847 S Sherbourne Dr - Apartments FOR SALE


Los Angeles, CA 90035- West Los Angeles
$7,750,000 USD
424-377-6001
847 S Sherbourne Dr, Los Angeles, CA for Sale
$7,750,000 USD
Apartments - FOR SALE
1/25
null | 5.1% Cap Rate

847 S Sherbourne Dr
Los Angeles, CA 90035
West Los Angeles


HIGHLIGHTS

  • Beverly Hills adjacent, half a block to Beverly Hills
  • 13 newly renovated units with premium upgrades
  • Full gut renovation completed in 2024
  • Zero deferred maintenance
  • High-end interiors with stainless steel appliances
  • Stone counters, recessed lighting, fully amenitized units

OVERVIEW

We are pleased to present for sale 847 Sherbourne Ave, a 13-unit apartment complex offering luxury living in Los Angeles. This turnkey property has been fully transformed through a complete interior and exterior renovation in 2024, featuring premium finishes, modern amenities, and a beautifully designed courtyard. Located Beverly Hills Adjacent, a mere half a block to Beverly Hills, this property combines elegance and functionality. Each of the 13 units offers high ceilings, stainless steel appliances, in-unit washer/dryers, stylish flooring, and modern AC systems. Secure entry and gated parking provide added convenience and peace of mind. The property is in the lease up stage and 12 of the 13 units are currently vacant. 847 Sherbourne Ave boasts a prime location with easy access to the trendy shops and restaurants of Robertson Boulevard and La Cienega, as well as Beverly Hills’ iconic luxury destinations. Residents also enjoy seamless connectivity to cultural landmarks such as The Grove, LACMA, and Cedars-Sinai Medical Center. This fully renovated property offers a rare opportunity for investors. Whether you’re seeking a stabilized, cash-flowing asset or a premium addition to your portfolio, 847 Sherbourne Ave delivers exceptional quality and unbeatable proximity to Beverly Hills. Don’t miss the chance to own this reimagined gem in one of Southern California’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/SF

$665 USD /SF

# OF UNITS

13

PRICE/UNIT

$596,154

CAP RATE

5.1%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R3

APN/PARCEL ID

4333-020-009

ASK ABOUT THIS PROPERTY

Benjamin HsiangRealty Investment AdvisorsMore Info
424-377-6001

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Benjamin HsiangRealty Investment AdvisorsMore Info
424-377-6001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.