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6275 Menlo Ave, Los Angeles, CA 90044
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6275 Menlo Ave Los Angeles, CA 90044

$895,000
  • 8 Beds
  • 4 Baths
  • 3,766 Sq.Ft.
For Sale
$895,000 Get Pre-Qualified
Map preview of 6275 Menlo Ave, Los Angeles, CA 90044

Property Overview: 6275 Menlo Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,766 living square feet and 4,294 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: Total Realty Group is proud to present 6275 Menlo Ave! 6275 Menlo Ave in Los Angeles is a multi-family home built in 1965. The property features 3,766 SF of living space on a 4,294 square foot lot. The property includes a total of 8 bedrooms and 4 bathrooms, divided into 4 - 2 Bed + 1 Bathroom units. The property is situated in a neighborhood with good walkability and access to public transportation. Close to the Colisseum and USC, this is a great investment opportunity with rental upside. DRIVE BY ONLY! DO NOT DISTURB TENANTS!

Listed by Michael R. Fukushima | BRE #01380445 | Keller Williams Downtown LA
Co-listed by Stephen F. Watson | BRE #01187813 | Keller Williams Downtown LA
Last checked: 9 minutes ago | Last updated: June 10th, 2024 | Source CRMLS | DOM: 8
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Home details

Lot Sq. Ft
4,294
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24402253
City
Los Angeles
County
Los Angeles
Time on Site
7 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,522
  • Total Rent: $1,522
  • Pro Forma/Market Rent: $2,810
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,282
  • Total Rent: $1,282
  • Pro Forma/Market Rent: $2,810
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,644
  • Total Rent: $1,644
  • Pro Forma/Market Rent: $2,810
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,364
  • Total Rent: $1,364
  • Pro Forma/Market Rent: $2,810
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.7%
  • Gross Rent Multiplier: 12.8
  • Gross Scheduled Income: --
  • Net Operating Income: $42,092
  • Gross Operating Income: $69,744
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6275 Menlo Ave

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Property Details for 6275 Menlo Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Street, Covered
Property Information
  • Total # of Units: 4
  • Parcel Number: 6004015010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From the 110 Freeway, take the Gage exit, go West on Gage, go North on Menlo. Property is on the corner of Menlo.
View more facts & features

Local Los Angeles Agent

Sale History for 6275 Menlo Ave

Last sold for $200,000 on October 30th, 1997

  • June, 2024

  • Jun 10, 2024

    Date

    Active

    CRMLS: 24402253

    $895,000

    Price

  • October, 1997

  • Oct 30, 1997

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

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Tax History for 6275 Menlo Ave

Assessed Value (2020): $291,983
Year Land Value Improved Value Assessed Value
2020 $175,195 $116,788 $291,983

Home Value Compared to the Market

This property vs the competition

6275 Menlo Ave is listed 28.4% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $237.65 per/sqft which puts the price per square foot 69.53% lower than the median price per square foot for the city of Los Angeles.

About 6275 Menlo Ave

Detailed summary of property

6275 Menlo Ave is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 3,766 living square feet, and sits on an approximately 4,294 square foot lot. 6275 Menlo Ave was first listed on ArdentRealEstateGroup.com on June 10, 2024. The homeowner is currently asking $895,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 28.4% lower than the median priced home. Local competing homes currently for sale include 5860 Estrella Ave, 908 W 57th St and 601 W 74th St. While the average home in Los Angeles, CA is selling in 98 days, 6275 Menlo Ave has a days on market of 8 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 6275 Menlo Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6275 Menlo Ave

Public county record property details
Beds
8
Baths
4
Year built
1965
Sq. Ft.
3,766
Lot Size
4,294
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
6004-015-010

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
81
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

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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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