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815 S Shenandoah St Los Angeles, CA 90035

$7,250,000 Sold Price as of 08/07/2019

5369 Beds
4861 Baths
21,360 Sq.Ft.

Sold

$7,250,000 Sold Price as of 08/07/2019 Refinance Your Mortgage

Map preview of 815 S Shenandoah St, Los Angeles, CA 90035

Property Overview: 815 S Shenandoah St Los Angeles, CA has 5369 bedrooms, 4861 bathrooms, 21,360 living square feet and 10,889 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 815 S. Shenandoah is a charming building situated on a 10,888 square foot lot. The subject property has two (2) one-bedroom / one-bathroom units, nine (9) two-bedroom / two-bathroom units (3 of those units include a Den), and two (2), three-bedroom / two bathroom units. There is also an empty recreational room located in the downstairs lobby that can be converted to a gym, office, or non-conforming unit. On-site parking and laundry facility is also available for tenants.Pico-Robertson is a high-density rental market adjacent to Beverly Hills, Century City, Beverlywood, Miracle Mile, Carthay Square, Mid-City, and West Hollywood. These surrounding areas are major employment centers for the demographic that resides in Pico-Robertson, making it a very commutable area for its residents. The property itself is walking distance to Pico Blvd, which hosts a diversity of restaurants and InternationalMediterranean supermarkets.

Listed by Saadia 'Sam' Liberow | BRE #01933858 | Marcus & Millichap

Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft: 10,889
HOA Dues: $0/mo
Year built: 1971
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19463980
City: Los Angeles
County: Los Angeles
Time on Site: 1346 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 13
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 101
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,100
Total Rent: $3,100
Pro Forma/Market Rent: $3,100

Unit Breakdown 2

# of Units: 301
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,704
Total Rent: $2,704
Pro Forma/Market Rent: $2,850

Unit Breakdown 3

# of Units: 302
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,760
Total Rent: $2,760
Pro Forma/Market Rent: $2,850

Unit Breakdown 4

# of Units: 303
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,378
Total Rent: $2,378
Pro Forma/Market Rent: $3,100

Unit Breakdown 5

# of Units: 304
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,842
Total Rent: $2,842
Pro Forma/Market Rent: $3,600

Unit Breakdown 6

# of Units: 102
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,650
Total Rent: $2,650
Pro Forma/Market Rent: $2,850

Unit Breakdown 7

# of Units: 103
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,795
Total Rent: $2,795
Pro Forma/Market Rent: $2,850

Unit Breakdown 8

# of Units: 104
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,045
Total Rent: $2,045
Pro Forma/Market Rent: $2,500

Unit Breakdown 9

# of Units: 105
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,551
Total Rent: $1,551
Pro Forma/Market Rent: $2,500

Unit Breakdown 10

# of Units: 201
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,328
Total Rent: $2,328
Pro Forma/Market Rent: $2,850

Unit Breakdown 11

# of Units: 202
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,327
Total Rent: $2,327
Pro Forma/Market Rent: $2,850

Unit Breakdown 12

# of Units: 203
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,995
Total Rent: $2,995
Pro Forma/Market Rent: $3,100

Unit Breakdown 13

# of Units: 204
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,600
Total Rent: $3,600
Pro Forma/Market Rent: $3,600

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 18.24
Gross Scheduled Income: --
Net Operating Income: $241,208
Gross Operating Income: $398,909

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 815 S Shenandoah St

Interior Features

Cooling Information

Has Cooling
Central Air

Kitchen Information

Has Appliances
Refrigerator

Lot Details / Garage and Parking

Property Information

Total # of Units: 13
Parcel Number: 4333014040

Location / Neighborhood

Location Information

Directions: The property is conveniently located two blocks east of Robertson Blvd, south of Wilshire Blvd.

View more facts & features

Local Los Angeles Agent

Sale History for 815 S Shenandoah St

Last sold for $7,250,000 on August 7th, 2019

August, 2019
Aug 7, 2019

Date

Sold

CRMLS: 19463980

$7,250,000

Price
Jun 17, 2019

Date

Active Under Contract

CRMLS: 19463980

$7,500,000

Price
May 8, 2019

Date

Active

CRMLS: 19463980

$7,500,000

Price
August, 2019
Aug 7, 2019

Date

Sold (Public Records)

Public Records

$7,250,000

Price
December, 2006
Dec 21, 2006

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 815 S Shenandoah St

Assessed Value (2020): $7,250,510

Year	Land Value	Improved Value	Assessed Value
2020	$4,000,000	$3,250,510	$7,250,510

Home Value Compared to the Market

This property vs the competition

815 S Shenandoah St sold on August 7, 2019 for 569.64% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $351.12 per/sqft which puts the price per square foot 51.5% lower than the current median sale per square foot for the city of Los Angeles.

About 815 S Shenandoah St

Detailed summary of property

815 S Shenandoah St is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 5369 bedrooms, 4861 bathrooms, roughly 21,360 living square feet, and sits on an approximately 10,889 square foot lot. 815 S Shenandoah St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $7,250,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 569.64% higher than the current median priced home. Local homes that are currently for sale include 201 N Normandie Ave, 11666 Mayfield Ave and 520 S Kenmore Ave. While the average home in Los Angeles, CA is selling in 106 days, 815 S Shenandoah St has a days on market of 30 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 815 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 815 S Shenandoah St

Public county record property details

Beds: --
Baths: --
Year built: 1971
Sq. Ft.: 21,360
Lot Size: 10,888
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 41,42
APN: 4333-014-040

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

$1,375,000

Median List Price/Sq.Ft.

$785

Median Sold Price

$1,699,500

Median Sold Price/Sq.Ft.

$747

Total Inventory

Median Sale to List Price %

97.17%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (8.33%)

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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.