Listing Detail

IAG

835 S Sherbourne Dr., Los Angeles, CA 90035

Sherbourne MLS (1).jpg

Probate Sale, Court Confirmation MAY be required. 13-Unit residential property, for sale AFTER 51 years! Great unit mix 8 X 1 Bed, 4 X 2 Bed, and large 1 X 3 Bed. 9 of 13 Units are currently vacant and will be delivered vacant at COE. Soft Story Retrofit has NOT been done. All units are separately metered for gas & electricity. No known upgrades (to any systems) were done to the property. Seller is a Court-appointed fiduciary and cannot make any representations as to the condition, or history of the subject property. Sold AS IS & Where IS, with current 4 tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Court-appointed Administrator of the Estate will not respond to any offers until after the offer deadline. Only the vacant units will be shown during the open houses.

Showing Remarks: Drive by only. Open Houses will be scheduled, and MLS will be updated. Please email sales@iagpm.com.

Property Highlights
Street 835 S Sherbourne Dr.
City Los Angeles
State CA
Zip 90035
Status In Contract
Property Type Multi-family
Asking Price 5,500,000
Year Built 1957
Building Sq Ft 11,558
Number of units 13
CAP Rate 4.29
GRM 14.35
Value per Square Feet 423,077
Broker Name Vinny Jain
Telephone (310) 207-2288
Email sales@ingeniousassetgroup.com
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