NOT LISTED FOR SALE
5 Beds
6 Baths
3,750 Sq Ft
6,358 Sq Ft Lot

Last Sold February 09, 2016

Last sale price $1,655,000 $441 Per Sq Ft

14 Days on Market

About This Home

As of February 2016

1461 S. Sherbourne Drive is a 6-unit apartment building located in the Beverly Hills Adjacent neighborhood of Los Angeles known as "Pico Robertson." The Property provides an excellent opportunity for an investor to acquire a renovated turnkey building in a Prime West Los Angeles location priced at only $275K/unit, 4.1% CAP and 15.6 x current rents. PLEASE EMAIL BROKER FOR A FULL MARKETING PACKAGE. DRIVE BY ONLY, SHOWN WITH ACCEPTED OFFER.

Last Agent to Sell the Property

Ramin Gheitanchi

Keller Williams Beverly Hills License #01501715 Listed on: 11/02/2015

Keller Williams Beverly Hills

Last Buyer's Agent

Ramin Gheitanchi

Keller Williams Beverly Hills License #01501715 Listed on: 11/02/2015

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,358 Sq Ft Lot

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Detached Carport Space

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4303-018-038

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3750
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 440.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 6

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 168706
  • Assessed Land Value: 662796
  • Assessor Parcel Number: 4303-018-038
  • Geocode Override: No
  • Lot Size Area: 6358

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.60
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 35000
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2016 02/09/16 Sold $1,655,000 +0.3% $441 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $1,650,000 -- $440 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-955781

The MLS