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  5. 2406 S Shenandoah St
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Full details for 4 Bedroom Other For Sale in Los Angeles, California

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Description

Owner Occupy eviction moratorium is officially lifted! This gorgeous 4-unit Multi-family asset is located in Palms, West Los Angeles. The Property boasts a desirable unit mix of one(1) two-bedroom front house, two(2) one-bedroom units and one(1) studio. The front house has wonderful flow with vaulted ceilings and an open concept kitchen that feels very spacious. The front entrance patio opens up to a Japanese zen-style garden. There is also a separate entrance back patio with large bench seating perfect for guests. The owners previously lived in the building and you can feel the care and high end quality craftsmanship they invested into the unit. This outstanding craftsmanship does not just stop in the owners unit, as even the common area courtyard consists of carefully crafted carpentry throughout. A Savvy investor can also add an Accessory Dwelling Unit(ADU) in the vacant 2 car garage currently used for owner storage. This is an extremely well maintained property and still a true value add investment with over 40% upside in the current rents. This is a great entry level investment that qualifies for attractive low down payment Residential Financing. Reside in one unit and collect income from the remaining units now that the owner/user eviction moratorium is officially lifted. Please do not disturb the tenants. All showings will be subject to an accepted offer. This property is subject to LA city rent control. Buyer to verify legality of units and actual square footage. Back to listing
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