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Real Estate Listing at 858 S Shenandoah Street, Los Angeles, CA, 90035 from The Knight Group LA

858 S Shenandoah Street, Los Angeles, CA, 90035

The Knight Group LA
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$6,829,000
1 Day On Site

858 S Shenandoah Street
Los Angeles, CA 90035

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
19,602
SqFt
$348
/SqFt
1963
Built
County:
Los Angeles
Listed by Austin Zahn of Lyon Stahl Investment Real Estate, Inc. austin@lyonstahl.com
Call Now: 503.200.4823
Is this the home for you? We can help make it yours.
503.200.4823
858 S Shenandoah Street858 S Shenandoah Street858 S Shenandoah Street858 S Shenandoah Street
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Monthly Payment (Est.)

$31,157
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Prime investment opportunity at 858 S Shenandoah St, Los Angeles, CA 90035—a 12-unit gem just one block from Beverly Hills! This well-maintained property features spacious 2-bedroom, 2-bathroom units, each averaging over 1,600 sq. ft., offering an exceptional living experience. Residents also benefit from 24 subterranean parking spaces, providing secure and convenient parking in a high-demand area.Situated in the heart of Pico-Robertson, one of LA’s most desirable rental markets, the property is just minutes from Beverly Hills, The Grove, Miracle Mile, Century City, and West Hollywood. Residents enjoy easy access to high-end shopping, acclaimed dining, and top-tier entertainment, as well as major employment hubs like Cedars-Sinai Medical Center and Century City’s business district.This property currently operates at a 4.18% cap rate with a 16.01 GRM, offering a solid investment foundation with 35% upside in rents. With rental adjustments, the pro-forma financials project a 6.30% cap rate and an 11.86 GRM, making this a rare opportunity for investors to maximize returns in one of LA’s most coveted neighborhoods. Strong rental demand, an unbeatable location, and significant upside potential make 858 S Shenandoah St a prime long-term asset!

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Listing Snapshot
Price 
$6,829,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
19,602 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.244 Acres
Year Built 
1963
MLS® Number 
SB25071028
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.244
Garage 
Yes
Garage Spaces 
24
Number Of Stories 
4
Parking Spaces 
24
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
19602
Water Source 
Public
Zoning 
LAR3
Interior Features
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Rectangular Lot
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Sidewalks
Financing Terms Available 
Cash
MLS Area 
C19 - Beverly Center-Miracle Mile
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This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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