1947 S Shenandoah St, Los Angeles, CA 90034 - View 1
1947 S Shenandoah St, Los Angeles, CA 90034 - View 2
1947 S Shenandoah St, Los Angeles, CA 90034 - View 3

1947 S Shenandoah St, Los Angeles, CA 90034

Sale Price: $1,814,999
Sep 11, 20246,816 sqft9 beds10 baths
Listed by: Robert Renshaw
License #: 01332831
Phone #: 424-293-4770
REMAX COMMERCIAL & INVESTMENT REALTY
Source:
CRMLS Logo
MLS #: 24438697

Property Description

We are pleased to offer for sale an incredible multifamily asset located at 1947 S Shenandoah St. 1947 S Shenandoah is a 10-unit apartment building located in the highly coveted Palms submarket on LA's Westside. The property was built in 1954 and comprises (9) 1-bedroom units and (1) studio unit. Gross square footage of the building is 6,816, while the parcel itself covers 8,703 square feet with an RD1.5 zoning designation. There are on-site laundry facilities and assigned parking at the rear of the building. 1947 S Shenandoah is just two blocks east of Robertson Boulevard with its myriad restaurants, coffee shops, stores, and services. The property is also six short blocks west of the Kaiser Permanente West Los Angeles Medical Center. Tenants further have easy access to the 10 and 405 freeways via La Cienega Boulevard allowing short commutes throughout the greater LA area. 1947 S Shenandoah is also within walking distance of many nearby houses of worship. This offering presents the astute investor with a fantastic opportunity to purchase a well-maintained, family-owned asset in a great Westside location at a very reasonable basis with much room for growth.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$28,575

TurboHome Estimated Value

$1,902,500

$279 sqft

High Valuation
$1,997,625
$293/sqft
Normal Valuation
$1,902,500
$279/sqft
Low Valuation
$1,807,375
$265/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$279/sqft$1,902,500

Neighborhood: Pico-Robertson

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Comparative Value

$1.81M

$1.90M

$2.10M

$2.21M

$2.21M

1947 S Shenandoah St, Los Angeles, CA 90034

Sale Price: $1,814,999

Selected Comparable

1947 S Shenandoah St, Los Angeles, CA 90034

List Price: $1,899,999

Subject Property

1138 Cardiff Ave, Los Angeles, CA 90035

Sale Price: $2,100,000

Selected Comparable

1243 S La Cienega Blvd, Los Angeles, CA 90035

Sale Price: $2,212,500

Selected Comparable

1239 S La Cienega Blvd, Los Angeles, CA 90035

Sale Price: $2,212,500

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1947 S Shenandoah St, Los Angeles, CA 90034

1947 S Shenandoah St, Los Angeles, CA 90034

List: $1,899,999

Listed: 9/11/2024

Area:6,816 sqft
Price/sqft:$279
Beds:9
Baths:10
Year Built:
Lot Size:8,705

Comparable Properties

COMPARABLE
Choose comps
1947 S Shenandoah St, Los Angeles, CA 90034

1947 S Shenandoah St, Los Angeles, CA 90034

Sale: $1,814,999

1/24/20250.00 mi

Area:6,816 sqft
Price/sqft:$266
Beds:9
Baths:10
Year Built:
Weight:30.3%
1243 S La Cienega Blvd, Los Angeles, CA 90035

1243 S La Cienega Blvd, Los Angeles, CA 90035

Sale: $2,212,500

5/19/20250.94 mi

Area:6,842 sqft
Price/sqft:$323
Beds:8
Baths:10
Year Built:
Weight:23.9%
1239 S La Cienega Blvd, Los Angeles, CA 90035

1239 S La Cienega Blvd, Los Angeles, CA 90035

Sale: $2,212,500

5/19/20250.95 mi

Area:6,842 sqft
Price/sqft:$323
Beds:8
Baths:10
Year Built:
Weight:23.9%
1138 Cardiff Ave, Los Angeles, CA 90035

1138 Cardiff Ave, Los Angeles, CA 90035

Sale: $2,100,000

8/12/20240.99 mi

Area:6,338 sqft
Price/sqft:$331
Beds:9
Baths:9
Year Built:
Weight:21.9%

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