4 months on rocket

1140 S Shenandoah St, Los Angeles, CA, 90035

$1,950,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Baths
3,022 SqFt
$645/SqFt
House
Schools Nearby

Location

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1140 S Shenandoah St, Los Angeles$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, Garage
Year Built1933
HeatingCentral
MLS #23337525
Lot Size0.15 Acres
StatusActive

About 1140 S Shenandoah St

ATTENTION ALL DEVELOPERS, REMODELERS & MULTI-UNIT INVESTORS! Exciting opportunity in a prime location! This two-story duplex, nestled on a 6,384 sq. ft. lot zoned {Q}-LA-R3-O and under TOC Tier 2 (Transit Oriented Communities), offers immense potential. Each unit, comprising 2 beds and 1 bath, currently houses tenants with rents of $2,720/month and $1,665/month, respectively. This property also boasts an exceptional Pedestrian Friendly rating of 9.6 out of 10, highlighting its accessibility and appeal to a wide tenant base. The true value lies in its future possibilities: Plans have been submitted for final approval and will be RTI within a short period for a transformative 14,000 sq. ft., 4-story apartment building with 26 affordable housing units, promising a significant transformation and lucrative investment opportunity. This lot is ripe for various ventures, including renovation for rental upside, ground-up development of the approved 26-unit affordable housing apartment complex, condominium & small lot subdivision projects, as well as additions of ADUs. The R3 zoning offers flexibility, allowing developers to explore other variances with the city of Los Angeles as applicable. Buyer is advised to conduct thorough due diligence and verify all remodel & development possibilities. This is not just a property; it's a gateway to a multitude of lucrative opportunities in one of the most sought-after areas. Seize this rare chance to invest in a property that promises not just a return on investment, but also a significant contribution to the urban landscape of one of the most sought-after neighborhoods.

Property Details

Property Features

Property Information:

  • Year Built: 1933
  • Stories: 2
  • Living Area: 3,022 SqFt

Listing Office:

  • Office Name: Rodeo Realty
  • Office Phone: (310) 724-7100
  • Listing Agent: Michael Rabbani

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central

School Info

Assigned Schools Information:

  • Alexander Hamilton Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Daniel Webster Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Canfield Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Shenandoah (Olympic & Pico)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $645/SqFt

Tax Information:

  • Annual Amount: $9,923
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1140 S Shenandoah St vs Los Angeles

143 DAYS ON ROCKET

+109 Days

$1,950,000

+$974K More

$645/SqFt

+$17 More

KEY TAKEAWAY

This property is $974K more than the Median Sold Price and $17/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23337525

Listing Office:

  • Office Name: Rodeo Realty
  • Office Phone: (310) 724-7100
  • Listing Agent: Michael Rabbani

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 4:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 30, 1988Home Sold
$467,500

Tax History

YEARPROP. TAXASSESSMENT
2021$9,923$809,607
2020$9,630$801,307
2019$9,533$785,596
2018$9,330$770,193
2017$9,330$755,092

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2403577
8
/10

  • Canfield Avenue Elementary School

  • 9233 Airdrome St

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-2403578
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.84 miles

  • Public Magnet Grades KG-6

school-card-donut-2403579
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 17.56 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2403580
4
/10

  • Daniel Webster Middle School

  • 11330 Graham Pl

  • 3.55 miles

  • Public District Grades 6-8

school-card-donut-2403581
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.93 miles

  • Public District Grades 6-8

High School

school-card-donut-2403582
5
/10

  • Alexander Hamilton Senior High School

  • 2955 S Robertson Blvd

  • 1.61 miles

  • Public Magnet Grades 9-12

school-card-donut-2403583
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 9.77 miles

  • Public Magnet Grades 9-12

school-card-donut-2403584
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 11.63 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,074. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1140 S Shenandoah St

What is the listing price of this property?

The listing price of 1140 S Shenandoah St property is $1,950,000.

What type of property is this?

The property 1140 S Shenandoah St is a house located in Los Angeles, California, 90035.

Is this property for sale now?

Active Listing: 1140 S Shenandoah St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1140 S Shenandoah St are:
Canfield Avenue Elementary School: GreatSchools Rating 8/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Daniel Webster Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Alexander Hamilton Senior High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,923 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 30, 1988 for $467,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1140 S Shenandoah St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1140 S Shenandoah St is 3,022 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1140 S Shenandoah St is 1933.

Rocket Homes›California›Los Angeles County›Los Angeles›90035›1140 S Shenandoah St

This home is located at 1140 S Shenandoah St in Los Angeles, CA and zip code 90035 in the Pico Robinson neighborhood. This 3,022 square foot home, which was built in 1933, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 07, 2023 and is currently priced at $1,950,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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