855 S Shenandoah St - Apartments FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$2,750,000 USD
310-729-5327
855 S Shenandoah St, Los Angeles, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/13
null | 3.5% Cap Rate

855 S Shenandoah St
Los Angeles, CA 90035
Pico-Robertson


HIGHLIGHTS

  • located less than 300 yards from city of Beverly Hills
  • 1 Upper Unit delivered vacant
  • there are architectural plans for 2 ADU units upon request

OVERVIEW

Partners CRE is proud to exclusively for sale, a rare opportunity to acquire a 4-unit apartment building located less than 300 yards from the City of Beverly Hills! (1 Upper Unit Delivered Vacant!!) The units are all huge with 2 spacious bedrooms, dining room, classic living room and oak hardwood floors. This well-maintained property exudes curb appeal with its elegant stucco exterior, red-tiled roof, and lush landscaping. Situated in a prime, central location, residents will enjoy the convenience of being close to top shopping, dining, and entertainment destinations, while also benefiting from easy access to major thoroughfares. La Cienega Park and Tennis Center are just a few blocks away. ALSO Two ADU's are already designed and approved by the City with construction permits ready to be issued. This would add about $50,000 per year in additional income! Excellent investment opportunity in one of LA's most desirable locations.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$515 USD /SF

# OF UNITS

4

PRICE/UNIT

$687,500

CAP RATE

3.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,403 SF

ZONING

LAR3

APN/PARCEL ID

4333-014-034

ASK ABOUT THIS PROPERTY

Chris ChasinKW Commercial Beverly HillsMore Info
310-729-5327

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Chris ChasinKW Commercial Beverly HillsMore Info
310-729-5327

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