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$2,350,000

Beds
8
sq ft
6,616

942 Menlo Ave, Los Angeles, CA 90006

942 Menlo Ave

Los Angeles, CA 90006

  • 31 days on market
This 11-unit two story apartment complex, consist of good size units, (1) 2 bedroom + 1 Bath, (5) 1 bedroom + 1 bath and (5) single + 1 bath. On site parking and on-site laundry facility with additional $3600.00 income. Owner recently completed retrofitting, new paint for the building and newly paved parking spaces. Low maintenance building and easy to maintain. The current rents are low but has great potential for increase in rental income. This apartment complex is conveniently located in the heart of K-Town and mid-Wilshire area, short distance to DTLA, Hollywood, shopping center, market, restaurants and many well-known eateries in K-Town. Walking distances to public transportation and easy access to 10 & 101 FWY. This is a great opportunity for investors as property being R-4 Tier-4 with over 8700 sq. ft. lot.

Details

Property type

Lot size

8,763 sq ft

Price per sq ft

$356

Year built

1962

HOA

No

Price History

08/18/2024
CLAW

CLAW #24428865

Listed
$2,350,000
+6.82%
07/19/2019
CLAW

CLAW #19450162

Sold
$2,200,000
+4.76%
03/15/2018
CLAW

CLAW #17280298

Sold
$2,100,000

Schools & Community

Neighborhood: 

Koreatown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 09/20/2024 at 1:30 AM

Listing updated: 09/09/2024 at 1:10 PM

Listed by: Enny E. Chong, Ivy Realty Co. Phone #: (213) 386-8888

MLS: CLAW #24428865

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