This 11-unit two story apartment complex, consist of good size units, (1) 2 bedroom + 1 Bath, (5) 1 bedroom + 1 bath and (5) single + 1 bath. On site parking and on-site laundry facility with additional $3600.00 income. Owner recently completed retrofitting, new paint for the building and newly paved parking spaces. Low maintenance building and easy to maintain. The current rents are low but has great potential for increase in rental income. This apartment complex is conveniently located in the heart of K-Town and mid-Wilshire area, short distance to DTLA, Hollywood, shopping center, market, restaurants and many well-known eateries in K-Town. Walking distances to public transportation and easy access to 10 & 101 FWY. This is a great opportunity for investors as property being R-4 Tier-4 with over 8700 sq. ft. lot.
Property Details
Price:
$2,350,000
MLS #:
24428865
Status:
Active
Baths:
0
Address:
942 Menlo Avenue
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Aug 18, 2024
State:
CA
ZIP:
90006
Lot Size:
8,763 sqft / 0.20 acres (approx)
Year Built:
1962
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Schools
Interior
Appliances
Refrigerator, Gas Cooktop, Oven, Gas Oven
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Features
Assigned, Attached Carport, Auto Driveway Gate
Parking Spots
8.00
Pool Features
None
Security Features
Automatic Gate, Carbon Monoxide Detector(s)
Spa Features
None
Stories Total
2
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City Lights
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address942 Menlo Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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Courtesy of Ivy Realty Co.. 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 2024. California Regional Multiple Listing Service. All rights reserved.
942 Menlo Avenue
Los Angeles, CA
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