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1947 S Shenandoah St, Los Angeles, CA 90034
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1947 S Shenandoah St Los Angeles, CA 90034

$1,900,000
  • 9 Beds
  • 10 Baths
  • 6,816 Sq.Ft.
For Sale
$1,900,000 Get Pre-Qualified
Map preview of 1947 S Shenandoah St, Los Angeles, CA 90034

Property Overview: 1947 S Shenandoah St Los Angeles, CA has 9 bedrooms, 10 bathrooms, 6,816 living square feet and 8,705 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to offer for sale an incredible multifamily asset located at 1947 S Shenandoah St. 1947 S Shenandoah is a 10-unit apartment building located in the highly coveted Palms submarket on LA's Westside. The property was built in 1954 and comprises (9) 1-bedroom units and (1) studio unit. Gross square footage of the building is 6,816, while the parcel itself covers 8,703 square feet with an RD1.5 zoning designation. There are on-site laundry facilities and assigned parking at the rear of the building. 1947 S Shenandoah is just two blocks east of Robertson Boulevard with its myriad restaurants, coffee shops, stores, and services. The property is also six short blocks west of the Kaiser Permanente West Los Angeles Medical Center. Tenants further have easy access to the 10 and 405 freeways via La Cienega Boulevard allowing short commutes throughout the greater LA area. 1947 S Shenandoah is also within walking distance of many nearby houses of worship. This offering presents the astute investor with a fantastic opportunity to purchase a well-maintained, family-owned asset in a great Westside location at a very reasonable basis with much room for growth.

Listed by Robert Renshaw | BRE #01332831 | REMAX COMMERCIAL & INVESTMENT REALTY
Last checked: 1 minute ago | Last updated: September 19th, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
8,705
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24438697
City
Los Angeles
County
Los Angeles
Time on Site
7 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,251
  • Total Rent: $1,251
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,268
  • Total Rent: $11,411
  • Pro Forma/Market Rent: $18,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.84%
  • Gross Rent Multiplier: 12.5
  • Gross Scheduled Income: --
  • Net Operating Income: $91,866
  • Gross Operating Income: $148,394
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1947 S Shenandoah St

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Property Details for 1947 S Shenandoah St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 10
  • Parcel Number: 4302020026
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Sawyer St & Guthrie Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1947 S Shenandoah St

Last sold on July 8th, 1997

  • September, 2024

  • Sep 11, 2024

    Date

    Active

    CRMLS: 24438697

    $1,900,000

    Price

  • July, 1997

  • Jul 8, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1947 S Shenandoah St

Assessed Value (2020): $507,463
Year Land Value Improved Value Assessed Value
2020 $278,590 $228,873 $507,463

Home Value Compared to the Market

This property vs the competition

1947 S Shenandoah St is listed 58.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $278.76 per/sqft which puts the price per square foot 63.7% lower than the median price per square foot for the city of Los Angeles.

About 1947 S Shenandoah St

Detailed summary of property

1947 S Shenandoah St is a multi family located in Los Angeles, CA 90034 and is currently for sale. This multi family property offers 9 bedrooms, 10 bathrooms, roughly 6,816 living square feet, and sits on an approximately 8,705 square foot lot. 1947 S Shenandoah St was first listed on ArdentRealEstateGroup.com on September 11, 2024. The homeowner is currently asking $1,900,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 58.33% higher than the median priced home. Local competing homes currently for sale include 1243 S La Cienega Blvd, 5869 Dauphin Ave and 8673 W Olympic Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1947 S Shenandoah St has a days on market of 8 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1947 S Shenandoah St Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1947 S Shenandoah St

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
6,816
Lot Size
8,702
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
79
APN
4302-020-026

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,695,000
Median List Price/Sq.Ft.
$898
Median Sold Price
$1,480,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
70
Median Sale to List Price %
105.79%
Avg Days on Market
29
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (12.5%)

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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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