1427 S SHENANDOAH ST, LOS ANGELES, CA 90035

We are pleased to present a prime Pico Robertson duplex located at 1427 S Shenandoah Street--an amazing owner/user opportunity with one unit currently vacant, and the other unit has an executed voluntary vacancy agreement in place (Call Agents for Details). Take advantage of owning your own property in the highly sought after Pico-Robertson district while collecting rent. This property would also be a great multifamily development opportunity especially with the potential of both units being delivered vacant at the close of escrow. This property allows a future investor to build up to 15 units utilizing the TOC Tier 2 program or 8 units by right. The Shenandoah Apartments boast a great unit mix of Two (2) Two Bedroom / One Bath units. In addition to providing tenants with Six (6) parking spaces (3 garage and 3 in the driveway), the building also has a washer and dryer upstairs with washer and dryer hookups downstairs. This wood frame stucco building, built in 1930, consists of 2,694 SF of living area and is situated on a 6,499 SF lot zoned LAR3. Known for its distinct community feel, with shops and restaurants within easy walking distance, the Pico-Robertson neighborhood has become one of the most desirable real estate markets in Los Angeles. The current owner installed a beautiful oak wood staircase that connects the 2 units, turning this duplex into one large unit; however, a door separating the spaces allows a Buyer to rent the 2 units separately as as well (Buyer to verify). In addition, the building has the following upgrades: electrical systems were completely redone with two (2) separate panels, a central HVAC, security system, and gated entry. Lastly, there is a new copper main line.