$1,999,000
SOLD OCT 1, 2014

865 S Shenandoah St Los Angeles, CA 90035

Pico-Robertson Neighborhood
8 Beds
8 Baths
6,924 Sq Ft
6,591 Sq Ft Lot

Recently Sold

$289 Per Sq Ft

9% Below List Price

32 Days on Market

About This Home

As of July 2015

Beautiful Character Mediterranean corner property consists of 8 - spacious 1 bedroom/1 bath units in desirable pocket of Beverly Hills Adjacent Area. Family owned for over 45 years. Custom tile, wrought iron secure entry showcases the building's vintage charm with arches, moldings, beautiful doors,and original hardware. Pride of ownership building to purchase and HOLD. The units boast of hardwood floors, original deco tiled kitchens/baths, generous living rooms w/built-ins and breakfast rooms. Good closets. Improvements include new electrical main panel and sub panel ($ 29,500 in 2013). $133,000 foundation in 1994. Professionally managed. 4 car parking. Storage garages in rear, enchanting rear courtyard. One unit will be delivered vacant. On site laundry. Long term tenants. Oil and mineral rights included in purchase. Wonderful opportunity to own classic building.

Last Agent to Sell the Property

Stacey Babbitt

Coldwell Banker Realty License #01035847 Listed on: 08/21/2014

Coldwell Banker Realty

Last Buyer's Agent

John Hathorn

Compass License #00960182

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Interior Spaces

  • 6,924 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Unassigned Parking

Additional Features

  • 6,591 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 4333-014-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6924
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 303.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Unassigned
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)
  • Electric Expense: 1924.00
  • Water Expense: 3600.00

Fee Information

  • Insurance Expense: 4135.00
  • Maintenance Expense: 3243.00
  • Management Expense: 6253.00
  • Other Expense: 1664.00
  • Trash Expense: 1914.00

Lot Info

  • Assessed Improvement Value: 73843
  • Assessed Land Value: 119043
  • Assessor Parcel Number: 4333-014-026
  • Geocode Override: No
  • Lot Size Area: 6591

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 17.21
  • Number Of Units: 8
  • Rent Control: 100%
  • Total Annual Expense: 53040
  • Type Of Units: Apartments
  • Vacancy Rate: 12.5%

Tax Info

  • Tax Expense: 27487.00

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
07/20/2015 07/20/15 Sold $2,350,000 -12.8% $339 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $2,695,000 +34.8% $389 / Sq Ft
10/01/2014 10/01/14 Sold $1,999,000 -9.1% $289 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $2,199,000 -- $318 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Hathorn

    Seller's Agent in 2015

    John Hathorn

    Compass

    (310) 924-4014

    52 Total Sales

    John Hathorn
    Section Image

  • B

    Seller Co-Listing Agent in 2015

    Brett Silver

    Compass

    Section Image
  • Stacey Babbitt

    Seller's Agent in 2014

    Stacey Babbitt

    Coldwell Banker Realty

    (310) 804-6027

    19 Total Sales

    Stacey Babbitt
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-787495

The MLS
California Los Angeles County Los Angeles 90035 Pico-Robertson

865 S Shenandoah St, Los Angeles, CA

This home is located at 865 S Shenandoah St, Los Angeles, CA 90035 and is currently priced at $1,999,000, approximately $288 per square foot. This property was built in 1930. 865 S Shenandoah St is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and Ralph Waldo Emerson Community Charter Middle School.

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