$1,895,000
Est. payment /mo
4 Beds
3,200 SqFt
Active
1068 S Sherbourne Drive Los Angeles, CA 90035
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Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $592
MLS Listing ID CL26661059
Bedrooms 4
HOA Y/N No
Year Built 1929
Lot Size 6,170 Sqft
Acres 0.14
Property Sub-Type OTHER
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
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 4332024022

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Listed by Shaw Mangoli • Douglas Elliman
NEARBY SCHOOL & BUSINESS
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