858 S Shenandoah Street, Los Angeles, CA 90035
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
858 S Shenandoah Street,Los Angeles, CA 90035
$6,829,000
- - Beds
- - Baths
- 19,602 sq. ft.
- Multi-family
- Active
Listed by: austin zahn
Office: lyon stahl investment real estate, inc.
MLS#:SB25071028
Source:CRMLS
Price summary
- Price:$6,829,000
- Price per sq. ft.:$348.38
About this home
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!
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Home facts
- Year built:1963
- Listing ID #:SB25071028
- Added:227 day(s) ago
- Updated:November 15, 2025 at 11:44 AM
Rooms and interior
- Living area:19,602 sq. ft.
Structure and exterior
- Year built:1963
- Building area:19,602 sq. ft.
- Lot area:0.24 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$6,829,000
- Price per sq. ft.:$348.38
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