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Rare Generational Investment Opportunity in Prime Pico-Robertson! Offered for sale for the first time in 23 years, 1476 S. Shenandoah Street represents a highly coveted, long-term ownership asset in one of Los Angeles' most desirable and tightly held multifamily submarkets. This well-maintained property boasts an exceptional and increasingly scarce unit mix consisting of spacious two- and three-bedroom floor plans, including rare three-bedroom layouts with den configurations. These large, family-oriented spaces insulate the property against high turnover, ensuring stable occupancy and predictable cash flow that stands out against a modern construction pipeline dominated by smaller studios and one-bedrooms. Investors benefit from a below-replacement-cost acquisition, securing an established income-producing asset that would be nearly impossible to replicate today given soaring Westside land, entitlement, and construction costs. Highlighting the strength of the surrounding community, the property is situated in an area featuring phenomenal demographics, with average household incomes exceeding $131,000 within a 1-mile radiusranking Pico-Robertson in the top 15% of the highest-income neighborhoods in America. Residents will enjoy an unbeatable central Westside location offering convenient access to major employment centers, premier dining, shopping, and entertainment in Beverly Hills, Century City, Culver City, and the Miracle Mile. Don't miss this premier value-add opportunity driven by consistent tenant demand and unmatched long-term appreciation potential!
Property Type(s):
Residential Income
| Last Updated | 6/10/2026 | Year Built | 1966 |
|---|---|---|---|
| Community | C09 - Beverlywood Vicinity | County | Los Angeles |
Additional Details
| AREA | C09 - Beverlywood Vicinity |
|---|---|
| GARAGE | Yes |
| HEAT | None |
| LOT | 0.2986 acre(s) |
| LOT DIMENSIONS | 13005 |
| PARKING | Covered, Garage, Tandem |
| STORIES | Split/Multi Level |
Location
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Listed with Marcus & Millichap
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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