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Renovated Six-Unit Apartment Building
For Sale
Contact for pricing

2040 S Sherbourne Dr, Los Angeles, CA 90034

Multifamily property with varied floor plans, upgraded interiors, dedicated parking, and separately metered gas and electricity.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market140

Property Features for 2040 S Sherbourne Dr

General Information

Standard status Active
Net Rentable 6,981 SF
Total Parking Spaces 9
Lot size 0.16 Acres
Property subtype Multifamily

Units

Unit Mix 3 x 2BR/2BA, 3 x 3BR/2BA
Multifamily Units 6

Additional Details

Utilities to Site Yes

Amenities

on-site laundry room
Listing Agency: Marcus & Millichap - Encino
Listed By: Filip Niculete · License #CA 01905352
Source: Crexi
Added: Apr 16 Changed: Aug 31 Last Checked: Aug 30 at 10:51PM

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 Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

This six-unit apartment property includes three two-bedroom, two-bath residences and three three-bedroom, two-bath residences. The building occupies a 7,063-square-foot lot and provides 6,981 square feet of rentable area, with nine parking spaces. Five units have received extensive interior renovations featuring updated kitchens, quartz countertops, full-size stainless-steel appliances, recessed lighting, new windows, synthetic wood flooring, and central heating and cooling systems. The exterior has also been renovated, and earthquake retrofitting was completed in 2018.

Gas and electricity are separately metered. The three-bedroom units include new washers and dryers, while an on-site laundry room serves the remaining residences. The property is located in the 90034 ZIP code, near Pico-Robertson, Beverly Hills, Century City, and Culver City.

Key Highlights

  • Six units with three 2 Bed/2 Bath and three 3 Bed/2 Bath residences
  • 6,981 SF rentable area on a 7,063 SF lot
  • Nine on‑site parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Nail Salon Dental Office Real Estate Agency Barber Shop Accounting Firm

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,491
Businesses Nearby

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

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 - Multifamily property with varied floor plans, upgraded interiors, dedicated parking, and separately metered gas and electricity.
Where is this apartment building located?
The property is located at 2040 S Sherbourne Dr Los Angeles, CA.
What are key features of this property?
This property features: Six units with three 2 Bed/2 Bath and three 3 Bed/2 Bath residences; 6,981 SF rentable area on a 7,063 SF lot; Nine on‑site parking spaces
(818) 357-9525 Call to check price and availability
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