1724 Menlo Ave | Los Angeles, CA 90006
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- LoopNet Team
1724 Menlo Ave
Los Angeles, CA 90006
5 Units (2023 Built) - 6% Cap Rate · Multifamily Property For Sale · 5 Units
Investment Highlights
- Excellent investment opportunity, 6% Cap & 12.88 GRM
- Perfect for Co-Living, Student housing, and large families
- Conveniently located North of (USC) University Village, Koreatown-Adjacent, and West of Downtown LA
- Additional for a potential 6th unit (Junior ADU)
PROPERTY FACTS
| No. Units | 5 | Building Size | 7,700 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2023 |
| Building Class | B | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 0.14 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 7,700 SF |
| Average Occupancy | 60% |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 1.3/1,000 SF |
Unit Amenities
- Balcony
Site Amenities
- Fenced Lot
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,500 | - |
| 3+3 | 2 | $4,550 | - |
| 4+4 | 2 | $4,800 | - |
zoning
| Zoning Code | LARD1.5 (Low/Medium Multifamily) |
| LARD1.5 (Low/Medium Multifamily) |
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