Pending

1534 S Shenandoah Street

Los Angeles, CA 90035
Mark as Favorite
Bed 21

Bed

Bath 0

Bath

SqFt15,326

Sqft

SqFt13,006

Sqft(Lot)

1534 Shenandoah presents a well-maintained Westside asset with strong in-place financials and clear upside potential. The property offers an attractive 5.76% going-in cap rate, supported by ownership's consistent track record of raising rents and executing tasteful unit renovations upon turnover. A new owner can continue this proven strategy to further enhance income. Additional NOI growth is available through the continued rollout of a utility bill-back program, currently implemented in 13 of the 20 units (65%), allowing for the gradual transfer of utility costs to tenants as units turn. The property also benefits from a highly desirable and diversified unit mix of eleven 1-bedroom/1-bath units, five 2-bedroom/2-bath units, three 1-bedroom/1-bath ADUs, and one 0-bedroom/1-bathroom ADU app ealing to a broad tenant base and helping stabilize long-term occupancy. Ideally located in the heart of Pico-Robertson, the asset offers central Westside access to major employment hubs including Century City and Santa Monica, while being just one mile from the dining, entertainment, and walkable amenities of Downtown Culver City. The property is further enhanced by convenient on-site parking at the front of the building, a highly desirable amenity for tenants in this dense urban submarket. Please note, the property square footage includes the additional square footage from the four (4) ADU units (Buyer to verify all details related to actual building square footage). The property consists of sixteen (16) regular units and four (4) ADU units.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,995,000

AD Id : 75936353

MLS Id : 26661085

Beds : 21

Lot Size : 13,006 Sqft

Living Area Size : 15,326

Year Built : 1964

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 21

    Bathroom Information

    Total Baths: 24 Full Baths: 0 Half Baths: 0
  • Heating Source

    None Has Heating

  • Building Information

    Year Built: 1964 Building Area Total: 15,326

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2986
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 13006

  • Listing Price Information

    Original List Price: 5,995,000 Listing Contract Date: 2026-03-06
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4303012041

  • Garage and Parking

    Garage Description: Assigned,Garage,Tandem,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: C09 - Beverlywood Vicinity Directions: Near the corner of S Shenandoah St and Pickford St. Zoning: LAR3 Source Property Type: Residential Income Area: C09 - Beverlywood Vicinity
  • Building and Construction

    Property Age: 62 Year Built Source: Vendor Enhanced Total Square Feet Living: 15326 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1064 S Hayworth Avenue, Los Angeles, CA, 90035 $1,999,999 6 -- 4,522 4,522 SqFt
1122 S Hayworth Avenue, Los Angeles, CA, 90035 $1,795,000 4 -- 2,962 2,962 SqFt
1110 Hi Point Street, Los Angeles, CA, 90035 $2,195,000 4 2 2,244 2,244 SqFt
1153 Hi Point Street, Los Angeles, CA, 90035 $1,995,000 3 -- 1,822 1,822 SqFt
1161 Stearns Drive, Los Angeles, CA, 90035 $17,850 6 5 3,333 3,333 SqFt
1444 Hi Point Street, Los Angeles, CA, 90035 $1,399,999 3 2 1,971 1,971 SqFt
1124 Alvira Street, Los Angeles, CA, 90035 $1,995,000 3 2 2,385 2,385 SqFt
6501 Whitworth Drive, Los Angeles, CA, 90035 $2,995,000 4 1 2,885 2,885 SqFt
1601 S Hayworth Avenue, Los Angeles, CA, 90035 $1,595,000 7 -- 5,634 5,634 SqFt
1420 Stearns Drive, Los Angeles, CA, 90035 $18,500 5 4 2,701 2,701 SqFt

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ByOwner last updated this listing 06/24/2026 @ 00:30

MLS: 26661085 LISTED BY: Saadia 'Sam' Liberow, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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