1068 S Sherbourne Drive, Los Angeles, CA 90035
- $1,895,000
- 6
- BD
- 6
- BA
- 3,200
- SqFt
- List Price
- $1,895,000
- Status
- ACTIVE
- MLS#
- 26661059
- Year Built
- 1929
- Bedrooms
- 6
- Bathrooms
- 6
- Living Sq. Ft
- 3,200
- Lot Size
- 6,170
- Acres
- 0.14
- Days on Market
- 110
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
In the heart of the Pico/Robertson Neighborhood! An exceptional opportunity to acquire a vacant duplex on a prime 6,168 sq. ft. corner lot in a highly desirable neighborhood. This major fixer-upper presents outstanding potential for investors, developers, or owner-users seeking to renovate, reposition, or develop a property with significant long-term upside and income-producing possibilities. The property is located within a Transit Oriented Communities (TOC) Tier 3 zone and benefits from LAR3 zoning, creating substantial future development potential. Buyer may explore alternative development options, including adding multiple Accessory Dwelling Units (ADUs) or pursuing multi-family redevelopment with the potential for up to 14 units (buyer must independently verify with the City of Los Angeles). The property will be delivered fully vacant, allowing immediate renovation or redevelopment.
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Additional Information
- View
- None
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Shaw Mangoli (Shaw@ShawMangoli.com) from Listing Office: Douglas Elliman.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.