1166 Menlo Ave Los Angeles, CA 90006

$1,165,000 Sold Price as of 12/06/2013

8 Beds
8 Baths
6,216 Sq.Ft.

Off Market

$1,165,000 Sold Price as of 12/06/2013 Refinance Your Mortgage

Map preview of 1166 Menlo Ave, Los Angeles, CA 90006

Property Overview: 1166 Menlo Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 6,216 living square feet and 10,005 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1166 Menlo Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1166 Menlo Ave

Last sold for $1,165,000 on December 6th, 2013

July, 2018
Jul 27, 2018

Date

Canceled

CRMLS: 18340028

$2,474,000

Price
May 3, 2018

Date

Active

CRMLS: 18340028

$2,474,000

Price
Listing provided courtesy of CRMLS

Great A+ Location! Excellent Rare Investment Opportunity. Beautiful 8 units building with renovation! Dual Panel Window, New copper plumbing in partial, sewer line, electrical panels, renovated units, new appliances, hardwood flooring, LED recess lights, new kitchen and bathroom cabinets, granite counter tops, New AC & heating systems and automatic garage door. The property has been foundation bolting in 2014. Subject to Buyer's cooperation in 1031 Exchange. Buyer and Buyer's agent verify all information.

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April, 2018
Apr 28, 2018

Date

Canceled

CRMLS: 18322784

$2,475,000

Price
Apr 25, 2018

Date

Withdrawn

CRMLS: 18322784

$2,475,000

Price
Apr 17, 2018

Date

Price Change

CRMLS: 18322784

$2,475,000

Price
Mar 13, 2018

Date

Active

CRMLS: 18322784

$2,575,000

Price
Listing provided courtesy of CRMLS

8 UNIT ARCHITECTURAL GEM LOCATED IN KOREATOWN. RECENTLY RENOVATED WITH UPGRADES TO KITCHENS, BATHROOMS, ELECTRIC, PLUMBING AND EASY TO MANAGE WITH HARDLY ANY MAINTENANCE AND REPAIRS. NO ON SITE MANAGER, NO THIRD PARTY MANAGEMENT. LOW EXPENSES AND GREAT CASH FLOW. LAR4 ZONING WITH ABILITY TO BUILD APARTMENTS OR CONDOS. ON SITE PARKING IN THE REAR OF THE PROPERTY AND EASY ACCESS TO RETAIL, RESTAURANTS, DTLA, WESTSIDE AND METRO. SHOWN ONLY WITH ACCEPTED OFFER.

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February, 2018
Feb 11, 2018

Date

Expired

CRMLS: 17279542

$2,780,000

Price
Dec 15, 2017

Date

Withdrawn

CRMLS: 17279542

$2,780,000

Price
Oct 12, 2017

Date

Active

CRMLS: 17279542

$2,780,000

Price
Listing provided courtesy of CRMLS

Great A+ Location! Excellent Rare Investment Opportunity. Beautiful 8 unit building with renovation: Dual Panel Window, New copper plumbing in partial, sewer line, electrical panels, renovated units, new appliances, hardwood flooring, LED recess lighting, new kitchen and bathroom cabinets, granite counter tops, New AC & heating systems and automatic garage door. The property has been foundation bolting in 2014. Subject to Buyers cooperation in 1031 Exchange. Sold on the basis of "AS-IS". Buyer and Buyer's agent verify all information.

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June, 2016
Jun 8, 2016

Date

Price Change

CRMLS: 16132944

$2,399,000

Price
Listing provided courtesy of CRMLS

It is well maintained 8 income unit building in huge lot.Heart of Korea-town and very convenient area for Rental property. All of units are remodeled and upgraded with complete kitchen with granite counter tops, hardwood floor, new air conditions, new heaters. All windows were changed, Automatic garage door installed, Electric panel changed, Earthquake retrofit foundation bolting finished by owner in 2014 October. Each unit is spacious with large living room, formal dining room, master bedroom. 8 detached garage plus 4more parking spaces. Coin laundry hook up at the back. VERY NICE TENANTS!

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February, 2016
Feb 8, 2016

Date

Price Change

CRMLS: 15959241

$2,740,000

Price
Feb 8, 2016

Date

Price Change

CRMLS: 15959241

$274,000

Price
Nov 25, 2015

Date

Price Change

CRMLS: 15959241

$2,467,000

Price
Nov 14, 2015

Date

Price Change

CRMLS: 15959241

$2,890,000

Price
Listing provided courtesy of CRMLS

It is well maintained 8 income unit building in huge lot near shopping mall, market, restaurants, transportation. Heart of Korea-town and very convenient area for Rental property. All units are perfectly remodeled and upgraded with complete kitchen with granite counter tops, hardwood floor, new air conditions, new heaters. All windows were changed, Automatic garage door installed, Electric panel changed, foundation bolting construction against Earthquake finished by owner in 2014 October. Each unit is spacious with large living room, formal dining room, master bedroom. 8 detached garage, coin laundry hook up at the back and 3 parking spaces more. Buyer acknowledges and cooperate that it is the intention of the Seller to complete a tax-deferred exchange under Internal Revenue Code Section 1031. #4,#8 units are occupied by owner.

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March, 2015
Mar 9, 2015

Date

Price Change

CRMLS: 15885375

$2,490,000

Price
Listing provided courtesy of CRMLS

It is well maintained 8 income unit building in huge lot near shopping mall, market, restaurants, transportation. Heart of Korea-town and very convenient area for Rental property. All units(except #5) are remodeled and upgraded with complete kitchen with granite counter tops, hardwood floor, new air conditions, new heaters. All windows were changed, Automatic garage door installed, Electric panel changed, Earthquake retrofit finished by owner in 2014 October. Each unit is spacious with large living room, formal dining room, master bedroom. 8 detached garage, coin laundry hook up at the back and 3 parking spaces more. Buyer acknowledges and cooperate that it is the intention of the Seller to complete a tax-deferred exchange under Internal Revenue Code Section 1031. #5($846)could be delivered vacant at close of escrow. #4,#8 units are occupied by owner.

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July, 2014
Jul 12, 2014

Date

Price Change

CRMLS: 214026704

$2,180,000

Price
Listing provided courtesy of CRMLS

PRIDE of ownership in the Korea town. It is a beautiful 8 units building in the heat of Korea town.Strategically located close to almost everything with acces to premium shopping,premiere eateries and restaurants and fabulous business location as well. 6 UNITS has been fully remodeled and upgraded with complete kitchen some granite counter-tops,complete hardwood flooring,New air conditions,, New heaters,New windows,New electrical,,New copper plumbing,New stucco.Each units is spacious with the large living room,formal dining-rooms,eat-in kitchens.property is being sold AS IS.Looks like new home. A rare opportunity to purchase a fully remodeled in a high demand rental market.once you see it you'll have to it !!!! MUST SEE!!!!! Located at quiet and tree lined street. It has separate electricity/gas meter and water heater for each unit.Detached garages. coin laundry hook up(outside).Whatever come to mind will be found in this great income 8- unit property.Please drive-by only.

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December, 2013
Dec 6, 2013

Date

Sold (Public Records)

Public Records

$1,165,000

Price
August, 2013
Aug 20, 2013

Date

Sold (Public Records)

Public Records

$950,000

Price

Tax History for 1166 Menlo Ave

Assessed Value (2020): $1,305,838

Year	Land Value	Improved Value	Assessed Value
2020	$784,625	$521,213	$1,305,838

About 1166 Menlo Ave

Detailed summary of property

1166 Menlo Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90006 and last sold on December 6, 2013 for $1,165,000. This property has 8 bedrooms, 8 bathrooms, roughly 6,216 living square feet, and sits on an approximately 10,005 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 4.02% higher than the current median priced home. 1166 Menlo Ave was last sold on December 6, 2013 for $1,165,000. Local nearby listings include 1817 S Catalina St, 2939 Leeward Ave #420 and 2939 Leeward Ave #212. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1166 Menlo Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1166 Menlo Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1940
Sq. Ft.: 6,216
Lot Size: 10,005
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 154
APN: 5076-019-012

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$608

Median Sold Price

$760,000

Median Sold Price/Sq.Ft.

$597

Total Inventory

Median Sale to List Price %

87.46%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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(714) 706-1823

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