835 S Sherbourne Dr, Pico-Robertson, LA, CA

SOLD | 13-Unit Los Angeles Investment Property | Represented by Sharlot Arabshahi

Another successful closing by Sharlot Arabshahi, your trusted Realtor in Beverly Hills and greater Los Angeles. This exceptional 13-unit residential investment property has officially sold.

Situated on a 0.28-acre lot and encompassing 11,558 sq ft of living space, this multi-family asset presented a rare opportunity for investors seeking scale, flexibility, and long-term growth potential in the Los Angeles market. Offered for sale for the first time in over 51 years, the property featured a highly desirable unit mix of eight 1-bedroom units, four 2-bedroom units, and one spacious 3-bedroom residence.

The property’s strong investment appeal was further enhanced by the fact that nine of the thirteen units were vacant at the time of sale, creating significant opportunities for modernization, repositioning, and income growth. Additional highlights included traditional architectural design, wood flooring, private balconies, a four-car attached garage, and separately metered gas and electricity services. Its location near parks and highly rated schools added further value for both current and future residents.

Sold on May 24, 2024, after 177 days on the market, the property closed at approximately $420 per square foot. The combination of substantial rental upside, attractive unit mix, and prime Los Angeles location made this a highly sought-after investment opportunity.

From strategic marketing and buyer outreach to negotiations and closing, Sharlot Arabshahi managed every aspect of the transaction with the expertise and dedication that have contributed to more than $700 million in career sales.

Whether you’re looking to buy, sell, or invest in residential and multi-family real estate throughout Los Angeles and Beverly Hills, Sharlot Arabshahi delivers results you can trust.

📞 Call (310) 756-4814 or visit sharlotshahi.net