1937 S Shenandoah St - Apartments FOR SALE


Los Angeles, CA 90034- Mid-City
$2,995,000 USD
310-728-9339
1937 S Shenandoah St, Los Angeles, CA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/12
null | 5.52% Cap Rate

1937 S Shenandoah St
Los Angeles, CA 90034
Mid-City


HIGHLIGHTS

  • Value-Add Opportunity
  • Garage Parking
  • Gated Control Access
  • On Site Laundry Extra Income
  • Multi-Camera Security

OVERVIEW

The Agency is proud to present: 1937 S. Shenandoah Street. A well-maintained 11-unit multifamily property in the highly desirable Pico-Robertson neighborhood, just minutes from Kaiser-Permanente. The property offers a sophisticated investor a compelling value-add opportunity, featuring two vacant units, significant rental upside, and strong long-term appreciation. The property includes a garage with potential for ADU conversion (buyer to verify), ample parking, and a well-balanced unit mix, further enhancing its upside. Situated in a prime central location near Beverly Hills, Century City, and the vibrant dining and shopping along Robertson Boulevard, the property benefits from strong rental demand, immediate cash flow, and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

11

PRICE/UNIT

$272,273

CAP RATE

5.52%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,754 SF

ZONING

LARD1.5

APN/PARCEL ID

4302-020-028

ASK ABOUT THIS PROPERTY

Greg EngelThe AgencyMore Info
310-728-9339

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Greg EngelThe AgencyMore Info
310-728-9339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.