NOT LISTED FOR SALE

1534 S Shenandoah St Los Angeles, CA 90035

Pico-Robertson Neighborhood
21 Beds
21 Baths
13,126 Sq Ft
0.3 Acres

Last Sold March 23, 2021

Last sale price $4,970,000 $379 Per Sq Ft

7 Days on Market

Highlights

  • 0.3 Acre Lot
  • Laundry Room
  • 5-minute walk to Robertson Recreational Park
  • Canfield Avenue Elementary Rated A-

About This Home

As of March 2021

For sale is an incredible multifamily asset at 1534 S Shenandoah St in the coveted Westside enclave of Beverlywood at just $328,125 per unit! 1534 S Shenandoah sits just a block and a half east of Robertson Blvd and two blocks south of Pico Blvd, both of which are glittered with restaurant and retail hotspots. With a Walkscore of 91, Shenandoah is truly a walkers paradise. Built in 1964, the property features a secured lobby opening to a beautiful central courtyard. There is on-site parking for 25 cars and an on-site laundry facility. The unit mix includes (11) 1-bed, 1-bath units and (5) 2-bed, 2-bath units. There are also 3 vacant units allowing a buyer to immediately renovate and capture significant rental upside. Overall, current rents hover significantly below market providing the astute investor with a long-term blueprint to add value and increase income.

Last Agent to Sell the Property

Rob Renshaw

REMAX COMMERCIAL & INVESTMENT REALTY License #01332831 Listed on: 01/12/2021

REMAX COMMERCIAL & INVESTMENT REALTY

Last Buyer's Agent

Sam Liberow

Marcus & Millichap License #01933858

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot

Home Design

  • Flat Roof Shape

Interior Spaces

  • 13,126 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 21 Bathrooms

Parking

  • 25 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4303-012-041

Community Details

Overview

  • 16 Units
  • Low-Rise Condominium

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Low Rise
  • Street Number Display: Yes
  • Advertising Remarks: For sale is an incredible multifamily asset at 1534 S Shenandoah St in the coveted Westside enclave of Beverlywood at just $328,125 per unit! 1534 S Shenandoah sits just a block and a half east of Robertson Blvd and two blocks south of Pico Blvd, both of which are glittered with restaurant and retail hotspots. With a Walkscore of 91, Shenandoah is truly a walkers paradise. Built in 1964, the property features a secured lobby opening to a beautiful central courtyard. There is on-site parking for 25 cars and an on-site laundry facility. The unit mix includes (11) 1-bed, 1-bath units and (5) 2-bed, 2-bath units. There are also 3 vacant units allowing a buyer to immediately renovate and capture significant rental upside. Overall, current rents hover significantly below market providing the astute investor with a long-term blueprint to add value and increase income.
  • Living Area: 13126
  • Lot Acreage: 0.2985
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 21
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 21.00
  • Price Per S Q F T: 399.97

Exterior Features

  • Other Structures: None
  • Roof: Flat

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 25

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 76.00
  • Assessed Improvement Value: 621168
  • Assessed Land Percent: 24
  • Assessed Land Value: 196179
  • Total Assessed Value: 817347
  • Assessor Parcel Number: 4303-012-041
  • Lot Size Area: 13003

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.70
  • Number Of Units: 16
  • Rent Control: 100
  • Total Annual Expense: 92726
  • Type Of Units: Residential
  • Vacancy Rate: 19%

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
03/23/2021 03/23/21 Sold $4,970,000 -5.3% $379 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $5,250,000 -- $400 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rob Renshaw

    Seller's Agent in 2021

    Rob Renshaw

    RE/MAX

    (424) 293-4770

    1 in this area

    24 Total Sales

    Rob Renshaw
    Section Image
  • Sam Liberow

    Buyer's Agent in 2021

    Sam Liberow

    Marcus & Millichap

    (718) 406-3128

    5 in this area

    58 Total Sales

    Sam Liberow
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-679590

The MLS

California Los Angeles County Los Angeles 90035 Pico-Robertson

1534 S Shenandoah St, Los Angeles, CA

This home is located at 1534 S Shenandoah St, Los Angeles, CA 90035 since 12 January 2021. This property was built in 1964. 1534 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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