See all 6 photos
$2,600,000
Est. payment /mo
14 Beds
12 Baths
8,456 SqFt
New
1906 S Shenandoah ST Los Angeles, CA 90034
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,456 sqft
Price per Sqft $307
MLS Listing ID 25625609
Bedrooms 14
HOA Y/N No
Year Built 1962
Property Description
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.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LARD2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Exterior
Parking Features Uncovered
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4302021012
Special Listing Condition Standard

Listed by Errol Spiro Miller & Desatnik Realty Co.
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