See Home Value
$1,759,619*
Multifamily - Off Market

2406 S Shenandoah St

Los Angeles, CA 90034
bedrooms
4 Beds
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,959 ft²
$893/ft²
$1,750,000 Oct 20, 2022
-
-
House
4 Beds
3 Baths
1,813 ft²
$1,020/ft²
$1,850,000 Feb 2, 2023
-
-
House
4 Beds
4 Baths
1,812 ft²
$1,035/ft²
$1,875,000 Jan 11, 2023
-
-
House
3 Beds
2 Baths
1,680 ft²
$1,083/ft²
$1,820,000 Nov 28, 2022
-
-
House
3 Beds
2 Baths
1,508 ft²
$1,226/ft²
$1,849,000 Feb 3, 2023
-
-
House
3 Beds
2 Baths
1,287 ft²
$1,239/ft²
$1,595,000 Jan 9, 2023
-
-
House
3 Beds
3.5 Baths
2,255 ft²
$687/ft²
$1,550,000 Dec 2, 2022
-
$218/mo
House
2 Beds
2 Baths
1,234 ft²
$1,212/ft²
$1,495,000 Nov 30, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220713
07/13/2022
4 Bed
-
-
$1,895,000
bedrooms
4 Bed
bathrooms
-
-
-
-
Chase Simonton
RE/MAX Real Estate

Building Info

2406 South Shenandoah Street 2406 South Shenandoah Street, Los Angeles, CA 90034
More about this Building
2406 South Shenandoah Street
Want to find out who owns 2406 South Shenandoah Street, Los Angeles, CA 90034? Get detailed property transactions here .

About West Los Angeles


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