1724 Menlo Avenue, Los Angeles, CA 90006 - Berkshire Hathaway HomeServices California Properties

1724 Menlo Avenue, Los Angeles, CA 90006

$2,995,000 Approx. USD 15 beds, 15 baths
7,700 sqft

Listing Agent


Armin Soleimani | arminsoleimani@gmail.com
Lic#: 01846872
Broker: Courtesy of Global Platinum Properties, Inc.

Co Listing Agent


Julio Ruiz | ziuroiluj@gmail.com
Lic#: 01911261
Broker: Courtesy of Global Platinum Properties, Inc.

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25529927
Price: $2,995,000
Beds: 15
Baths: 15
Built in 2023
7,700 sqft
0.14 acres
Lot size: 0.1405
County: Los Angeles
Zoning: LARD1.5
Appliances: Dishwasher,Refrigerator,Dryer,Washer
Parking description: Garage,Tandem
Heating/cooling: Central Air
Heating description: Central
MLS area: C16 - Mid Los Angeles

Last Updated: 5/16/2025

 Days On Market (DOM): 65

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.041925, -118.290316.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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