Vacant Duplex in Pico/Robertson
For Sale
$1,895,000
1068 S Sherbourne Dr, Los Angeles, CA 90035
Vacant duplex on a 6,168 sq. ft. corner lot.
Property Size3,200 SF
Lot Size0.14 Acres
Days on Market81
Property Features for 1068 S Sherbourne Dr
General Information
Standard status
Active
Size
3,200 SF
Lot size
0.14 Acres
Property subtype
Investment
Building Details
Building Size
3,200 SF
Year Built
1929
Units
2
Listing Agency:
(310) 773-5991
Listed By:
Shaw Mangoli · License #01933536
(310) 773-5991
Source:
Elliman
Added: May 21
Changed: Aug 8
Last Checked: Jul 16 at 11:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shaw Mangoli
Investment Insights
Based on property information with market context.
Located in the Pico/Robertson neighborhood, this property features a vacant duplex on a 6,168 sq. ft. corner lot. The property is located within a Transit Oriented Communities (TOC) Tier 3 zone and benefits from LAR3 zoning, creating substantial future development potential. The property presents potential for investors, developers, or owner-users seeking to renovate, reposition, or develop a property with long-term upside and income-producing possibilities. Alternative development options include adding multiple Accessory Dwelling Units (ADUs) or pursuing multi-family redevelopment with the potential for up to 14 units; verification with the City of Los Angeles is recommended. The property will be delivered fully vacant, allowing immediate renovation or redevelopment. The location has a walk score of 94, indicating it is a walker's paradise, a bike score of 56, indicating it is bikeable, and a transit score of 58, indicating good transit.
Key Highlights
- Prime 6,168 sq. ft. corner lot in the highly desirable Pico/Robertson Neighborhood.
- Located within a Transit Oriented Communities (TOC) Tier 3 zone with LAR3 zoning, offering substantial development potential.
- Potential for multi‑family redevelopment with up to 14 units (buyer to verify).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,908
Businesses Nearby
Explore this area
Business Placement
Demographics for 90035, CA
30,294
Population
13,795
Households
2.2
Avg Household Size
37
Median Age
68%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
13,171
Density / Sq Mi
$108,224
Median Household Income
$67,202
Median Earnings
$2,486
Median Rent
$1,844,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant duplex on a 6,168 sq. ft. corner lot.
Where is this residential land & home lot located?
The property is located at 1068 S Sherbourne Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Prime 6,168 sq. ft. corner lot in the highly desirable Pico/Robertson Neighborhood.; Located within a Transit Oriented Communities (TOC) Tier 3 zone with LAR3 zoning, offering substantial development potential.; Potential for multi‑family redevelopment with up to 14 units (buyer to verify).
