Sold

1427 S SHENANDOAH Street

Los Angeles CA, 90035

$1,568,000


$241.27 per sqft

Sold

0.15 Acres

Land

Listed by Derrick Vartanian with KW Advisors 310-482-2200

We are pleased to present a prime Pico Robertson duplex located at 1427 S Shenandoah Street--an amazing owner/user opportunity with one unit currently vacant, and the other unit has an executed voluntary vacancy agreement in place (Call Agents for Details). Take advantage of owning your own property in the highly sought after Pico-Robertson district while collecting rent. This property would also be a great multifamily development opportunity especially with the potential of both units being delivered vacant at the close of escrow. This property allows a future investor to build up to 15 units utilizing the TOC Tier 2 program or 8 units by right. The Shenandoah Apartments boast a great unit mix of Two (2) Two Bedroom / One Bath units. In addition to providing tenants with Six (6) parking spaces (3 garage and 3 in the driveway), the building also has a washer and dryer upstairs with washer and dryer hookups downstairs. This wood frame stucco building, built in 1930, consists of 2,694 SF of living area and is situated on a 6,499 SF lot zoned LAR3. Known for its distinct community feel, with shops and restaurants within easy walking distance, the Pico-Robertson neighborhood has become one of the most desirable real estate markets in Los Angeles. The current owner installed a beautiful oak wood staircase that connects the 2 units, turning this duplex into one large unit; however, a door separating the spaces allows a Buyer to rent the 2 units separately as as well (Buyer to verify). In addition, the building has the following upgrades: electrical systems were completely redone with two (2) separate panels, a central HVAC, security system, and gated entry. Lastly, there is a new copper main line.

22156256

MLS ID

May 12, 2022

Listed

March 23, 2024

Updated

Map

1427 S SHENANDOAH Street
Los Angeles CA, 90035

Exterior/Building Features

Lot Size

0.15 Acres

Other Property Details

Area Name

C09 - Beverlywood Vicinity


Days on Market

87


Garage

No


Parking Total

0


View

No


View Description

None


County

Los Angeles


Pool

No


Zoning

LAR3


Buyer Agency Compensation

2%

Listing Contact: 310-482-2200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:46 AM UTC

 

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