Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 6 BR |
| Bathrooms: | 6 |
| Area: | 6170 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,895,000
Listing Courtesy of Douglas Elliman
1068 S Sherbourne Dr 6BR Beverlywood La
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.
Neighborhood
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.