CA > Los Angeles
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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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$2,995,000
Est. payment /mo
15 Beds
15 Baths
7,700 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,700 sqft

Price per Sqft $388

MLS Listing ID 25529927

Bedrooms 15

Construction Status New Construction

Year Built 2023

Lot Size 6,122 Sqft

Acres 0.1405

Property Sub-Type Multi-Family

Property Description

Presenting a prime investment opportunity in Los Angeles: five newly constructed units, completed in 2023, are available directly from the developer. This strategically located property offers a strong income stream with a 6.24% cap rate and potential for additional ADU conversions. Each unit showcases modern finishes for a luxurious living experience, featuring independent metering for gas, water, and electricity to ensure low-maintenance efficiency. Covering 7,700 square feet, the property includes two four-bedroom units, two three-bedroom units, and one-bedroom ADU, all in the dynamic Pico-Union area. Thoughtfully designed with en-suite bathrooms in every bedroom and ample parking for tenants, this offering is ideal for 1031 exchange buyers and investors seeking steady cash flow in a vibrant market. Conveniently situated just west of Downtown Los Angeles, north of USC Village, and east of Koreatown, this property is a standout investment choice.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Dryer, Hood Fan, Refrigerator, Range/Oven, Washer

Exterior

Parking Features Tandem

Garage Spaces 2.0

Building

Story 1

Sewer In Connected and Paid

Water Public

Level or Stories Three Or More

Construction Status New Construction

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Global Platinum Properties, Inc.

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Kirshner Elkin Properties

+1(424) 214-0133

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