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Closed
- Listed price
- $8,000,000
- Listed Apr 6, 2021
- Sold price
- $7,200,000
- Sold Sep 8, 2021
16,862 sqft lot|1964 Built|30 MLS days on market
1020 S Sherbourne Dr, Los Angeles, CA 90035
Property Description
1020 S. Sherbourne Drive is a multifamily asset ideally located in the coveted Westside enclave of Beverlywood. Owned and operated by the Seller for over 40 years, the property offers a dynamite unit mix consisting of large 1, 2 and 3 bedroom units, all offering significant rental upside. Built in 1964, the property features a large lobby opening to a beautiful central courtyard with a sparkling pool. There is on-site parking for 27 cars and an on-site laundry facility. The unit mix includes (6) 1-bed, 1-bath units, (9) 2-bed, 2-bath units, and (6) 3-bed, 2-bath units. There are also 3 vacant units (a three bedroom and 2 one bedroom), which allow a buyer to immediately renovate and capture a higher rent. Overall, current rents hover significantly below market providing the astute investor with a long-term blueprint to add value and increase income. With a Walkscore of 90, 1020 S. Sherbourne is truly a walkers paradise.
Listing agent: Jonathan TaksaDRE #01366169jon@taksainvestment.com, Listing office: Remax Commercial and Investment Realty
MLS data updated 11/3/2026, 2:53:57 PM PT
Source: CRMLSMLS #: 21715682
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$7,200,000
Sep 8, 2021
Available records22021
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90035 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90035 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.