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6605 S Sherbourne Dr

3,063 SF Speciality Building Offered at £1,879,920 at a 3.50% Net Initial Yield in Los Angeles, CA 90056

Executive Summary

"Furnished" Residential Income Property near LAX, Silicon Beach ( Playa Vista, Venice Beach). Less than 4 miles to LAX. ~12 miles to downtown Los Angeles, ~10 miles to UCLA, less than 7 miles to the nearest beach. This has been rented out to long term tenants through insurance placement agencies as well as entertainment agencies. Cost Segregation report available upon request.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,879,920 Building Class C
Price Per SF £614 Lot Size 0.21 AC
Sale Type Investment or Owner User Building Size 3,063 SF
Net Initial Yield 3.50% Number of Floors 1
Sale Conditions
1031 Exchange
  • Business Value Included
 Year Built/Renovated 1961/2022
Property Type Speciality Parking Ratio 0.98/1,000 SF
Property Subtype Residential Income
Price £1,879,920
Price Per SF £614
Sale Type Investment or Owner User
Net Initial Yield 3.50%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Speciality
Property Subtype Residential Income
Building Class C
Lot Size 0.21 AC
Building Size 3,063 SF
Number of Floors 1
Year Built/Renovated 1961/2022
Parking Ratio 0.98/1,000 SF

About 6605 S Sherbourne Dr , Los Angeles, CA 90056

This beautifully renovated 5 bedroom / 4 full bathroom home in Ladera Heights is fully furnished with a well-stocked kitchen, HIGH-SPEED FIOS internet in a close proximity to downtown Culver City, Silicon Beach companies in Venice, Playa Vista, Culver City, Downtown LA. Less than 4 miles to LAX, ~12 miles to downtown LA, ~10 miles to UCLA, less than 7 miles for the nearest Beach. There are total 4 bathrooms on the property. Huge Backyard space. Minimum stay of 30 days or more. Fully Furnished. Two fireplaces on the property. Central AC / Heating. Solar Panels.

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zoning

Zoning Code LCR1YY (Residential)
LCR1YY (Residential)
(213) 259-3914

Contact

  • Jamie Park
    Jamie Park
  • Jamie Park

  • Listing ID: 33208250

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 6605 S Sherbourne Dr, Los Angeles, CA 90056

The Speciality Property at 6605 S Sherbourne Dr, Los Angeles, CA 90056 is currently available for sale. Contact Jamie Park for more information.

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6605 S Sherbourne Dr
(213) 259-3914 x

6605 S Sherbourne Dr

Jamie Park

(213) 259-3914

(213) 259-3914

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