NOT LISTED FOR SALE

1118 S Shenandoah St Los Angeles, CA 90035

Pico-Robertson Neighborhood

Estimated Value: $1,928,000 - $2,575,210

6 Beds
5 Baths
3,537 Sq Ft
$665/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $1,700,000 $481 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $15,156/month

47 Days on Market

About This Home

As of July 2017

Four unit building in good condition ZONED LAR3 is located on a street where many new buildings were recently built or are under construction. The property is centrally located, with easy access to the nearby neighborhoods of Beverly Hills and Beverlywood and close to freeways, major streets, shopping, restaurants and the commercial business district in the Robertson and Pico area. Front unit was built in 1926 and additional three units were built in 1954, all with permits. Rents are under market. Buyers will exercise due diligence regarding tenants and possible development.

Last Agent to Sell the Property

Darlene Tobin

Rodeo Realty License #01236176 Listed on: 03/15/2017

Rodeo Realty

Last Buyer's Agent

Lois Stone

Rodeo Realty License #01459365

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,315

Year Built

  • Built in 1926

Lot Details

  • 6,390 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 3,537 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 7171
  • Assessor Parcel Number 4332019004

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,148
  • Gardener Expense $960
  • Insurance Expense $5,550
  • Other Expense $5,337
  • Trash Expense $3,372
  • Water Sewer Expense $1,148
  • New Taxes Expense $23,750
  • Operating Expense $37,076
  • Gross Income $400
  • Net Operating Income $46,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,315

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 818-324-5830
  • Other Phone Number: 818-324-5830
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1148.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 4332019004
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 480.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 3372.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6390.00

Multi Family

  • Electric Expense: 1148.00
  • Gross Income: 400.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 5550.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 400.00
  • Net Operating Income: 46752.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15648.00
  • Other Expense: 5337.00
  • Other Expense Description: repairs.
  • Rent Control: Yes
  • Total Actual Rent: 5200.00
  • Total Expenses: 37076.00

Tax Info

  • New Taxes Expense: 23750.00
  • Tax Lot: 74
  • Tax Tract Number: 7171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jul 13, 2017
Sold by
Shakibkhoo Pantea
Bought by
Shommetoub Saman
Seller's Agent
Darlene Tobin
Rodeo Realty
Buyer's Agent
Lois Stone
Rodeo Realty
List Price
$2,300,000
Sold Price
$1,700,000
Premium/Discount to List
-$600,000
-26.09%
Total Days on Market
47
Current Estimated Value
$2,353,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,803
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
May 9, 2017
Sold by
Zaslove Walter H and Zaslove Marlene M
Bought by
Shommetoub Saman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,445,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 2006
Sold by
Zaslove Walter H
Bought by
Zaslove Walter H and Zaslove Marlene M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shommetoub Saman -- Fidelity Sherman Oaks
Shommetoub Saman $1,700,000 Fidelity Sherman Oaks
Zaslove Walter H -- None Available
Zaslove Gary M -- None Available
Zaslove Walter H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shommetoub Saman $1,445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $1,700,000 -26.1% $481 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $2,300,000 -- $650 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,315 $1,896,378 $1,673,277 $223,101
2023 $22,867 $1,859,195 $1,640,468 $218,727
2022 $21,809 $1,822,741 $1,608,302 $214,439
2021 $21,536 $1,787,002 $1,576,767 $210,235
2020 $21,758 $1,768,680 $1,560,600 $208,080
2019 $20,894 $1,734,000 $1,530,000 $204,000
2018 $20,759 $1,700,000 $1,500,000 $200,000
2016 $2,335 $164,600 $89,029 $75,571
2015 $2,306 $162,128 $87,692 $74,436
2014 $2,343 $158,953 $85,975 $72,978
Source: Public Records

Agents Affiliated with this Home

  • Darlene Tobin

    Seller's Agent in 2017

    Darlene Tobin

    Rodeo Realty

    (818) 324-5830

    8 Total Sales

    Darlene Tobin
    Section Image
  • Lois Stone

    Buyer's Agent in 2017

    Lois Stone

    Rodeo Realty

    (818) 251-0260

    36 Total Sales

    Lois Stone
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17053757

California Regional Multiple Listing Service (CRMLS)

APN: 4332-019-004

California Los Angeles County Los Angeles 90035 Pico-Robertson

1118 S Shenandoah St, Los Angeles, CA

This home is located at 1118 S Shenandoah St, Los Angeles, CA 90035 since 15 March 2017 and is currently estimated at $2,353,803, approximately $665 per square foot. This property was built in 1926. 1118 S Shenandoah St is a home located in Los Angeles County with nearby schools including Canfield Avenue Elementary, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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