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1206 S Sherbourne Dr, Los Angeles, CA 90035
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1206 S Sherbourne Dr Los Angeles, CA 90035

$1,998,000
  • 9 Beds
  • 6 Baths
  • 5,145 Sq.Ft.
For Sale
$1,998,000 Get Pre-Qualified
Map preview of 1206 S Sherbourne Dr, Los Angeles, CA 90035

Property Overview: 1206 S Sherbourne Dr Los Angeles, CA has 9 bedrooms, 6 bathrooms, 5,145 living square feet and 6,368 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Introducing a meticulously maintained Mid-Century Modern 6-unit building, lovingly cared for by the same owner for over 25 years. This property features a balanced mix of 3 spacious 2-bedroom, 1-bath units and 3 comfortable 1-bedroom, 1-bath units. With a community laundry room equipped with leased machines and a convenient 4-car carport, this building offers convenience and practicality. The long-term tenants have enjoyed their stay, and the next owner can seize the incredible opportunity for increased rental income. Situated on a generous 50' x 127' LAR3 lot, this property holds great potential. Trust sale, property being sold as-is.

Listed by Phil Missig | BRE #01367402 | Berkshire Hathaway HomeServices California Properties
Last checked: 4 minutes ago | Last updated: May 31st, 2024 | Source CRMLS | DOM: 41
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Home details

Lot Sq. Ft
6,368
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24391237
City
Los Angeles
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 6
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,158
  • Total Rent: $1,158
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,081
  • Total Rent: $1,081
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,155
  • Total Rent: $1,155
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,824
  • Total Rent: $1,824
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,690
  • Total Rent: $1,690
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,519
  • Total Rent: $1,519
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $8,427
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1206 S Sherbourne Dr

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Detached Carport
Property Information
  • Total # of Units: 6
  • Parcel Number: 4332023036
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Pico, South of Olympic, West of La Cienega, East of Robertson
View more facts & features

Local Los Angeles Agent

Sale History for 1206 S Sherbourne Dr

View property's historical transactions

  • May, 2024

  • May 16, 2024

    Date

    Active

    CRMLS: 24391237

    $1,998,000

    Price

Tax History for 1206 S Sherbourne Dr

Assessed Value (2020): $198,566
Year Land Value Improved Value Assessed Value
2020 $96,366 $102,200 $198,566

Home Value Compared to the Market

This property vs the competition

1206 S Sherbourne Dr is listed 59.97% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $388.34 per/sqft which puts the price per square foot 50.09% lower than the median price per square foot for the city of Los Angeles.

About 1206 S Sherbourne Dr

Detailed summary of property

1206 S Sherbourne Dr is a multi family located in Los Angeles, CA 90035 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 5,145 living square feet, and sits on an approximately 6,368 square foot lot. 1206 S Sherbourne Dr was first listed on ArdentRealEstateGroup.com on May 17, 2024. The homeowner is currently asking $1,998,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 59.97% higher than the median priced home. Local competing homes currently for sale include 1125 Hi Point St, 1118 Hi Point St and 1141 S Hayworth Ave. While the average home in Los Angeles, CA is selling in 98 days, 1206 S Sherbourne Dr has a days on market of 41 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1206 S Sherbourne Dr Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1206 S Sherbourne Dr

Public county record property details
Beds
9
Baths
6
Year built
1955
Sq. Ft.
5,145
Lot Size
6,391
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
4332-023-036

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,499,000
Median List Price/Sq.Ft.
$772
Median Sold Price
$1,700,000
Median Sold Price/Sq.Ft.
$868
Total Inventory
65
Median Sale to List Price %
94.71%
Avg Days on Market
14
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (37.5%), Other (12.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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