432 S Sherbourne Drive, Los Angeles, CA 90048

Local realty services provided by:ERA Carlile Realty Group
432 S Sherbourne Drive,Los Angeles, CA 90048
$2,050,000
  • 10 Beds
  • 10 Baths
  • 6,190 sq. ft.
  • Multi-family
  • Active
Listed by:saadia 'sam' liberow
Office:marcus & millichap
MLS#:25584413
Source:CRMLS

Price summary

  • Price:$2,050,000
  • Price per sq. ft.:$331.18

About this home

This offering presents a rare opportunity to acquire a stabilized multifamily asset with a 5.80% in-place cap rate in one of Los Angeles' most competitive rental markets. Located in Beverly Grove, just steps from Beverly Hills, the property delivers immediate income security alongside enduring tenant demand driven by its prime location. Residents benefit from proximity to major job centers, world-class dining, shopping, and cultural institutions, while the affordability gap in homeownership continues to fuel long-term rental stability. The existing vacancy also creates a unique owner-user opportunity, allowing a buyer to occupy a unit in this highly desirable submarket while collecting rental income from the remaining apartments.Blending vintage architectural charm with modern improvements, the property offers both character and practicality. A completed seismic retrofit ensures safety and compliance while removing a significant capital expense for new ownership. Tenants are further

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Home facts

  • Year built:1960
  • Listing ID #:25584413
  • Added:1 day(s) ago
  • Updated:August 29, 2025 at 12:27 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Living area:6,190 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1960
  • Building area:6,190 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$2,050,000
  • Price per sq. ft.:$331.18
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