Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high

2032 South Shenandoah Street . Mid City , CA 90034

For sale 7 units apartment building in IN PICO-ROBERTSON Los Angeles, CA. If you are interested in learning more about this deal contact the listing agent, Max Berger (818) 321-4972 Max@KennyStevensTeam.com

Posted: 10/07/2021 8:31 pm | On HOMEiZ: 934 days | Updated: 2 years ago | Views: 391

Location Map

Property Type

Sold

Property Price

$2500000
$2500000
10/05/2021
8,543.00 Sq. Ft.
$349
7159
2.0%
0%
$0
$0
0.00
$0
1.25%
$31250

Property Location & Description

For sale 7 units apartment building in IN PICO-ROBERTSON Los Angeles, CA. If you are interested in learning more about this deal contact the listing agent, Max Berger (818) 321-4972 Max@KennyStevensTeam.com
Non Rent Control
Offers 25% upside in rents. Excellent unit mix.
Located in the heart of the family-friendly neighborhood of Pico-Robertson just 1 mile South of Pico Blvd. and Robertson Blvd.
7
$357143
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
2+1 
4 
 
$2550
2.
2+2 
1 
 
$2550
3.
3+2 
1 
 
$1771
4.
4+2 
1 
 
$2875
5.
 
 
 
4302-022-007
LARD1.5
100%
Wood & Stucco
2
1953
Good
Excellent unit mix
Value-add opportunity, current rents are approx. 27% below market value for nicely remodeled units in the area
Roof is less than 5 years old
12 parking spaces, NO SEISMIC RETROFITTING REQUIRED
Each bright and spacious unit averages approx. 1,000 SF
Separately metered for gas and electricity

Property Information

Sewer

Sewer System (Public)

Parking

Off-street
On-street
Assigned Parking
12

Investment Overview

Investor

Energy Efficiency

No
No Data
N/A
N/A
No
No
No
No

Neighborhood lifestyle

Urban Core

More information

Listing Info

Listing ID: 2897
Sold

For Sale

$2,500,000

Listing Presented by

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