1960 S Sherbourne Drive
Los Angeles, CA 90034
Listing broker / agent: Dana Brody · Dana Brody · CRMLS
MLS # 26101892 · Last checked Oct 21, 2026 08:09 UTC
About this property
We are very pleased to exclusively present The Sherbourne Residences, an exceptional opportunity to acquire a beautifully remodeled six-unit apartment building in the highly desirable Crestview enclave, adjacent to the exclusive Beverlywood neighborhood. Offered at $2,995,000, this well-maintained and fully renovated property features an outstanding unit mix of five spacious 2-bedroom, 2-bathroom residences and one expansive 4-bedroom, 2.5-bathroom residence. All six units have been fully remodeled and feature updated kitchens with stainless steel appliances, new countertops, new flooring, and new windows, creating bright, modern living spaces with strong tenant appeal. Five of the six residences feature central heating and air conditioning as well as in-unit laundry, and all six units have their own electric vehicle chargers. The front 2+2 residence also offers a private fenced yard, adding a desirable outdoor amenity to an already excellent list of tenant amenities. The property has completed its seismic retrofit, providing an important capital improvement for the next owner.The investment fundamentals are equally compelling, with approximately $246,168 in annual scheduled rental income, $164,439 in annual net operating income, and a 5.5% current cap rate with projected market rents offering a potential annual NOI of $178,736 and nearly a 6% market cap rate. Ideally situated in fantastic Crestview neighborhood, directly adjacent to Beverlywood and conveniently close to Beverly Hills, Century City, and Culver City, the property offers access to premier Westside employment centers, shopping, dining, and entertainment. The surrounding area combines an established residential setting with convenient access to major commercial corridors and everyday amenities. The Residences at Sherbourne represents the rare opportunity to acquire a highly upgraded six unit multifamily asset featuring spacious two and four bedroom residences, modern kitchens and bathrooms, EV charging throughout, a completed seismic retrofit, strong in-place income, all in an exceptional and highly desired central Westside location.
Property details
- MLS number
- 26101892
- Status
- Active
- Type
- Residential Income
- Beds / baths
- 13 Beds • 12 Baths
- Living area
- 7,260 (area; units unconfirmed)
- Lot size
- 0.1574 acres
- Year built
- 1961
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 8
Building
- Year built
- 1961
- Stories
- 2
- Building stories
- 2
- Levels
- Two
Bathrooms
- Full bathrooms
- 0
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Appliances
- Dishwasher, Disposal, Microwave, Oven, Range Hood
- Heating
- Central
- Cooling
- Central Air
- Laundry
- Stacked
Exterior & parking
- Total parking spaces
- 6
- Parking
- Attached Carport
- Attached garage
- Yes
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Shenandoah Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.3 mi |
| Crescent Heights Boulevard Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.6 mi |
| Los Angeles Center for Enriched Studies (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–12 | 0.6 mi |
| Alexander Hamilton Senior High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.7 mi |
| Canfield Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.7 mi |
| Cheviot Hills Continuation (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.7 mi |
| Castle Heights Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.0 mi |
| Marvin Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,995,000
- MLS-reported original asking price
- $2,995,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 13, 2026 21:17 | $2,995,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Los Angeles
Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
558 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 08:20 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗