CA > Los Angeles
Los Angeles, CA 90035,858 S Shenandoah Street
Los Angeles, CA 90035,858 S Shenandoah Street
Los Angeles, CA 90035,858 S Shenandoah Street
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$6,829,000
Est. payment /mo
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19,602 SqFt
Active

858 S Shenandoah Street Los Angeles, CA 90035

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 19,602 sqft

Price per Sqft $348

MLS Listing ID CRSB25071028

HOA Y/N No

Year Built 1963

Lot Size 10,627 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

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!

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

Building

Lot Description Other

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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