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1114 S Sherbourne Dr
Los Angeles, CA 90035
Multifamily Property For Sale
·
7 Units
Executive Summary
Proudly presenting 1114 S Sherbourne Drive, a well-located 7-unit multifamily property in one of Los Angeles’ most consistently high-demand rental neighborhoods. Situated just south of Olympic Blvd in the desirable Pico-Robertson / Beverly Grove adjacent corridor, this offering provides investors with stable in-place income and strong long-term upside in a premier central LA location. Recent renovations include interiors of 4 of the 7 units and a new roof has been recently installed.
The property features a desirable unit mix with spacious floor plans that appeal to a broad tenant base seeking proximity to Beverly Hills, Century City, Culver City, and West Hollywood. Residents enjoy walkable access to local dining, markets, houses of worship, and daily conveniences, along with easy connectivity via Olympic, Pico, and Robertson corridors.
This classic Los Angeles apartment building offers solid rental fundamentals, making it an ideal fit for investors seeking a low-vacancy, high-demand submarket with long-term appreciation potential. With continued rental growth in the area and limited new multifamily supply nearby, Sherbourne Drive remains a highly sought-after address for renters.
The property features a desirable unit mix with spacious floor plans that appeal to a broad tenant base seeking proximity to Beverly Hills, Century City, Culver City, and West Hollywood. Residents enjoy walkable access to local dining, markets, houses of worship, and daily conveniences, along with easy connectivity via Olympic, Pico, and Robertson corridors.
This classic Los Angeles apartment building offers solid rental fundamentals, making it an ideal fit for investors seeking a low-vacancy, high-demand submarket with long-term appreciation potential. With continued rental growth in the area and limited new multifamily supply nearby, Sherbourne Drive remains a highly sought-after address for renters.
Property Facts
| Price Per Unit | $506,039 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.70% | Lot Size | 0.15 AC |
| Gross Rent Multiplier | 14.46 | Building Size | 6,278 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 1.91/1,000 SF |
| Zoning | LAR3 | ||
| Price Per Unit | $506,039 CAD |
| Sale Type | Investment |
| Cap Rate | 4.70% |
| Gross Rent Multiplier | 14.46 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,278 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
Property Taxes
| Parcel Number | 4332-023-003 | Improvements Assessment | $1,579,269 CAD |
| Land Assessment | $1,772,649 CAD | Total Assessment | $3,351,918 CAD |
Property Taxes
Parcel Number
4332-023-003
Land Assessment
$1,772,649 CAD
Improvements Assessment
$1,579,269 CAD
Total Assessment
$3,351,918 CAD
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