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Sold for $2,300,000
  • $2,300,000

    432 S Sherbourne Dr, Los Angeles, CA 90048

    10beds
    10baths
    6,190sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $2,299,300 Zestimate®
    $372/sqft
    $3,725 Estimated rent

    Home value

    $2,299,300

    $2.09M - $2.53M

    $3,725/mo

    Zestimate® history
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    Owner options

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    $3,725/mo

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    $3,725/mo

    Rent Zestimate®

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    $14,768/mo

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    $14,768/mo

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    What's special

    Private rear yardCovered parkingBalconies or patiosGated entryVintage architectural charmModern improvementsCentral air
    This offering presents a rare opportunity to acquire a stabilized multifamily asset with a 5.80% in-place cap rate in one of Los Angeles' most competitive rental markets. Located in Beverly Grove, just steps from Beverly Hills, the property delivers immediate income security alongside enduring tenant demand driven by its prime location. Residents benefit from proximity to major job centers, world-class dining, shopping, and cultural institutions, while the affordability gap in homeownership continues to fuel long-term rental stability. The existing vacancy also creates a unique owner-user opportunity, allowing a buyer to occupy a unit in this highly desirable submarket while collecting rental income from the remaining apartments.Blending vintage architectural charm with modern improvements, the property offers both character and practicality. A completed seismic retrofit ensures safety and compliance while removing a significant capital expense for new ownership. Tenants are further attracted by desirable amenities including gated entry, covered parking, balconies or patios in select units, and on-site laundry facilities. The owner's unit features central air and a private rear yard, providing rare features in this neighborhood that enhance livability and value.

    Zillow last checked:

    Listing updated:

    Listed by:

    Saadia 'Sam' Liberow DRE # 01933858 718-406-3128,

    Marcus & Millichap 818-212-2700

    Bought with:

    Saadia 'Sam' Liberow, DRE # 01933858

    Marcus & Millichap

    Source: CLAW,MLS#: 25584413MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Refrigerator, Range/Oven, Other Water Heater Type
    • Laundry: Laundry Area
    Interior area
    • Total structure area: 6,190
    • Total interior livable area: 6,190 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport, Tandem
    • Has carport: Yes
    • Covered spaces: 5
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,503 Square Feet
    Details
    • Additional structures: None
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $372/sqft
    • Tax assessed value: $295,833
    • Date on market: 8/28/2025
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    10/21/2025Sold$2,300,000+12.2%$372/sqft
    Source: CLAW #25584413 Report a problem
    9/5/2025Pending sale$2,050,000$331/sqft
    Source: CLAW #25584413 Report a problem
    8/28/2025Listed for sale$2,050,000$331/sqft
    Source: CLAW #25584413 Report a problem
    11/3/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/19/2021Price change$2,595-2.1%
    Source: Zillow Rental Manager Report a problem
    10/16/2021Listed for rent$2,650
    Source: Zillow Rental Manager Report a problem
    8/9/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/3/2021Listed for rent$2,650-4.5%
    Source: Zillow Rental Manager Report a problem
    4/21/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/16/2021Price change$2,775-2.6%
    Source: Zillow Rental Manager Report a problem
    4/9/2021Price change$2,850-0.9%
    Source: Zillow Rental Manager Report a problem
    4/3/2021Price change$2,875+0.9%
    Source: Zillow Rental Manager Report a problem
    3/27/2021Listed for rent$2,850
    Source: Zillow Rental Manager Report a problem
    3/5/2021Listing removed--
    Source: Owner Report a problem
    4/3/2020Listing removed$2,850
    Source: Owner Report a problem
    3/1/2020Price change$2,850+1.8%
    Source: Owner Report a problem
    2/15/2020Price change$2,800+0.2%
    Source: Owner Report a problem
    2/2/2020Price change$2,795-1.9%
    Source: Owner Report a problem
    1/2/2020Price change$2,850-1.6%
    Source: Owner Report a problem
    11/26/2019Listed for rent$2,895+15.8%
    Source: Nourmand & Associates-BH #19532746 Report a problem
    3/18/2019Listing removed$2,500
    Source: Owner Report a problem
    3/17/2019Price change$2,500-2.9%
    Source: Owner Report a problem
    2/28/2019Price change$2,575-0.8%
    Source: Owner Report a problem
    1/16/2019Listed for rent$2,595+3.8%
    Source: Owner Report a problem
    7/8/2018Listing removed$2,500
    Source: Owner Report a problem
    6/30/2018Listed for rent$2,500
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mid City West

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,299,300
    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
    $2,299,300