858 S Shenandoah Street
Los Angeles, CA 90035
- – beds
- – baths
- – sqft
- 10,627 sqft lot
- 1963 build
- – on site
Prime investment opportunity at 858 S Shenandoah St, Los Angeles, CA 90035—a 12-unit gem just one block from Beverly Hills! This well-maintained property features spacious 2-bedroom, 2-bathroom units, each averaging over 1,600 sq. ft., offering an exceptional living experience. Residents also benefit from 24 subterranean parking spaces, providing secure and convenient parking in a high-demand area.Situated in the heart of Pico-Robertson, one of LA’s most desirable rental markets, the property is just minutes from Beverly Hills, The Grove, Miracle Mile, Century City, and West Hollywood. Residents enjoy easy access to high-end shopping, acclaimed dining, and top-tier entertainment, as well as major employment hubs like Cedars-Sinai Medical Center and Century City’s business district. This property currently operates at a 4.18% cap rate with a 16.01 GRM, offering a solid investment foundation with 35% upside in rents. With rental adjustments, the pro-forma financials project a 6.30% cap rate and an 11.86 GRM, making this a rare opportunity for investors to maximize returns in one of LA’s most coveted neighborhoods. Strong rental demand, an unbeatable location, and significant upside potential make 858 S Shenandoah St a prime long-term asset!
Last checked:
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Last updated Apr 1, 2025
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MLS# SB25071028 —
The Building
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Year Built:1963
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:19602.00
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Building Area Units:Square Feet
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Total Number Of Units:12
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# of Buildings:1
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Stories Total:4
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:13
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# of Separate Water Meters:1
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# of Separate Electric Meters:13
Interior
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Entry Location:1
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Laundry:Common Area
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Laundry:1
Location
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Directions:Head west on Chalmers Dr then make a right on to Shenandoah St.
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Latitude:34.06126400
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Longitude:-118.38102900
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR3
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Lot Features:Rectangular Lot
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Lot Size Area:10627.0000
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Lot Size Acres:0.2440
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Lot Size SqFt:10627.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2164.02
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Tax Tract:8208
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Tax Lot:46
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4333013030
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:24.00
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Garage Spaces:24.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/25
Apr 1, 2025
|
Listed / Active | CRMLS_CA | $6,829,000 | 5.1% (0.8% / YR) |
|
11/9/18
Nov 9, 2018
|
CRMLS_CA | $6,500,000 |
