6-Unit Apartment Building with EV
New
For Sale
$2,995,000
1960 S Sherbourne Dr, Los Angeles, CA 90034
Every residence has electric vehicle charging, and five units include in-home laundry and central air conditioning.
Property Size7,260 SF
Days on Market2
Property Features for 1960 S Sherbourne Dr
General Information
Standard status
Active
Size
7,260 SF
Property subtype
Multifamily
Occupancy
100%
Financials
Asking Price
$2,995,000
Cap Rate
5.49%
Units
Unit Mix
5 x 2BR/2BA, 1 x 4BR/2.5BA
Multifamily Units
6
Amenities
electric vehicle charging
in-unit washer/dryer
central air conditioning
private yard
All six residences are occupied, providing an established rental income stream.
Five large two-bedroom, two-bathroom residences and one oversized fourbedroom, two-and-one-half-bathroom residence.
Five units feature in-unit washers and dryers and central air conditioning.
The provided financial summary indicates approximately $164,439 in annual net operating income.
An established residential neighborhood with convenient access to Beverlywood, Culver City, and surrounding Westside destinations.
Building Details
Building Size
7,260 SF
Units
6
Listing Agency:
Encino Office
Listed By:
Dana Brody · License #License(s): CA: 01429001
(818) 212-2757
Source:
Marcusmillichap
Added: Oct 19
Last Checked: Oct 19 at 2:02PM
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 Encino Office
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Investment Insights
Based on property information with market context.
This six-unit apartment property comprises five two-bedroom, two-bath residences and one four-bedroom, two-and-one-half-bath residence. All six homes have been remodeled. Electric vehicle charging serves every unit, while five residences also have in-unit washers and dryers and central air conditioning. One unit includes a private yard.
The property is in Los Angeles, near Beverlywood and Culver City. All six apartments are currently occupied.
The property is in Los Angeles, near Beverlywood and Culver City. All six apartments are currently occupied.
Key Highlights
- Six apartments: five 2‑bedroom, 2‑bath units and one 4‑bedroom, 2.5‑bath unit
- Remodeled interiors in all six residences
- Electric vehicle charging available at every unit
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,491
Businesses Nearby
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Business Placement
Demographics for 90034, CA
57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Every residence has electric vehicle charging, and five units include in-home laundry and central air conditioning.
Where is this apartment building located?
The property is located at 1960 S Sherbourne Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Six apartments: five 2‑bedroom, 2‑bath units and one 4‑bedroom, 2.5‑bath unit; Remodeled interiors in all six residences; Electric vehicle charging available at every unit
