tomo logo

$1,200,000

Beds
4
sq ft
2,128

1330 Menlo Ave, Los Angeles, CA 90006

1330 Menlo Ave

Los Angeles, CA 90006

  • 15 days on market
Discover the endless potential of this rare property featuring THREE HOMES on one spacious lot, plus a 3-car garage with approved plans to convert it into a fourth residence. This is a dream opportunity for owner-users, developers, and flippers alike! Investors: Maximize value by modernizing the existing homes and unlocking the full potential of the property. Developers: Take advantage of the large lot and favorable zoning to create something truly exceptional. Owner-Users: Live in one home while generating income from the others to offset your expenses. Key Details: Two homes are vacant and ready for immediate occupancy or renovation (2 bed/1 bath) & (1 bed/1 bath). The third home can be delivered vacant for the right price (1 bed/1 bath). Don't miss this chance to own a property with tremendous flexibility and income potential. Whether you're looking to create a multi-generational living space, a rental income powerhouse, or a brand-new development, 1330 Menlo Ave is the perfect canvas for your vision.

Details

Property type

Est. home value

$927,558

Lot size

7,303 sq ft

Price per sq ft

$564

Year built

1954

HOA

No

Price History

01/15/2025
CLAW

CLAW #25483461

Listed
$1,200,000
+50%
03/21/2024
CRMLS

CRMLS #SR23219610

Sold
$800,000
+6.67%
02/26/2024
CRMLS

CRMLS #SR23219610

Pending
$750,000

Schools & Community

Neighborhood: 

Harvard Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Conventus Llc

Loan start date

April 2022

Original loan amount

$812,600

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Commercial

Seller

Rebecca Eliav

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/30/2025 at 6:15 PM

Listing updated: 01/23/2025 at 10:42 AM

Listed by: Rebecca Eliav, Century 21 Hollywood Phone #: (323) 462-7436

MLS: CLAW #25483461

CLAW logo

Recently listed in Los Angeles

$1,875,000|4 bd|2.25 ba|House
$739,000|2 bd|1.0 ba|Condo
$14,995,000|6 bd|11.0 ba|House
$2,495,000|4 bd|2.5 ba|House
$2,699,000|4 bd|3.0 ba|House
$2,795,000|4 bd|3.5 ba|House
$9,995,000|5 bd|7.0 ba|House
$4,195,000|3 bd|2.0 ba|House
$949,999|4 bd|2.0 ba|House