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    1421 S Shenandoah Street

    Los Angeles (City), CA 90035
    • $2,900,000
    • STATUS: Active
    • ON SITE: 388 days
    • ID#: 19504890
    UPDATED: 57 min ago
    $2,900,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    2 BED + 1 BATH & 2 BED + 1.5 BATH UNIT IS VACANT! We are pleased to present the Shenandoah Apartments - a six (6) unit multifamily investment opportunity located in the highly sought after Pico-Robertson District. This wood frame stucco building, built in 1956, consists of 5,894 SF of living area and is situated on a 6,499 SF lot zoned [Q]R3-1-O located in a Tier 3 TOC zone. The subject property presents an incredible value-add opportunity for an investor to renovate the units and bring rents up to market value. The property boasts a phenomenal unit mix of Two (2) One Bed / One Bath units, One (1) Two Bed / One Bath unit, One (1) Two Bed / One and a Half Bath unit, One (1) Two Bed / Two Bath unit, and One (1) Three Bed / Two Bath unit. In addition to providing tenants with Twelve (12) parking spaces, the building also has an on-site laundry room with Seller owned washer and dryer units. Each unit comes with newer appliances, a dish washer, and hard wood and tile flooring.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-19T23:25:52.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/98430167
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    1421 S Shenandoah Street Los Angeles (City), CA 90035

    • Price: $2,900,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 19504890
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1956
    Built
    Neighborhood:
    C09 - Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    C09 - Beverlywood Vicinity
    Property Description
    2 BED + 1 BATH & 2 BED + 1.5 BATH UNIT IS VACANT! We are pleased to present the Shenandoah Apartments - a six (6) unit multifamily investment opportunity located in the highly sought after Pico-Robertson District. This wood frame stucco building, built in 1956, consists of 5,894 SF of living area and is situated on a 6,499 SF lot zoned [Q]R3-1-O located in a Tier 3 TOC zone. The subject property presents an incredible value-add opportunity for an investor to renovate the units and bring rents up to market value. The property boasts a phenomenal unit mix of Two (2) One Bed / One Bath units, One (1) Two Bed / One Bath unit, One (1) Two Bed / One and a Half Bath unit, One (1) Two Bed / Two Bath unit, and One (1) Three Bed / Two Bath unit. In addition to providing tenants with Twelve (12) parking spaces, the building also has an on-site laundry room with Seller owned washer and dryer units. Each unit comes with newer appliances, a dish washer, and hard wood and tile flooring.
    Exterior Features

    Lot Size Source Other Lot Size Units Square Feet Parking Features Tandem Garage Parking YN Yes

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Financial Info As Of 2020-08-10 00:00:00 Gross Income 152787.00 Gross Multiplier 18.98 Gross Operating Income 148265.00 Net Operating Income 91769.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 56495.00 Vacancy Allowance Rate 2.00 Zoning Lar3

    Listing provided courtesy of Adrian Stepien of Keller Williams Silicon Beach and Jonathan Prakash of Keller Williams Silicon Beach


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-19T23:25:52.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711