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1411 Menlo Ave, Los Angeles, CA 90006
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1411 Menlo Ave Los Angeles, CA 90006

$1,025,000
  • 7 Beds
  • 4 Baths
  • 3,679 Sq.Ft.
For Sale
$1,025,000 Get Pre-Qualified
Map preview of 1411 Menlo Ave, Los Angeles, CA 90006

Property Overview: 1411 Menlo Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,679 living square feet and 7,302 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Ready to invest and own your own Quadruplex? - Great Mix of 3 bedroom/1 bath, 2 bedroom 1 bath, and remaining two units 1 bedroom/1 bathroom. Property is located minutes away from Downtown Los Angeles, USC, and Koreatown. Great Opportunity!!

Listed by TONY SERRANO | BRE #01384277 | CENTURY 21 REALTY MASTERS
Last checked: 8 minutes ago | Last updated: April 9th, 2024 | Source CRMLS | DOM: 93
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Home details

Lot Sq. Ft
7,302
HOA Dues
$0/mo
Year built
1903
Garage
--
Property Type:
Duplex
Status
Active
MLS#
MB24017449
City
Los Angeles
County
Los Angeles
Time on Site
108 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $540
  • Total Rent: $540
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,083
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,083
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $121,992
  • Net Operating Income: $73,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $30,000
  • Electric: $1,200
  • Gas/Fuel: $1,200
  • Trash: $1,044
  • Insurance: $1,500
  • Water/Sewer: $4,842

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Property Details for 1411 Menlo Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5056001012
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: None
Location / Neighborhood
Location Information
  • Directions: Exit 10 freeway off Hoover
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1411 Menlo Ave

View property's historical transactions

  • February, 2024

  • Feb 3, 2024

    Date

    Active

    CRMLS: MB24017449

    $1,225,000

    Price

Tax History for 1411 Menlo Ave

Assessed Value (2020): $183,090
Year Land Value Improved Value Assessed Value
2020 $80,831 $102,259 $183,090

Home Value Compared to the Market

This property vs the competition

1411 Menlo Ave is listed 17.93% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $278.61 per/sqft which puts the price per square foot 64% lower than the median price per square foot for the city of Los Angeles.

About 1411 Menlo Ave

Detailed summary of property

1411 Menlo Ave is a duplex located in Los Angeles, CA 90006 and is currently for sale. This duplex offers 7 bedrooms, 4 bathrooms, roughly 3,679 living square feet, and sits on an approximately 7,302 square foot lot. 1411 Menlo Ave was first listed on ArdentRealEstateGroup.com on January 29, 2024. The homeowner is currently asking $1,025,000 and was originally asking $1,225,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 17.93% lower than the median priced home. Local competing homes currently for sale include 1415 W 22nd St, 1466 W 22nd St and 1543 W 22nd Pl. While the average home in Los Angeles, CA is selling in 94 days, 1411 Menlo Ave has a days on market of 93 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1411 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 1411 Menlo Ave

Public county record property details
Beds
7
Baths
4
Year built
1903
Sq. Ft.
3,679
Lot Size
7,300
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5056-001-012

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.
$602
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
38
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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