1427 South Shenandoah Street

Los Angeles, CA 90035

$1,568,000
Last Sold Price
4
Beds
2
Baths
2,694 Sq. Ft.
$582 / Sq. Ft.
2,694
Sq. Ft.
$582
per Sq. Ft.

Description

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...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.
  1. Listed by Derrick Vartanian • DRE #01816119 • Brokerage DRE #01854200 • KW Advisors
  2. Listed by Jonathan Prakash • DRE #01483131 • Brokerage DRE #01854200 • KW Advisors

Property Details for 1427 South Shenandoah Street

Zoning
LAR3
Parcel Number
4303010032
Total Units
2.0
Living Area
2694
Source Living Area
Assessor
Area
Beverlywood Vicinity (C09)
Vacancy Rate
50
Lot Size Area
6499

Location

Listing Courtesy of KW Advisors, Derrick Vartanian, DRE #01816119; KW Advisors, Jonathan Prakash, DRE #01483131

Sold By Uzan Realty, Cliff Uzan, DRE #01003985

Add your commute
LISTING UPDATED: 01/09/2023 09:51 AM

Property Details for 1427 South Shenandoah Street

StatusSold
MLS #22-156215
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.15 AC / 6,499 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Advisors, Derrick Vartanian, DRE #01816119; KW Advisors, Jonathan Prakash, DRE #01483131

Sold By Uzan Realty, Cliff Uzan, DRE #01003985

Add your commute

Building Information for 1427 South Shenandoah Street

Stories2Residences-Year Built1930Building Size-Lot Size0.15 AC / 6,499 SF

Payment Calculator

$9,428 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,557

Property Taxes

$871

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1427 South Shenandoah Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2+1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $93,120
  • Net Operating Income: $58,505.00
  • Gross Income: $96,000
  • Gross Rent Multiplier: $15.63
  • Total Annual Expense: 34615
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1492
  • Lot Size Square Feet: 6499
Parking Details
Parking Details
  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 6
  • Open Other Spaces Total: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage - Three Door, Driveway
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Stackable W/D Hookup, Washer, Dryer
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-12-2022
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $9,600.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $9,600.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $140,485.00
  • Assessed Improvement Percent: 17.35
  • Assessed Land Value: $669,012.00
  • Assessed Land Percent: 82.65
  • Assessed Total Value: $809,497.00

Property History for 1427 South Shenandoah Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1427 South Shenandoah Street

Taxable ValueLand$696,039Additions$146,159Total$842,198
Tax Record2023$10,450 ($871 / month)
Home Facts
Total Finished SqFt2,694 SqFtAbove Grade Finished SqFt2,694 SqFtLot Size6,499 SqFtStyleDuplexYear Built1930ZoningLAR3CountyLOS ANGELESAPN4303-010-032

Schools near 1427 South Shenandoah Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Canfield Avenue Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Advisors, Derrick Vartanian, DRE #01816119; KW Advisors, Jonathan Prakash, DRE #01483131

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.