1942 S Sherbourne Dr, Los Angeles, CA, 90034
About This Home
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.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1956
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Washer
- Laundry features: Common Area,Inside,Stacked
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 6
Features
- Common walls with other units/homes: 2+ Common Walls
Interior Area
- Total structure area: 6,300
- Total interior livable area: 6,300 sqft
Property
Details
- Parcel number: 4302025015
- Attached to another structure: Yes
- Zoning: LARD2
- Special condition: Standard
Features
- Entry location: Front and Back Gate
- Pool features: None
Lot
- Lot size: 6,861 sqft
- Features: 6-10 Units/Acre
Parking
- Parking features: Assigned,Driveway,Uncovered
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,641 | $151,692 |
| Home Insurance * | $365 | $4,380 |
| Property Taxes | $1,395 | $16,740 |
| Electricity | $1,350 | $16,211 |
| Total | $15,751 | $189,012 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-06 | Listed for sale | $2,500,000 |
| 2025-12-31 | Listing removed | $2,500,000 |
| 2025-06-27 | Listed for sale | $2,500,000 |
| 2021-03-12 | Listing removed | -- |
| 2021-03-09 | Listed for rent | $2,695 |
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