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$2,500,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 12 days ago
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Prime Mid-City Value-Add Opportunity! Nestled in one of LA's most desirable rental corridors, this well-maintained 6-unit apartment building at 1942 S Sherbourne Drive offers a rare chance to secure stable income with upside. The gated property features upgraded, spacious units-each with in-unit laundry-and assigned on-site parking. Tenants enjoy easy access to the 10 Freeway, Culver City, Downtown, and the La Cienega/Jefferson Metro station. With strong current income, separately metered gas/electric, and low operating expenses, this property is ideal for investors seeking long-term appreciation, solid cash flow, and potential rent growth in a high-demand submarket.

Full Property Details for 1942 S Sherbourne Dr

General

  • Price: $2,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26002904
  • Updated: 1/6/2026
  • Days on Market: 12 days
  • Added to Site: 12 day(s) ago

Rooms

Other Rooms

  • Laundry: Community, Dryer Included, Inside, Stackable, Washer Included

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Assigned, Combination Driveway, Uncovered
  • Parking: Assigned, Combination Driveway, Uncovered

Location

  • Area: C09 - Beverlywood Vicinity
  • County: Los Angeles
  • Development Name: C09 - Beverlywood Vicinity
  • Driving Directions: East of Robertson Blvd, North of Cadillac Ave, South of Sawyer

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Entry Location: Front and Back Gate
  • Square Feet: 6,300
  • Year Built: 1956

Unit Information

Unit 1

  • Number of Units: 6
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1575
  • Lot Size (Sq. Ft.): 6,861
  • Lot Size Source: Assessor
  • Zoning: LARD2
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $396.83
  • Price Per Unit: 416667

Listed by Meldia Investment Realty of America, Dillon Perera

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Listing agent

— 1942 S Sherbourne Dr —

  • Dillon Perera

    Meldia Investment Realty of America

818-854-2470

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1942 S Sherbourne Dr

School District:Los Angeles Unified School District
NameGradesDistance
Shenandoah Street Elementary School
2450 South Shenandoah Street, Los Angeles, CA 90034
K-50.3 mi
Mark Twain Middle School and World Languages Magnet
2224 Walgrove Avenue, Los Angeles, CA 90066
6-84.6 mi
Alexander Hamilton Senior High School
2955 South Robertson Boulevard, Los Angeles, CA 90034
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1942 S Sherbourne Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2026
Listed
$2,500,000
-18.3%
MLS
9/24/2021
Sold
$3,060,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1942 S Sherbourne Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$39,813
3%
$3,247,296
4%
2023
$38,609
5%
$3,121,200
2%
2022
$36,832
94%
$3,060,000
101%
2021
$19,029
-1%
$1,524,208
1%
2020
$19,214
4%
$1,508,580
2%
2019
$18,478
-18%
$1,479,000
-18%
2018
$22,503
635%
$1,800,000
906%
2017
$3,063
5%
$178,883
2%
2016
$2,924
1%
$175,376
2%
2015
$2,893
-2%
$172,743
2%
2014
$2,945
1%
$169,360
—
2013
$2,929
—
$168,596
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1942 S Sherbourne Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Meldia Investment Realty of America, Dillon Perera

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1942 S Sherbourne Drive, Los Angeles, CA 90034 (MLS# SB26002904) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 1942 S Sherbourne Drive is currently listed for $2,500,000 and was received on January 06, 2026. Want to learn more about 1942 S Sherbourne Drive? Do you have questions about finding other Multi-Family real estate for sale in Beverlywood? You can browse all Beverlywood real estate or contact a Coldwell Banker agent to request more information.

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