$2,600,000

1906 S Shenandoah Street, Los Angeles, CA 90034

14 beds |
12 baths |
8,456 sqft

Multi-Family Home
Built in 1962
8,760sqft lot
—— car garage
$307/sqft
Listed 2 days ago

Property Description

Prime Palms/Mid-City 10-Unit Investment! Well-maintained building with (6) one-bedrooms and (4) two-bedrooms, several with private balconies. Quiet residential setting backing to single-family homes with low through-traffic. Strong in-place income with a 5.54% CAP Rate and 11.14 GRM; attractive pricing at $260k/unit (~$307/SF). Below-market rents offer significant mark-to-market upside across all unit types. Rare value-add opportunity in a high-demand rental submarket.

Listing Status:: Active
Date Added:: December 3, 2025 at 06:00AM
Listing Office:: Miller & Desatnik Realty Co. : 310-202-9166
Listing Agent:: Errol Spiro : 310-202-9166
MLS ID:: 25625609

Appliances: DishwasherDisposalRefrigerator
A/C: None
Heating: Wall Furnace

Parking: UncoveredParking spaces: 0

General: 2

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LARD24302021012

Source: CRMLS_CL

This listing courtesy of Errol Spiro, Miller & Desatnik Realty Co.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Shenandoah Street Elementary School

2450 S Shenandoah St, Los Angeles, CA, 90034

Grades KG-5

0.36 miles away

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

0.72 miles away

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.