$2,600,000

1906 S Shenandoah St Los Angeles, CA 90034

Mid-City Neighborhood

Estimated payment $16,236/month

14 Beds
12 Baths
8,456 Sq Ft
$307 Price per Sq Ft

About This Home

Prime Palms/Mid-City 10-Unit Investment! Well-maintained building with (6) one-bedrooms and (4) two-bedrooms, several with private balconies. Quiet residential setting backing to single-family homes with low through-traffic. Strong in-place income with a 5.54% CAP Rate and 11.14 GRM; attractive pricing at $260k/unit (~$307/SF). Below-market rents offer significant mark-to-market upside across all unit types. Rare value-add opportunity in a high-demand rental submarket.

Listing Agent

Errol Spiro

Miller & Desatnik Realty Co. License #00893163 Listed on: 12/03/2025

Co-Listing Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Parking

  • Uncovered Parking

Interior Spaces

  • 8,456 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 12 Bathrooms

Additional Features

  • 8,759 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 4302-021-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 8456
  • Lot Acreage: 0.2011
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 307.47

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 355440
  • Assessed Land Percent: 75
  • Assessed Land Value: 1066339
  • Total Assessed Value: 1421779
  • Assessor Parcel Number: 4302-021-012
  • Lot Size Area: 8759

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 11.14
  • Number Of Units: 10
  • Type Of Units: Apartments

Map

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 List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $2,600,000 -- $307 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25625609

The MLS
California Los Angeles County Los Angeles 90034 Mid-City

1906 S Shenandoah St, Los Angeles, CA

For Sale

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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Errol Spiro
Listing Agent
Errol Spiro
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Miller & Desatnik Realty Co.
(310) 202-9166