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Two-Story Apartment Building Opportunity
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1430 S Sherbourne Dr, Los Angeles, CA 90035

Well-maintained two-story multifamily property with covered parking, on-site laundry, and units with balconies.

Property SizeContact for details
Lot Size0.15 Acres
Days on Market121

Property Features for 1430 S Sherbourne Dr

General Information

Standard status Active
Total Parking Spaces 4
Lot size 0.15 Acres
Property subtype Retail

Additional Details

Multifamily Units 5

Amenities

on-site laundry room
balcony
private walk-up entrance

Building Details

Year Built 1964
Stories 2
Listing Agency: RE/MAX Property Connection
Listed By: Mike Lembeck · License #CA 01019397
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 10:49AM

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 RE/MAX Property Connection

Investment Insights

Based on property information with market context.

Originally constructed in 1964, this two-story apartment building at 1430 S Sherbourne Dr sits on a 6,500 square foot parcel and includes one building over four covered parking spaces. The property also features an on-site laundry room and an additional driveway at the building entrance.

The unit mix includes two (2) two-bedroom/two-bath units averaging about 850 square feet and three (3) larger two-bedroom/two-bath units averaging about 1,250 square feet. Every unit has a balcony, and one ground-floor unit offers a large, private walk-up entrance.

Current ownership has maintained the asset; however, only one unit interior has been renovated while the remaining four units have been largely untouched. The property is positioned as a strong fit for a comprehensive renovation strategy.

Key Highlights

  • Built in 1964, 1430 Sherbourne Drive is located on a 6,500 SF parcel with one two‑story structure and 4 covered parking spaces
  • 5‑unit mix with two (2) 2BD/2BA units averaging 850 SF and three (3) larger 2BD/2BA units averaging 1,250 SF
  • Each unit includes a balcony, and one ground‑floor unit has a large private walk‑up entrance

Property Analytics

Current Use

Gold Driving School Training Center

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Bar & Pub Clothing & Fashion Store Supermarket Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,908
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained two-story multifamily property with covered parking, on-site laundry, and units with balconies.
Where is this apartment building located?
The property is located at 1430 S Sherbourne Dr Los Angeles, CA.
What are key features of this property?
This property features: Built in 1964, 1430 Sherbourne Drive is located on a 6,500 SF parcel with one two‑story structure and 4 covered parking spaces; 5‑unit mix with two (2) 2BD/2BA units averaging 850 SF and three (3) larger 2BD/2BA units averaging 1,250 SF; Each unit includes a balcony, and one ground‑floor unit has a large private walk‑up entrance
More about this property
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