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.
For sale
$2,600,000
1906 S Shenandoah St, Los Angeles, CA 90034
14beds
12baths
8,456sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$307/sqft
$-- HOA
What's special
Several with private balconiesBacking to single-family homesQuiet residential settingLow through-traffic
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