Property Details
About this Property
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!
MLS Listing Information
MLS #
CRSB25071028
MLS Source
California Regional MLS
Days on Site
144
Parking, School, and Other Information
Garage/Parking
Garage: 24 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
858 S Shenandoah St is a Residential Income in Los Angeles, CA 90035. This – square foot property sits on a 10,627 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,829,000 and was built in 1963. This address can also be written as 858 S Shenandoah St, Los Angeles, CA 90035.
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This listing information is up-to-date as of April 01, 2025. For the most current information, please contact Austin Zahn
