6-Bedroom ResidentialIncome — 1068 S Sherbourne Drive, Los Angeles, CA
$1,895,000
1068 S Sherbourne Drive, Los Angeles, CA
About this property
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.
Property details
Location
1068 S Sherbourne Drive • Los Angeles, CA 90035
Listed by
Shaw Mangoli · Douglas Elliman