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Two- and Three-Bedroom Apartment Building
For Sale
$5,650,000

1476 S Shenandoah St, Los Angeles, CA 90035

Multifamily property with larger floor plans and select three-bedroom units featuring dens.

Property Size17,653 SF
Days on Market78

Property Features for 1476 S Shenandoah St

General Information

Standard status Active
Size 17,653 SF
Property subtype Multifamily
Occupancy 3%

Additional Details

Cap Rate 5.85%

Amenities

First time on the market in 23 Years
Exceptional Unit Mix with Large Floor Plans
Below Replacement Cost Acquisition

Building Details

Building Size 17,653 SF
Units 16
Listing Agency: Encino Office
Listed By: Sam Liberow · License #License(s): CA: 01933858, CA: 02031850
Source: Marcusmillichap
Added: Jun 16 Changed: Aug 30 Last Checked: Aug 31 at 1:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encino Office

Investment Insights

Based on property information with market context.

This multifamily property contains a unit mix centered on two- and three-bedroom apartments, including select three-bedroom layouts with den configurations. The larger floor plans provide a distinct offering within a residential income property market increasingly characterized by smaller apartments. The asset has been held by the same ownership for 23 years and is being offered for sale for the first time during that period.

Located in the Pico-Robertson area of Los Angeles, the property is positioned near Beverly Hills, Century City, Culver City, and the Miracle Mile. The surrounding area has average household incomes exceeding $131,000 within a 1-mile radius. Nearby employment, dining, shopping, and entertainment destinations add to the property's central Westside setting.

Key Highlights

  • Two- and three‑bedroom apartment unit mix
  • Select three‑bedroom layouts include den configurations
  • Held by the same ownership for 23 years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Bar & Pub Clothing & Fashion Store Butcher Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,908
Businesses Nearby

Demographics for 90035, CA

30,294
Population
13,795
Households
2.2
Avg Household Size
37
Median Age
68%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
13,171
Density / Sq Mi
$108,224
Median Household Income
$67,202
Median Earnings
$2,486
Median Rent
$1,844,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with larger floor plans and select three-bedroom units featuring dens.
Where is this apartment building located?
The property is located at 1476 S Shenandoah St Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,650,000.
What are key features of this property?
This property features: Two- and three‑bedroom apartment unit mix; Select three‑bedroom layouts include den configurations; Held by the same ownership for 23 years
More about this property
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