1140 S Shenandoah ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90035
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,022 sqft
Price per Sqft $628
MLS Listing ID 25605569
Bedrooms 4
Year Built 1933
Lot Size 6,385 Sqft
Property Description
We are pleased to present an owner user, investment, or development opportunity at 1140 S Shenandoah St in the highly coveted Pico Robertson submarket, located just north of W Pico Blvd, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth. The subject property is an existing duplex with two large two-bedroom units currently occupied; there is a garage at the rear of the property as well as room for additional uncovered parking. Ownership has preliminary plans submitted for two ADU's, both three bedrooms, 1,250 SF each. Alternatively, there is development potential; the lot totals 6,384 SF zoned [Q]R3-1-O in a Tier 2 TOC; ownership has preliminary plans for a 21-unit affordable housing project. Strong demographics in the neighborhood; within two miles of the subject property, the median home value is over $1.1 MM and average household income over $127,000.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating None
Cooling None
Building
Story 2
New Construction No
Others
Special Listing Condition Standard