1140 S. SHENANDOAH

ATTENTION ALL DEVELOPERS, REMODELERS & MULTI-UNIT INVESTORS! This two-story duplex is located on a 6,384 sq. ft. lot zoned {Q}-LA-R3 and applicable under TOC Tier 2 (Transit Oriented Communities). Each unit is 2 bed + 1 bath and there are currently two tenants in place paying $2,720/month & $1,665/month respectively. Possibilities for this lot include renovation for rental upside, ground-up development of a multi-unit apartment complex as well as condominium & small lot sub division projects. With R3 zoning by designation, developers can apply for other variances with the city of Los Angeles if applicable. Buyer to conduct all due diligence and verify all remodel & development possibilities.