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2032 S Shenandoah ST Los Angeles, CA 90034
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Key Details
Sold Price $2,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21768104
Sold Date 10/05/21
HOA Y/N No
Year Built 1953
Lot Size 8,276 Sqft
Property Description
2032 S. Shenandoah Street, a 7-unit multifamily property located in the charming and rapidly developing neighborhood of Pico-Robertson. Situated east of La Cienega Blvd., the subject property is in close proximity to shopping and dining destinations including the revitalized downtown Culver City scene, Miracle Mile, The Grove and Beverly Center. Totaling 7,159 SF in building size spread across two structures, the property is comprised of (1) 4-bdrm. unit, (1) 3-bdrm. unit and (5) 2-bdrm. units. Each bright and spacious unit averages approx. 1,000 SF. The meticulously maintained building requires no seismic retrofitting (buyer to verify) and each unit has been separately metered for gas and electricity. Additionally, the subject property features at least one parking spot per unit. This is a value-add opportunity to investors, as current rents are approx. 27% below market for nicely remodeled units in the area. An investment in 2032 S. Shenandoah allows you to acquire a pride of ownership building in a rental market that is consistently under high demand by young professionals and new households.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Microwave, Refrigerator
Laundry Common Area
Exterior
Parking Features Attached Carport, One Space
Building
Story 2
Others
Senior Community No
Tax ID 4302022007
Special Listing Condition Standard
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Bought with Max Berger • Compass