Opening page…
Closed
- Listed price
- $3,075,000
- Listed Aug 27, 2021
- Sold price
- $2,950,000
- Sold Oct 27, 2021
5,203 sqft lot|1958 Built|45 MLS days on market
320 S Sherbourne Dr, Los Angeles, CA 90048
Property Description
We are very pleased to exclusively offer for sale for the first time in more than 50 years, eight well-maintained units in the absolute best part of Beverly Grove. Boasting a 93 Walkscore, 320 S. Sherbourne Drive presents the extremely rare opportunity to purchase units in the highly desirable Burton Way Triangle, perfectly positioned between Robertson and La Cienega, 3rd Street and Burton Way. 320 S. Sherbourne boasts 8 large one-bedroom units, steps to Cedars Sinai, The Beverly Center and Beverly Connection, as well around the corner from all the shops on restaurants on both 3rd and Robertson, including The Ivy, Kitson, James Perse, Chanel, The Henry and so much more. The soft story retrofit has been fully completed. Market rents for remodeled units in this area are $3,000+ depending on finishes and furnishings, making 320 S. Sherbourne Drive an excellent value add opportunity for a saavy investor who understands truly how valuable this location is. Current annual income totals over $165,000, Proforma Gross of over $270,000+ per year. Multi-family offerings in this location rarely come available, so this one won't last!
Listing agent: Dana BrodyDRE #01429001dana.brody@marcusmillichap.com, Listing office: Dana Brody
MLS data updated 11/2/2026, 10:34:26 AM PT
Source: CRMLSMLS #: 21777502
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,950,000
Oct 27, 2021
Available records22021
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90048 · 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 90048 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.