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
Financial
Map
Community
- Address1520 Menlo Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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Courtesy of Figure 8 Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1520 Menlo Avenue
Los Angeles, CA
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