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$1,759,619*
●
Multifamily -
Off Market
2406 S Shenandoah St
Los Angeles, CA 90034
4 Beds
0 Bath
$1,553,000 - $1,897,000
Reference Base Price*
2.01%
Since Jun 1, 2023
CA-Los Angeles
Primary Model
About This Property
Owner Occupy eviction moratorium is officially lifted! This
gorgeous 4-unit Multi-family asset is located in Palms, West Los
Angeles. The Property boasts a desirable unit mix of one(1)
two-bedroom front house, two(2) one-bedroom units and one(1)
studio. The front house has wonderful flow with vaulted ceilings
and an open concept kitchen that feels very spacious. The front
entrance patio opens up to a Japanese zen-style garden. There is
also a separate entrance back patio with large bench seating
perfect for guests. The owners previously lived in the building and
you can feel the care and high end quality craftsmanship they
invested into the unit. This outstanding craftsmanship does not
just stop in the owners unit, as even the common area courtyard
consists of carefully crafted carpentry throughout. A Savvy
investor can also add an Accessory Dwelling Unit(ADU) in the vacant
2 car garage currently used for owner storage. This is an extremely
well maintained property and still a true value add investment with
over 40% upside in the current rents. This is a great entry level
investment that qualifies for attractive low down payment
Residential Financing. Reside in one unit and collect income from
the remaining units now that the owner/user eviction moratorium is
officially lifted. Please do not disturb the tenants. All showings
will be subject to an accepted offer. This property is subject to
LA city rent control. Buyer to verify legality of units and actual
square footage.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1939
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 20, 2023 | No longer available | - | |
No longer available | |||
Feb 3, 2023 | Relisted | $1,725,000 | |
Relisted | |||
Jan 31, 2023 | In contract | - | |
In contract | |||
Sep 28, 2022 | Price Decreased |
$1,725,000
↓ $170K
(9%)
|
|
Price Decreased | |||
Jul 13, 2022 | Listed | $1,895,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
3
Baths
1,813 ft²
$1,020/ft²
$1,850,000
Feb 2, 2023
-
-
In Contract
House
4
Beds
4
Baths
1,812 ft²
$1,035/ft²
$1,875,000
Jan 11, 2023
-
-
Active
House
3
Beds
2
Baths
1,680 ft²
$1,083/ft²
$1,820,000
Nov 28, 2022
-
-
In Contract
House
3
Beds
3.5
Baths
2,255 ft²
$687/ft²
$1,550,000
Dec 2, 2022
-
$218/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/13/2022
|
|
4 Bed
|
-
|
-
|
$1,895,000
4 Bed
-
|
-
-
|
-
|
Chase Simonton
RE/MAX Real Estate
|
Building Info
2406 South Shenandoah Street
2406 South Shenandoah Street, Los Angeles, CA 90034
About West Los Angeles
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