858 S Shenandoah Street, Los Angeles, CA 90035 - MLS#SB25071028

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$6,829,000

Est. payment - /mo

8 Beds

8 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25071028

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

Prime investment opportunity at 858 S Shenandoah St, Los Angeles, CA 90035a 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 LAs 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 Citys 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 LAs 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

Zoning Public Rec

Direction Head west on Chalmers Dr then make a right on to Shenandoah St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 4

Level or Stories 4

Others

Tax ID 4333013030

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Listed by Austin Zahn Lyon Stahl Investment Real Estate, Inc.

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

858 S Shenandoah Street Los Angeles, CA 90035

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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