John E Burge

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1942 S Sherbourne DriveLos Angeles, CA 90034

Multi-Family · 6,300 Sq. ft. | 0.16 Acres
$2,500,000 Active

1942 S Sherbourne Drive Overview

Time on Site:
174 days
Visits:
0

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.

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1942 S Sherbourne Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,300
  • Price/Sq.ft. $397
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: Community Apartment

Income/Expenses

  • Fuel Expense: 125.0
  • Gardener Expense: 1200.0
  • Gross Income: 169012.0
  • Gross Scheduled Income: 169012.0
  • Insurance Expense: 3800.0
  • Maintenance Expense: 10000.0
  • Net Operating Income: 111341.0
  • New Taxes Expense: 19681.0
  • Operating Expense: 57671.0
  • Trash Expense: 5200.0
  • Water Sewer Expense: 2500.0

Building Information

  • New Construction: No
  • Year Built: 1956

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C09 - Beverlywood Vicinity
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Parking Fee

General Information

  • Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
  • Parcel Number: 4302025015
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LARD2

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 6300.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Dryer,Washer
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front and Back Gate
  • Laundry Features: Common Area,Inside,Stacked
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Assigned,Driveway,Uncovered

Lot Information

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.1575
  • Lot Size Area: 6861.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6861.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 6
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

1942 S Sherbourne Drive Neighborhood

Community

90034 (Los Angeles) Demographics

34
Median Age
18,077
Population Density (per sq. mile)
67%
College Educated
$80,773
Estimated Median Income
5,272
Estimated Total Home Owners
20,924
Estimated Total Renters
20% / 80%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1942 S Sherbourne Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1942 S Sherbourne Drive Market Data

Based on the last 30 days in this zip code

$1,649,487
Average List Price
$874
Average Price per Square Foot
39
Properties Sold
59
Average Days on Market
253
Properties for Sale
Calculations provided by Reliance Network

1942 S Sherbourne Drive History

Date Event Value Agent
1/6/2026Source: CRMLS Added to Database
January 06, 2026
Listing provided courtesy of Meldia Investment Realty of AmericaDillon Perera- MLS# SB26002904MLS ProviderContact Information: [email protected] - 562-901-0741
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