1724 Menlo Ave Los Angeles, CA 90006

• November, 2023

• Nov 1, 2023

  Date

  Expired

  CRMLS: 23304169

  $3,199,000

  Price

• Aug 23, 2023

  Date

  Active

  CRMLS: 23304169

  $3,199,000

  Price

• Listing provided courtesy of CRMLS

  This stunning collection of 4 Units + 1 ADU situated in the heart of Los Angeles, built in 2023, offers investors a solid 6% Cap Rate! Step inside and you will be welcomed by luxury finishes and amenities that provide the ultimate comfort. With three out of five units already leased, this is an opportunity that you do not want to pass up. Each space includes multiple master suites with balconies boasting views of the city, assigned parking, and private outdoor areas. Oversized windows fill the area with light, high ceilings creating a sense of grandeur, designer bathrooms adding elegance, modern black hardware for style and warm wood-inspired floor planks for comfort. Further enhanced by central HVAC systems, washer/dryer combos, stainless steel appliances and individual utility meters and e-charging plug outlets which keep tenant expenses low. Located near Koreatown, West Adams, Downtown LA and USC. Easily accessible utilizing public transportation or via the 101, 10 & 110 freeways - this investment option offers stability while providing steady returns on investment due to its desirable location.

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• October, 2023

• Oct 1, 2023

  Date

  Expired

  CRMLS: 23301297

  $3,199,000

  Price

• Aug 15, 2023

  Date

  Active

  CRMLS: 23301297

  $3,199,000

  Price

• Listing provided courtesy of CRMLS

  Introducing a remarkable find in the heart of Los Angeles, the 2023 built collection of 4 units plus an ADU is truly a gem flowing at a 6% Cap Rate! From the moment you step inside any of these spaces, you'll be greeted by impeccable finishes and top-notch amenities that promise both luxury and comfort. With three out of five units already leased and generating income, this investment opportunity is as enticing as it gets. Each unit boasts multiple master suites, balconies to soak in city views, assigned parking spaces for convenience, and private yard areas for relaxation or entertainment. The attention to detail continues with oversized windows allowing natural light to flood in, high ceilings adding grandeur to each space, designer bathroom coverings exuding elegance, sleek black hardware adding a touch of modernity, and large wood-inspired floor planks offering both warmth and style. These well-equipped units also feature central AC for year-round comfort, an in-unit washer/dryer combination for added convenience, and stainless steel appliances bringing functionality into play. Moreover, with individual utility meters and e-charging plug outlets integrated into each unit and low-impact construction methods ensuring water efficiency - tenants' expenses are kept at bay while investors relish steady returns on their investment. This amalgamation of new construction excellence coupled with smart design choices alongside a solid 6% Cap Rate further fortified by its desirable location instills stability and peace of mind, making it an undeniable haven for your money.

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• May, 2023

• May 17, 2023

  Date

  Canceled

  CRMLS: 23249639

  $3,295,000

  Price

• Mar 9, 2023

  Date

  Active

  CRMLS: 23249639

  $3,295,000

  Price

• Listing provided courtesy of CRMLS

  Take this fantastic opportunity to invest in a newly-constructed building with high-end finishes and amenities designed to exceed expectations. Boasting a 5.5% Cap Rate and price per door under $650,000, you won't find a more desirable deal in Mid-Los Angeles! The property is separately metered and supplied with solar panels, low-impact standards, and water-efficient scaping to maintain cost-effectiveness for investors. These units contain multiple master suites, balconies, assigned parking spaces, oversized windows, high ceilings, designer bathroom coverings, flat panel cabinets with sleek black hardware, large wood-inspired floor planks, and stainless steel appliances. Plus the added bonus of central AC and in-unit washer/dryer will bring convenience to your tenants which will maximize the rent amount. Located in the heart of LA near Crypto Arena, LA Live & Exposition Park public transport is accessible nearby or easily access freeways 10, 101 & 110. Don't let this unbeatable bargain pass you by act now before it's gone!

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• June, 2021

• Jun 4, 2021

  Date

  Sold

  CRMLS: PW20260819

  $551,450

  Price

• May 31, 2021

  Date

  Active Under Contract

  CRMLS: PW20260819

  $570,000

  Price

• Apr 13, 2021

  Date

  Price Change

  CRMLS: PW20260819

  $570,000

  Price

• Dec 21, 2020

  Date

  Hold

  CRMLS: PW20260819

  $450,000

  Price

• Dec 21, 2020

  Date

  Active

  CRMLS: PW20260819

  $450,000

  Price

• September, 1999

• Sep 28, 1999

  Date

  Sold (Public Records)

  Public Records

  $169,000

  Price

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