1534 S Shenandoah Street, Los Angeles, CA 90035

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1534 S Shenandoah Street,Los Angeles, CA 90035
$5,995,000
  • 21 Beds
  • 24 Baths
  • 15,326 sq. ft.
  • Multi-family
  • Active
Listed by: saadia 'sam' liberow
Office: marcus & millichap
MLS#:26661085
Source:CRMLS

Price summary

  • Price:$5,995,000
  • Price per sq. ft.:$391.17

About this home

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 appealing 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

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Home facts

  • Year built:1964
  • Listing ID #:26661085
  • Added:1 day(s) ago
  • Updated:March 07, 2026 at 02:40 AM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:24
  • Living area:15,326 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:15,326 sq. ft.
  • Lot area:0.3 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,995,000
  • Price per sq. ft.:$391.17
Based on information from California Regional Multiple Listing Service, Inc. as of March 7, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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