
Closed Listing
7 Units in Pico-Robertson Sold @ 4.69% CAP
2032 s shenandoah st
sold in
Pico-Robertson
Sold At
$
2,500,000
7
Number of Units
1953
Year Built
7,159
SF
Square Footage
8,543
SF
Lot Size
LARD1.5
Zoning
2032 S Shenandoah St, Los Angeles, CA 90034
About the Property
2032 S Shenandoah St, 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.
7
Number of Units
1953
Year Built
7,159
SF
Square Footage
8,543
SF
Lot Size
LARD1.5
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$357,143
Price p/ Sq. ft.
$663
Proforma Cap Rate
6.35%




Contact
Sales agent
Related Listings
MEET THE TEAM