320 South Sherbourne Drive
320 South Sherbourne Drive Los Angeles, California 90048 United States

$3,195,000
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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...

Dana Brody

Listing Courtesy of Dana Brody
$3,195,000
Change Currency
.11 Acres
Exterior
Residential Income
Property type
1958
Year Built
21777502
Web Id
21777502
MLS ID
Los Angeles Unified
School District
22
days ago

About 320 South Sherbourne Drive

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!

Listing Courtesy of Dana Brody, Dana Brody, 01429001, Active

Amenities

  • Dishwasher
  • Refrigerator

features

cooling
Propane Heating
Parking
Garage

PROPERTY INFORMATION

Appliances
Dishwasher, Disposal, Refrigerator
Heating
Central
Parking Description
Controlled Entrance, Carport, Garage, Garage Door Opener

ADDITIONAL INFORMATION

Number of Units
8

320 South Sherbourne Drive, Los Angeles, California 90048 United States is a Residential Income for Sale for $3,195,000. Was built in 1958,  on a lot of .11 Acres ( m2) and it's composed from .


Listing Courtesy of Dana Brody

Dana Brody

Listing Courtesy of Dana Brody
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Based on information from CRISNet MLS as of at the data was obtained. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.