$1,895,000
Est. payment /mo
6 Beds
6 Baths
3,200 SqFt
Active
1068 S Sherbourne DR Los Angeles, CA 90035
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $592
MLS Listing ID 26661059
Bedrooms 6
HOA Y/N No
Year Built 1929
Lot Size 6,168 Sqft
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.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features None
View Y/N No
View None
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4332024022
Special Listing Condition Standard
Listed by Shaw Mangoli Douglas Elliman #01933536
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Chrystal And David Schoenbrun
Realtor/Broker Associate | License ID: 01409474 & 01761327