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$6,829,000

  • For Sale
  • Active
  • Multi-Family
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Prime investment opportunity at 858 S Shenandoah St, Los Angeles, CA 90035-a 12-unit gem just one block from Beverly Hills! This well-maintained property features spacious 2-bedroom, 2-bathroom units, each averaging over 1,600 sq. ft., offering an exceptional living experience. Residents also benefit from 24 subterranean parking spaces, providing secure and convenient parking in a high-demand area.Situated in the heart of Pico-Robertson, one of LA's most desirable rental markets, the property is just minutes from Beverly Hills, The Grove, Miracle Mile, Century City, and West Hollywood. Residents enjoy easy access to high-end shopping, acclaimed dining, and top-tier entertainment, as well as major employment hubs like Cedars-Sinai Medical Center and Century City's business district. This property currently operates at a 4.18% cap rate with a 16.01 GRM, offering a solid investment foundation with 35% upside in rents. With rental adjustments, the pro-forma financials project a 6.30% cap rate and an 11.86 GRM, making this a rare opportunity for investors to maximize returns in one of LA's most coveted neighborhoods. Strong rental demand, an unbeatable location, and significant upside potential make 858 S Shenandoah St a prime long-term asset!

Full Property Details for 858 S Shenandoah St

General

  • Price: $6,829,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB25071028
  • Updated: 10/27/2025
  • Days on Market: 293 days
  • Added to Site: 293 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 24

Location

  • Area: C19 - Beverly Center-Miracle Mile
  • County: Los Angeles
  • Development Name: C19 - Beverly Center-Miracle Mile
  • Driving Directions: Head west on Chalmers Dr then make a right on to Shenandoah St.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 13
  • # Electric Meters: 13

Structural Information

  • Entry Location: 1
  • Square Feet: 19,602
  • Year Built: 1963

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 10

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 11

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 12

  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.244
  • Lot Size (Sq. Ft.): 10,627
  • Lot Size Source: Assessor
  • Zoning: LAR3
  • Lot Description: Rectangular Lot

Financial Considerations

  • Price Per Sq. Ft.: $348.38
  • Price Per Unit: 569083

Listed by Lyon Stahl Investment Real Estate, Inc., Austin Zahn

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Listing agent

— 858 S Shenandoah St —

  • Austin Zahn

    Lyon Stahl Investment Real Estate, Inc.

310-613-1251

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 858 S Shenandoah St

School District:Los Angeles Unified School District
NameGradesDistance
Carthay Center Elementary
6351 West Olympic Boulevard, Los Angeles, CA 90048
K-50.7 mi
Emerson Community Charter School
1650 Selby Avenue, Los Angeles, CA 90024
6-83.2 mi
Fairfax Senior High School
7850 Melrose Avenue, Los Angeles, CA 90046
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 858 S Shenandoah St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/01/2025
Listed
$6,829,000
5.06%
MLS
10/17/2018
Sold
$6,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 858 S Shenandoah St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$88,667
3%
$7,250,870
4%
2023
$85,875
5%
$6,969,311
2%
2022
$81,900
1%
$6,832,659
2%
2021
$80,836
-1%
$6,698,686
1%
2020
$81,662
4%
$6,630,000
2%
2019
$78,422
28%
$6,500,000
31%
2018
$61,072
2%
$4,945,484
2%
2017
$59,721
3%
$4,848,515
2%
2016
$58,236
1%
$4,753,447
2%
2015
$57,392
—
$4,682,047
2%
2014
$57,614
—
$4,590,333
—
2013
$57,610
—
$4,569,588
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 858 S Shenandoah St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Lyon Stahl Investment Real Estate, Inc., Austin Zahn

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858 S Shenandoah Street, Los Angeles, CA 90035 (MLS# SB25071028) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 858 S Shenandoah Street is currently listed for $6,829,000 and was received on April 01, 2025. Want to learn more about 858 S Shenandoah Street? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.

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