$4,490,000
SOLD JAN 16, 2018

1123 S Shenandoah St Unit 3 Los Angeles, CA 90035

Pico-Robertson Neighborhood
0.29 Acre
$15,362,849 Price per Acre
12,731 Sq Ft Lot

Recently Sold

6% Below List Price

35 Days on Market

Highlights

  • 12,731 Sq Ft lot
  • Canfield Avenue Elementary Rated A-
  • Views

About This Lot

As of August 2019

RTI development project in Pico Robertson, CA. The existing structures are a six unit apartment building and a duplex on adjacent lots, both of which are vacant. The property comes with fully approved plans for a 15-unit apartment building, with all single story, three-bedroom/two-and-a-half bathrooms units with patios. The first floor features a recreation room as well as a managers office. Plans include: soils and surveys report, architectural, structural, electrical, ventilation, plumbing, HVAC and shoring. The demo permit and building permit are ready to be issued at Buyers cost. All permits and fees are approximately $123,000. The gross buildable area is 24,547-square feet and total rentable area is 12,731-square feet. The project is four stories over one level subterranean garage. Floor plans all consist of larger sized units that are in high demand for this area, especially for families.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 09/26/2017

Last Buyer's Agent

Shah Noorvash

Coldwell Banker Realty License #00695525

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.29 Acre Lot
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 4332-018-035

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4332-018-035
  • Geocode Override: No
  • Lot Size Area: 12731

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $5,250,000 -1.9% --
03/26/2019 03/26/19 For Sale $5,350,000 +19.2% --
01/16/2018 01/16/18 Sold $4,490,000 -6.5% --
09/26/2017 09/26/17 For Sale $4,800,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-274328

The MLS