1068 S Sherbourne Drive

Los Angeles, CA 90035

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.

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.

Features and Additional Information

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$1,895,000 Active
6 Bed(s)
6
Baths
3,200 sqft

Presented By Desert Lifestyle Properties

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Brokerage
Douglas Elliman
1-310-595-3888
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Area Information

C19 Beverly Center Miracle Mile | Los Angeles County |

$ 1,895,000
This listing is play_arrow 21619.2% higher than the average in the area
$ 8,725 in the area
3,200 SqFt
This listing is play_arrow 32.0% larger than the average in the area
2,425 SqFt in the area
$ 592 $/SqFt
This listing is play_arrow 15718.7% more than the average in the area
$ 4 $/SqFt in the area
166 days on site
This listing is play_arrow 78.5% above the average in the area
93 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Shaw Mangoli
Brokerage: Douglas Elliman

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