Multifamily Housing
2015 South Sherbourne Drive Los Angeles, CA 90034
Details & Description
Price: $1,299,000
    We are pleased to present the 2 story, 4 unit building near Pico/Robertson area of Los Angeles offered at $1,299,000. The subject consists of (four) 2 bedrooms + 1 bath units. There are 4 garage spaces and onsite laundry. Subject has separate electric and gas meters. Low utility bills with each unit having it's own water heater. Great opportunity to take advantage of huge upside in rents as rents are well below market. Actual gross income of $79,246. See rent roll in documents. The property is need of paint and some maintenance with potential for remodeling and re-positioning. The property sits in a great rental area providing tenants access to freeways, public transportation, business hubs, restaurants and shopping. The subject is near Downtown LA, Beverly Hills, Century City, and Santa Monica.
    Listing Agents
    Anie Mayelian

    O: 818-915-9118
    anie@mayeliangroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2015 South Sherbourne Drive

    Los Angeles, CA 90034

    Listing ID: 270558
    2015 South Sherbourne Drive Los Angeles, CA 90034 | for Sale | Photo 1
    Building Size: 4,302 SF
    Lot Size: 0.145 AC
    Land Size: 6,298 SF
    Building $/SF: $301.95
    Land $/SF: $206.26
    Price
    $1,299,000
    Description

    We are pleased to present the 2 story, 4 unit building near Pico/Robertson area of Los Angeles offered at $1,299,000. The subject consists of (four) 2 bedrooms + 1 bath units. There are 4 garage spaces and onsite laundry. Subject has separate electric and gas meters. Low utility bills with each unit having it's own water heater. Great opportunity to take advantage of huge upside in rents as rents are well below market. Actual gross income of $79,246. See rent roll in documents. The property is need of paint and some maintenance with potential for remodeling and re-positioning. The property sits in a great rental area providing tenants access to freeways, public transportation, business hubs, restaurants and shopping. The subject is near Downtown LA, Beverly Hills, Century City, and Santa Monica.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Los Angeles History of Multifamily Housing for Sale

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    Los Angeles Area Market Trends

    Listing Demographics for 2015 South Sherbourne Drive Los Angeles, CA 90034

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population35,676318,434910,817
    Population Median Age373939
    Population by Age0-9 Yrs3890 (10%)30367 (9%)83506 (9%)
    10-19 Yrs3977 (11%)27512 (8%)86986 (9%)
    20-29 Yrs5881 (16%)55206 (17%)168003 (18%)
    30-39 Yrs6363 (17%)59562 (18%)163702 (17%)
    40-49 Yrs5598 (15%)46775 (14%)126763 (13%)
    50-59 Yrs3898 (10%)37406 (11%)108459 (11%)
    60-69 Yrs3299 (9%)30555 (9%)86676 (9%)
    70+ Yrs2770 (7%)31050 (9%)86721 (9%)
    Median HH Income$84,458$77,285$71,058
    Total Household Income< 24K1892 (13%)24327 (17%)75447 (19%)
    25-49K2242 (15%)22932 (16%)69428 (17%)
    50-74K2293 (16%)22147 (15%)58448 (15%)
    75-99K1890 (13%)17789 (12%)44870 (11%)
    100-199K3736 (26%)34466 (24%)89297 (22%)
    200K+2231 (15%)20406 (14%)51549 (13%)
    Highest Education LevelNo Diploma27072499283921
    Diploma or GED32622973393562
    Some College485741377115103
    Assoc. Degree14351356538478
    Bachelors Degree805576916208263
    Higher Degree547054057130736
    Total Housing Units15,775158,512429,184
    --Owner-Occupied5,38944,243122,384
    --Renter-Occupied8,89597,824266,654
    Owner-Occupied Values< 100K366322031
    100-199K413611153
    200-299K479372636
    300-399K11520166053
    400-499K20324318049
    500K+494737867102461
    Total Working Age Population29,216270,334779,906
    In Work Force21,280190,719539,216
    Not In Work Force7,93579,615240,690
    Workforce Employed20,459181,306507,692
    Workforce Unemployed8159,33331,095
    Civlian Workforce21,275190,638538,786
    Military Workforce681429
    Total Households14,284142,067389,038
    Family Households7,33067,304183,126
    Non-Family Households6,95474,763205,912
    Married Couple5,45948,258126,576
    Other Family1,87219,04756,551
    Married w/Child2,62119,97549,517
    Single Male w/Child1102,2166,340
    Single Female w/Child6005,03715,375

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2015 South Sherbourne Drive in Los Angeles?
    The asking price for 2015 South Sherbourne Drive is $1,299,000
    What is the building size of this Multifamily property in Los Angeles, CA?
    The size of the building/unit at 2015 South Sherbourne Drive in Los Angeles is 4,302 square feet
    How much land does the Los Angeles, CA property at 2015 South Sherbourne Drive include?
    2015 South Sherbourne Drive in Los Angeles includes 0.145 acres of land
    What is the population within 1 mile of 2015 South Sherbourne Drive in Los Angeles?
    The population within 1 mile of 2015 South Sherbourne Drive Los Angeles, CA 90034 is 35,676 people.
    Who do I contact for questions about 2015 South Sherbourne Drive?
    You should contact the listing agent, Anie Mayelian, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 7
    John Wayne Airport-Orange County Airport (SNA) 39
    Ontario International Airport (ONT) 45
    Price
    $1,299,000
    Listing Agent
    More listings from Anie Mayelian
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