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1726 Menlo Ave
Los Angeles, CA 90006
Fully Leased 2024 Fourplex + ADU | 6.19% Cap · Multifamily Property For Sale
·
5 Units
Investment Highlights
- NO RENT CONTROL!
- Outstanding REAL cap rate of 6.26%! Cash cow, making you money on day 1!
- Ideal unit mix of two 4-bedroom untits, two 3-bedroom units, and one 1-bedroom unit. High income producing property!
- Located in the heart of Pico-Union neighborhood, just minutes from Downtown Los Angeles and Koreatown!
- Thoughtfully designed units with premium floorplans that renters love.
- All units separately metered for electric, water and gas! Very low expenses!
Property Facts
| No. Units | 5 | Building Size | 7,300 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2024 |
| Building Class | B | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 7,300 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Washer/Dryer
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Handrails
- Instant Hot Water
- Island Kitchen
- Loft Layout
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 2 | $4,498 | 1,825 |
| 3+3.5 | 2 | $4,148 | 1,450 |
| 1+1 | 1 | $2,200 | 750 |
Property Taxes
| Parcel Number | 5056-021-016 | Improvements Assessment | $195,919 |
| Land Assessment | $783,679 | Total Assessment | $979,598 |
Property Taxes
Parcel Number
5056-021-016
Land Assessment
$783,679
Improvements Assessment
$195,919
Total Assessment
$979,598
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