2032 South Shenandoah Street

Los Angeles, CA 90034

$2,500,000
Last Sold Price
17
Beds
10
Baths
7,159 Sq. Ft.
$349 / Sq. Ft.
7,159
Sq. Ft.
$349
per Sq. Ft.

Description

2032 S. Shenandoah Street, 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...2032 S. Shenandoah Street, 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.

Listing Agent

  1. Max Berger

    Max Berger

    Listing Agent

    Compass

    DRE #02054048

    max.berger@compass.com

    P: 818.321.4972

Property Details for 2032 South Shenandoah Street

Zoning
LARD1.5
Cross Streets
S. Shenandoah Street & Cadillac Avenue
Parcel Number
4302022007
Total Units
7.0
Living Area
7159
Source Living Area
Other
Area
Beverlywood Vicinity (C09)
Vacancy Rate
1 Unit

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048

Sold By Compass, Max Berger, DRE #02054048

Add your commute
LISTING UPDATED: 10/05/2021 09:38 AM

Property Details for 2032 South Shenandoah Street

StatusSold
MLS #21-768104
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.20 AC / 8,543 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048

Sold By Compass, Max Berger, DRE #02054048

Add your commute

Building Information for 2032 South Shenandoah Street

Stories2Residences-Year Built1953Building Size-Lot Size0.20 AC / 8,543 SF

Payment Calculator

$16,300 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$2,656

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2032 South Shenandoah Street

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $176,288
  • Net Operating Income: $116,009.00
  • Gross Income: $181,740
  • Cap Rate: 4.46%
  • Gross Rent Multiplier: $14.31
  • Financial Info as Of: 08/02/2021
  • Total Annual Expense: 60279
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1961
  • Lot Size Square Feet: 8543
  • Lot Size Dimensions: 54x157
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Carport Attached, Parking Space
  • Total Parking: 12
  • Covered Parking: 6
  • Open Other Spaces Total: 6
  • Parking Features: Attached Carport, Parking Space
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Built-Ins, Cable, Microwave, Range/Oven, Freezer, Refrigerator
  • Common Walls: Attached
  • Laundry: Community
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-02-2021
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,875.00
  • Unit Actual Rent: $2,875.00
  • Unit Projected Rent: $3,195.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,771.00
  • Unit Actual Rent: $1,771.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,550.00
  • Unit Actual Rent: $2,550.00
  • Unit Projected Rent: $2,550.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,250.00
  • Unit Actual Rent: $2,250.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,040.00
  • Unit Actual Rent: $2,040.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,930.00
  • Unit Actual Rent: $1,930.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,659.00
  • Unit Actual Rent: $1,659.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112

Property History for 2032 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 2032 South Shenandoah Street

Taxable ValueLand$1,738,590Additions$811,410Total$2,550,000
Tax Record2023$31,866 ($2,656 / month)
Home Facts
Total Finished SqFt7,159 SqFtAbove Grade Finished SqFt7,159 SqFtLot Size8,543 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLARD1.5CountyLOS ANGELESAPN4302-022-007

Schools near 2032 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 - 9 to 12
Rating
School
Distance
Shenandoah Street Elementary School
PublicK to 5

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation School
Public9 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.

Similar Homes

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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 Compass, Max Berger, DRE #02054048

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.