CA > Los Angeles
Los Angeles, CA 90006,1724 Menlo AVE
Los Angeles, CA 90006,1724 Menlo AVE
Los Angeles, CA 90006,1724 Menlo AVE
Los Angeles, CA 90006,1724 Menlo AVE
Los Angeles, CA 90006,1724 Menlo AVE
Los Angeles, CA 90006,1724 Menlo AVE
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Joshua Tolar

Joshua Tolar

+1(909) 525-2770
$ 3,095,000
Est. payment | /mo

3 Beds

2 Baths

7,700 SqFt

Save
$ 3,095,000
Est. payment | /mo
Save

3 Beds

2 Baths

7,700 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,700 sqft

Price per Sqft $401

MLS Listing ID 25496647

Bedrooms 3

HOA Y/N No

Year Built 1908

Lot Size 6,120 Sqft

Property 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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features Garage, Tandem

Community Features Gated

Total Parking Spaces 2

Building

Story 1

Entry Level Three Or More

Sewer Sewer Tap Paid

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 5056021016

Security Features Gated Community

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Armin Soleimani • Global Platinum Properties, Inc.
agent
Joshua Tolar

Homeowner Advisor | Realtor | License ID: 02000924

+1(909) 525-2770 | josh@pivothomes.com

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1724 Menlo AVE