919 S Sherbourne Dr - Apartments FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$2,300,000 USD
310-432-6547
919 S Sherbourne Dr, Los Angeles, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/6
null | 4.8% Cap Rate

919 S Sherbourne Dr
Los Angeles, CA 90035
Pico-Robertson


HIGHLIGHTS

  • 10.9 x gross and 6.4% cap with rents at market
  • Prime location, 1-block from the City of Beverly Hills

OVERVIEW

Prime location. 1-block from the City of Beverly Hills. Four 3-bedroom units and 1-bachelor with below market rents. One 3-bedroom unit may be delivered vacant at closing. 10.9 x gross and 6.4% cap with rents at market. Earthquake retrofit work has been completed. Buyer may increase the rents to recover 1/2 the cost.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$295 USD /SF

# OF UNITS

5

PRICE/UNIT

$460,000

CAP RATE

4.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,580 SF

ZONING

LAR3

APN/PARCEL ID

4333-021-028

ASK ABOUT THIS PROPERTY

Hamid SoroudiKW Commercial Beverly HillsMore Info
310-432-6547

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Hamid SoroudiKW Commercial Beverly HillsMore Info
310-432-6547

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