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For SaleLuxury

$1,895,000

3,200 sqft$592/sqft209 days on market

1068 S Sherbourne Drive

Los Angeles, CA 90035

· 8% down, 7% APR, 30yr fixed

6

Beds

6

Baths

3,200

Square feet

1929

Built

Listing narrative

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.

Listing agent (MLS): Shaw Mangoli · Listing brokerage (MLS): Christie's International Real Estate SoCal

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,895,000

Beds

6 bd

Type

House

Home Size

3,200 sqft

Baths

6

Lot Size

0.14 acres

Year

1929

Status

For Sale

Days on Market

209

$ / Sqft

$592

· 8% down, 7% APR, 30yr fixed
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Courtesy of Christie's International Real Estate SoCal