The soft story retrofit has been fully completed. Market rents for remodeled units in this area are $3,000+ depending on finishes and furnishings, making 320 S. Sherbourne Drive an excellent value add opportunity for a saavy investor who understands truly how valuable this location is. Current annual income totals over $165,000, Proforma Gross of over $270,000+ per year. Multi-family offerings in this location rarely come available, so this one won't last!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced air
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
    • Laundry: Community
    Interior area
    • Total interior livable area: 5,396 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Levels: Two
    Lot
    • Size: 5,205 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1958

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $444/sqft

    Price history

    DateEventPrice
    10/27/2021Sold$2,950,000-4.1%$547/sqft
    Source: CLAW #21777502 Report a problem
    10/12/2021Pending sale$3,075,000$570/sqft
    Source: CLAW #21777502 Report a problem
    9/28/2021Price change$3,075,000-3.8%$570/sqft
    Source: CLAW #21777502 Report a problem
    8/27/2021Listed for sale$3,195,000$592/sqft
    Source: CLAW #21777502 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mid City West

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,394,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,394,300