1724 Menlo Avenue, Los Angeles, CA 90006
  • MLS#: 25496647 ( Multi-Family )
  • Street Address: 1724 Menlo Avenue
  • Viewed: 1
  • Price: $3,095,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1908
  • Bldg sqft: 0
  • Days On Market: 14
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90006
  • Provided by: Global Platinum Properties, Inc.
  • Contact: Armin Armin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Built in 2023, these five units are now available for purchase from the developer. This property is strategically located to ensure a steady income stream, currently achieving an attractive 6% cap rate and offering the potential for additional ADU (Accessory Dwelling Unit) conversions. Each unit features modern and stylish finishes, delivering a luxurious living experience. Furthermore, all units are separately metered for gas, water, and electricity, promoting a low maintenance and efficient setting. This exceptional offering encompasses a well planned 7,700 square feet, situated in the vibrant heart of Los Angeles, comprising (2) four bedroom units, (2) three bedroom units, and a one bedroom ADU. The well designed floor plans include ensuite bathrooms in all bedrooms and ample parking for tenants. Ideally located just east of Vermont and north of Washington Boulevard, it lies conveniently north of the esteemed USC campus andslightly west of downtown Los Angeles. This opportunity isideal for a 1031 exchange buyer or any investor seekingconsistent and passive cash flow in a thriving market.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Property Type
  1. Multi-Family