Welcome to 1520 Menlo, a Spanish Colonial apartment complex in the heart of Pico-Union. The property consists of (10) one-bedroom units across five separate structures on a privately gated lot. Five of the ten units have received interior renovations leaving 50% of the units well under market rents allowing the next owner to add-value and achieve upside potential. As you enter through the gated courtyard you will find (6) bungalow style apartments and a Spanish Colonial fourplex in the rear. In total, the property collects $150,300 per year plus future upside making this an ideal addition to any real estate portfolio.
Property Details
Price:
$1,995,000
MLS #:
25569941
Status:
Active
Baths:
0
Address:
1520 Menlo Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jul 25, 2025
State:
CA
ZIP:
90006
Lot Size:
7,302 sqft / 0.17 acres (approx)
Year Built:
1924
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Schools
Interior
Appliances
Refrigerator
Cooling
Wall/ Window Unit(s)
Exterior
Parking Features
None
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address1520 Menlo Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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1520 Menlo Avenue
Los Angeles, CA
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