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1026 S Shenandoah St
Off-Market Call for Pricing
Call for Pricing
- 6 Units
- 5,294 Sq Ft
- 7,055 Sq Ft
- Unknown Cap Rate
Description
Pride of ownership, this 6 unit building consists of two 2/2, and four 1/1 units. It is located near the Olympic-Robertson area, just west of La Cienega Blvd. This area is highly desirable as tenants are easy to find. The building has been professionally maintained with a majority of the units collecting top of market rental income. Most of the units have real hardwood floors, shaker cabinets, granite countertops, updated kitchens, bathrooms, and closets. Additionally, the plumbing, sewer lines and electrical lines have been updated. Also, it has 6 covered parking spaces with storage in the back, and a community laundry room, with space for possible ADU/addition. The building currently has a 13.47 GRM and 4.7% Cap Rate.
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,299,000 |
| Property Type | Multi-Family |
| Usable Sqft | 5,294 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1954 |
| Last Sold | October 10, 2025 |
| Sold Price | 2,152,000 |
| APN # | 4332020008 |
| MLS # | 25541629 |
| Property ID | 291518856 |
| Lot Sqft | 7,055 |
| Zoning | LAR3 |
| Total Units | 6 |
| Date Updated | October 10, 2025 |
| Date Created | May 20, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 2.00 | $3,028 | $3,250 |
| Unit #2 | 1 | 1.00 | $1,989 | $2,150 |
| Unit #3 | 1 | 1.00 | $2,150 | $2,150 |
| Unit #4 | 2 | 2.00 | $2,869 | $3,250 |
| Unit #5 | 1 | 1.00 | $2,350 | $2,350 |
| Unit #6 | 1 | 1.00 | $1,645 | $2,150 |
| Gross Income (Yr) | $ 170,678 |
| Operating Expenses | $ 62,594 |
| Net Income (Yr) | $ 108,084 |
| Cap Rate | 4.70% |
Listing Provided By
Jose Angel De La Garza an agent of The Collective Realty. Lic #00832730
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Robert Crawford
REAL ESTATE AGENT