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1523 S Shenandoah St, Los Angeles, CA 90035
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1523 S Shenandoah St Los Angeles, CA 90035

$2,385,000 Sold Price as of 08/29/2019
  • 8 Beds
  • 4 Baths
  • 3,748 Sq.Ft.
Sold
$2,385,000 Sold Price as of 08/29/2019 Refinance Your Mortgage
Map preview of 1523 S Shenandoah St, Los Angeles, CA 90035

Property Overview: 1523 S Shenandoah St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,748 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Remodeled 4 unit building in desirable Pico/Robertson neighborhood with beautiful private garden in the back for you or your tenants! 3 out of the 4 units are highly updated with all new kitchen, bath, hardwood floors, stainless steel appliances, recessed lighting, & plumbing. These 3 updated units will be delivered vacant! Each unit is separately metered for gas and electric with its own water heater in unit. Detached garage for parking and semi-private laundry for each floor. NO soft-story retrofit required!! R3 zoned in TOC Tier 2 category approx. 6,500 SF lot. Amazing opportunity in one of the highest rental market in Los Angeles!

Listed by Susan Lau | BRE #01516710 | Coldwell Banker Residential Br
Co-listed by Daniel Eim | BRE #01939245 | Coldwell Banker Residential Br
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19475676
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 17.05
  • Gross Scheduled Income: --
  • Net Operating Income: $87,912
  • Gross Operating Income: $125,725
  • Improvements Total: $530,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1523 S Shenandoah St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 4303002050
Location / Neighborhood
Location Information
  • Directions: West of La Cienega & East of Robertson. 1 block south of Pico
View more facts & features

Local Los Angeles Agent

Sale History for 1523 S Shenandoah St

Last leased for $2,700 on September 2nd, 2021

  • September, 2021

  • Sep 4, 2021

    Date

    Leased

    CRMLS: 21768926

    $2,700

    Price

  • Aug 6, 2021

    Date

    Active

    CRMLS: 21768926

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Our team is proud to represent this spectacular 2 Beds+ 1 Bath apartment unit which is filled with abundance of natural light. The open floor plan is perfect for entertaining and cooking in remodeled kitchen with stainless steel appliances- refrigerator, stove and dishwasher. The spacious living room and dining area are accented with recessed lighting and wooden floors. Two good size bedroom with lots of closet space and there is also the access from the unit to the laundry area. Ideally located in Beverly Hills ADJ! Pico/Robertson. Walking distances to school, shopping and dining.

  • September, 2019

  • Sep 3, 2019

    Date

    Sold

    CRMLS: 19475676

    $2,385,000

    Price

  • Jun 21, 2019

    Date

    Active Under Contract

    CRMLS: 19475676

    $2,200,000

    Price

  • Jun 11, 2019

    Date

    Active

    CRMLS: 19475676

    $2,200,000

    Price

  • August, 2019

  • Aug 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,385,000

    Price

  • October, 2017

  • Oct 10, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1523 S Shenandoah St

Assessed Value (2020): $2,385,000
Year Land Value Improved Value Assessed Value
2020 $985,000 $1,400,000 $2,385,000

Home Value Compared to the Market

This property vs the competition

1523 S Shenandoah St sold on August 29, 2019 for 84.87% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $586.98 per/sqft which puts the price per square foot 22.25% lower than the current median sale per square foot for the city of Los Angeles.

About 1523 S Shenandoah St

Detailed summary of property

1523 S Shenandoah St is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,748 living square feet, and sits on an approximately 6,500 square foot lot. 1523 S Shenandoah St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,385,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 84.87% higher than the current median priced home. Local homes that are currently for sale include 2625 Chariton, 6626 W 6th St and 6416 W 6th St. While the average home in Los Angeles, CA is selling in 92 days, 1523 S Shenandoah St has a days on market of 10 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1523 S Shenandoah St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1523 S Shenandoah St

Public county record property details
Beds
8
Baths
4
Year built
1946
Sq. Ft.
3,748
Lot Size
6,499
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
171
APN
4303-002-050

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
59
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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Recently Sold Homes Near 1523 S Shenandoah St

1526 S Shenandoah St, Los Angeles, CA 90035
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1534 S Shenandoah St, Los Angeles, CA 90035
$4,970,000 Last Sold Price
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1534 S Shenandoah St
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1508-10 S Wooster St, Los Angeles, CA 90035
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1539 S Shenandoah St, Los Angeles, CA 90035
$4,200,000 Last Sold Price
17 Beds
17 Baths
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1539 S Shenandoah St
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.

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