USACALos Angeles432 S Sherbourne Dr
432 S Sherbourne Dr | Image 1

$2,050,000

Sold

6 months ago

432 S Sherbourne Dr, Los Angeles, CA

MLS® 25584413

10 Bed

10 Bath

6190 sqft

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 6190 sqft
Garage Yes
HOA Fees 
Taxes 
Approx. Age 1960
Avg. Price Per Sqft $331
MLS® Number 25584413

Property Address: 432 S Sherbourne Dr, Los Angeles, CA, 90048-4026

Average square foot calculated using Size range provided by listing agent.

Description

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 attracted by desirable amenities including gated entry, covered parking, balconies or patios in select units, and on-site laundry facilities. The owner's unit features central air and a private rear yard, providing rare features in this neighborhood that enhance livability and value.
MLS® Number25584413
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1960
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Sep 5, 2025End Date
$2,300,000Sold Price

Sold

Aug 28, 2025List Date
$2,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
432 S Sherbourne Dr, Los Angeles, CA

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