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Multifamily

2040 S Sherbourne Dr

2040 S Sherbourne Dr, Los Angeles, CA 90034

Listing Price: $3,600,000

Cap Rate
4.26%
Number of Units
6
GRM
14.48
Occupancy
100.0%
Price/Unit
$600,000

Investment Overview

2040 S Sherbourne Dr offers a prospective investor the opportunity to acquire a well located Beverlywood asset with a strong unit mix of all 2 and 3 bedroom units. The property is close to the 10 freeway and within walking distance to numerous economic drivers in Culver City, including Apple's offices and the Platform. The property is 100% leased with 5 of the 6 units have been fully renovated to attract strong tenants.

Investment Highlights

  • Well situated Beverlywood location just off the 10 freeway close to Apple's Culver City office and the Culver City Light Rail Station
  • Desirable unit mix of half 3 bedroom 2 bath units and half 2 bedroom 2 bath units. 5 of 6 units have been fully renovated
  • Well parked building on a quite residential street that attracts high quality tenants

Exclusively Listed By

  • Parham Khoshbakhtian

    First Vice President Investments

    (949) 419-3295

    Email Parham

    License(s): CA: 01446947, NV: S0200970

    Orange County

Financing By

Multifamily

2040 S Sherbourne Dr

Listing Price: $3,600,000

Cap Rate
4.26%
Number of Units
6
GRM
14.48
Occupancy
100.0%
Price/Unit
$600,000

Investment Highlights

  • Well situated Beverlywood location just off the 10 freeway close to Apple's Culver City office and the Culver City Light Rail Station
  • Desirable unit mix of half 3 bedroom 2 bath units and half 2 bedroom 2 bath units. 5 of 6 units have been fully renovated
  • Well parked building on a quite residential street that attracts high quality tenants

Investment Overview

2040 S Sherbourne Dr offers a prospective investor the opportunity to acquire a well located Beverlywood asset with a strong unit mix of all 2 and 3 bedroom units. The property is close to the 10 freeway and within walking distance to numerous economic drivers in Culver City, including Apple's offices and the Platform. The property is 100% leased with 5 of the 6 units have been fully renovated to attract strong tenants.

Exclusively Listed By

  • Parham Khoshbakhtian

    First Vice President Investments

    (949) 419-3295

    Email Parham

    License(s): CA: 01446947, NV: S0200970

    Orange County

Financing By

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