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1017 S Shenandoah St
Los Angeles, CA 90035
Multifamily Property For Sale
·
21 Units
Investment Highlights
- Located in the Pico-Robertson neighborhood near Beverly Hills and Century City.
- Zoned LAR3, providing potential for future redevelopment or expansion.
- Six-unit building with a mix of studio, one-, two-, and three-bedroom floor plans.
- Close to major employment centers, retail corridors, and transportation routes.
Executive Summary
Discover 1017 S Shenandoah St, a charming 6-unit multifamily building in Pico-Robertson. This well-maintained property offers a diverse unit mix, including one studio, three 1-bedroom units, one 2-bedroom unit, and one spacious 3-bedroom unit, all fully occupied. Situated in a vibrant neighborhood, residents enjoy proximity to amenities like restaurants, coffee shops, and grocery stores. Nearby attractions such as La Cienega Park and the Beverly Center offer recreation and shopping options. The property's strategic location provides easy access to major freeways, ensuring seamless commutes. Constructed in 1955 on a 6,010 square foot lot, it combines timeless charm with modern conveniences. Investors will benefit from stable cash flow and the potential for future appreciation in this thriving area. Don't miss this opportunity to own a piece of Los Angeles real estate in a prime location known for its community feel and urban conveniences.
Property Facts
| Price Per Unit | $95,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 3.21% | Building Size | 5,056 SF |
| Gross Rent Multiplier | 14.97 | Average Occupancy | 100% |
| No. Units | 21 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 0.99/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 - Residential | ||
| Price Per Unit | $95,000 |
| Sale Type | Investment |
| Cap Rate | 3.21% |
| Gross Rent Multiplier | 14.97 |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,056 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | LAR3 - Residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,616 | - |
| 1+1 | 11 | $1,570 | - |
| 3+2 | 3 | $3,327 | - |
| Studios | 6 | $1,446 | - |
Property Taxes
| Parcel Number | 4332-017-015 | Improvements Assessment | $111,517 |
| Land Assessment | $87,743 | Total Assessment | $199,260 |
Property Taxes
Parcel Number
4332-017-015
Land Assessment
$87,743
Improvements Assessment
$111,517
Total Assessment
$199,260
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