Great three unit investment opportunity located in the Pico Robertson area, Beverly Hills adjacent, and great walk score of 93. Two tenants in place and opportunity to live in the upper 2 bed/1 bath unit and collect rents on the lower two units. All units are separately metered for gas & electricity and no known upgrades (to any systems) have been done to the property. Subject to the City of Los Angeles Rent Control ordinance. Seller(s) has never lived on the property and makes no representations or warranties as to the condition, use, or history of the property. Property is being sold in its "AS IS, WHERE IS CONDITION" and Seller will not be responsible for any repairs, inspection reports, termite work, and/or any mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Seller is MOTIVATED so don't miss out!
Sold for $1,350,000
Listed by: Strand Hill Properties • Michael Rossi • Contact: 310-849-9601
Bought with: Strand Hill Properties
$1,350,000
931 S Sherbourne Dr, Los Angeles, CA 90035
5beds
3baths
3,080sqft
Triplex
Built in 1939
-- sqft lot
$1,827,500 Zestimate®
$438/sqft
$5,302 Estimated rent
Home value
$1,827,500
$1.61M - $2.07M
$5,302/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael Rossi DRE #01089100 310-849-9601,
Strand Hill Properties
Bought with:
Michael Rossi, DRE #01089100
Strand Hill Properties
Source: CRMLS,MLS#: SB24028361
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Rooms
- Room types: Kitchen, Laundry, Living Room
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Features
- Ceiling Fan(s), Multiple Staircases, Storage
- Flooring: Carpet, Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,080
- Total interior livable area: 3,080 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Detached Carport
- Garage spaces: 3
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 5,187 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 4333021026
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
- Security: Security Gate, Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $438/sqft
- Tax assessed value: $1,430,000
- Annual tax amount: $17,512
- Date on market: 2/8/2024
- Cumulative days on market: 25 days
- Listing terms: Cash,Cash to New Loan
- Tenant pays: Cable TV, Electricity, Gas, Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2024 | Sold | $1,350,000-12.9%$438/sqft |
Source:  CRMLS #SB24028361 Report a problem | ||
| 3/12/2024 | Pending sale | $1,550,000$503/sqft |
Source: CRMLS #SB24028361 Report a problem | ||
| 3/5/2024 | Contingent | $1,550,000$503/sqft |
Source: CRMLS #SB24028361 Report a problem | ||
| 2/28/2024 | Price change | $1,550,000-6.6%$503/sqft |
Source: CRMLS #SB24028361 Report a problem | ||
| 2/19/2024 | Price change | $1,660,000-5.7%$539/sqft |
Source: CRMLS #SB24028361 Report a problem | ||
| 2/9/2024 | Listed for sale | $1,760,000$571/sqft |
Source: CRMLS #SB24028361 Report a problem | ||
| 4/26/2020 | Listing removed | $2,250$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/6/2020 | Price change | $2,250-4.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/18/2020 | Price change | $2,350-4.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/7/2020 | Listed for rent | $2,450$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,512 +71.3% | $1,430,000 +74.7% |
| 2024 | $10,220 +1.9% | $818,685 +2% |
| 2023 | $10,029 +4.8% | $802,633 +2% |
| 2022 | $9,574 +1.4% | $786,896 +2% |
| 2021 | $9,442 -1% | $771,467 +1% |
| 2020 | $9,533 | $763,558 +2% |
| 2019 | $9,533 +5.5% | $748,588 +2% |
| 2018 | $9,036 | $733,911 +2% |
| 2017 | $9,036 +2.2% | $719,521 +2% |
| 2016 | $8,843 +2.6% | $705,413 +1.5% |
| 2015 | $8,620 +1% | $694,818 +2% |
| 2014 | $8,537 | $681,209 +2.5% |
| 2012 | -- | $664,835 +2% |
| 2011 | -- | $651,800 +0.8% |
| 2010 | -- | $646,929 -0.2% |
| 2009 | -- | $648,467 +2% |
| 2008 | -- | $635,753 +2% |
| 2007 | -- | $623,288 +2% |
| 2006 | -- | $611,068 |
| 2005 | -- | $611,068 +4% |
| 2004 | -- | $587,341 +1.9% |
| 2003 | -- | $576,577 +2% |
| 2002 | -- | $565,272 +44.9% |
| 2000 | -- | $390,000 |
Find assessor info on the county website
Neighborhood: Pico-Robertson
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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: 1.9 mi
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Estimated market value
$1,827,500
Get a cash offer in 3 minutes
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Estimated market value
$1,827,500
- California
- Los Angeles County
- Los Angeles
- 90035
- Pico-Robertson
- 931 S Sherbourne Dr
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