Property · 2 recorded sales since 2021
Listing Agent: Saadia 'Sam' Liberow (DRE #01933858) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Michael Gholian · Keller Williams Beverly Hills · MLS #26661085 · Source: CRMLS
1534 S Shenandoah Street sold for $5,395,000 in August 2026, 10% under its $5,995,000 list price, after 91 days on the market. That works out to $352 per square foot on 15,326 square feet. Across 85 closed sales in 90035 over the last 12 months, the median sold price is $1,785,000 and the median is $755 per square foot, 114% above this sale's $352.
| Quarter | Closed sales in 90035 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $1,400,000 |
| Q2 2026 | 44 | $1,759,250 |
| Q3 2026 | 32 | $2,060,500 |
| Q4 2026 | 3 | $1,633,775 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90035
1534 Shenandoah presents a well-maintained Westside asset with strong in-place financials and clear upside potential. The property offers an attractive 5.76% going-in cap rate, supported by ownership's consistent track record of raising rents and executing tasteful unit renovations upon turnover. A new owner can continue this proven strategy to further enhance income. Additional NOI growth is available through the continued rollout of a utility bill-back program, currently implemented in 13 of the 20 units (65%), allowing for the gradual transfer of utility costs to tenants as units turn. The property also benefits from a highly desirable and diversified unit mix of eleven 1-bedroom/1-bath units, five 2-bedroom/2-bath units, three 1-bedroom/1-bath ADUs, and one 0-bedroom/1-bathroom ADU appealing to a broad tenant base and helping stabilize long-term occupancy. Ideally located in the heart of Pico-Robertson, the asset offers central Westside access to major employment hubs including Century City and Santa Monica, while being just one mile from the dining, entertainment, and walkable amenities of Downtown Culver City. The property is further enhanced by convenient on-site parking at the front of the building, a highly desirable amenity for tenants in this dense urban submarket. Please note, the property square footage includes the additional square footage from the four (4) ADU units (Buyer to verify all details related to actual building square footage). The property consists of sixteen (16) regular units and four (4) ADU units.
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 90035, nearest first, last 12 months. All recent sales in Los Angeles →