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    1421 S Shenandoah St

    Los Angeles, CA 90035
    • $2,900,000
    • STATUS: Active
    • ON SITE: 399 days
    • ID#: 19-504890
    UPDATED: 60 min ago
    $2,900,000
    • 11
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,894
      SQFT
    • $492
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    PROPERTY 50% VACANT - 2BR+1.5BA, 2BR+1BA & 1BR+1BA! We are pleased to present the Shenandoah Apartments - a six (6) unit multifamily investment opportunity located in the highly sought after Pico-Robertson District. This wood frame stucco building, built in 1956, consists of 5,894 SF of living area and is situated on a 6,499 SF lot zoned [Q]R3-1-O located in a Tier 3 TOC zone. The subject property presents an incredible value-add opportunity for an investor to renovate the units and bring rents up to market value. The property boasts a phenomenal unit mix of Two (2) One Bed / One Bath units, One (1) Two Bed / One Bath unit, One (1) Two Bed / One and a Half Bath unit, One (1) Two Bed / Two Bath unit, and One (1) Three Bed / Two Bath unit. In addition to providing tenants with Twelve (12) parking spaces, the building also has an on-site laundry room with Seller owned washer and dryer units. Each unit comes with newer appliances, a dish washer, and hard wood and tile flooring.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T23:42:43.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/98429427
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    1421 S Shenandoah St Los Angeles, CA 90035

    • Price: $2,900,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 19-504890
    11
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,894
    SQFT
    $492
    $/SQFT
    1956
    Built
    Neighborhood:
    Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    Beverlywood Vicinity
    Property Description
    PROPERTY 50% VACANT - 2BR+1.5BA, 2BR+1BA & 1BR+1BA! We are pleased to present the Shenandoah Apartments - a six (6) unit multifamily investment opportunity located in the highly sought after Pico-Robertson District. This wood frame stucco building, built in 1956, consists of 5,894 SF of living area and is situated on a 6,499 SF lot zoned [Q]R3-1-O located in a Tier 3 TOC zone. The subject property presents an incredible value-add opportunity for an investor to renovate the units and bring rents up to market value. The property boasts a phenomenal unit mix of Two (2) One Bed / One Bath units, One (1) Two Bed / One Bath unit, One (1) Two Bed / One and a Half Bath unit, One (1) Two Bed / Two Bath unit, and One (1) Three Bed / Two Bath unit. In addition to providing tenants with Twelve (12) parking spaces, the building also has an on-site laundry room with Seller owned washer and dryer units. Each unit comes with newer appliances, a dish washer, and hard wood and tile flooring.
    Exterior Features

    Lot Size Area 6499 Other Structures None Parking Garage Tandem Total Parking 12

    Interior Features

    Baths Total 9.00 Cooling None Equipment Other Heating Wall Gas

    Property Features

    Gross Income 169157 Gross Operating Income 164184 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 108829.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Title Company Source Lot Size Area Other Total Annual Expense 55355 Type Of Units 123 Bed Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Adrian Stepien DRE#01979555 of Keller Williams Silicon Beach.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T23:42:43.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377