942 Menlo Avenue
$2,350,000
8
11
6,616
6,616
$355
Description
This 11-unit two story apartment complex, consist of good size units, (1) 2 bedroom + 2 Bath, (5) 1 bedroom + 1 bath and (5) single + 1 bath. On site parking and on-site laundry facility with additional $300 per month 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...This 11-unit two story apartment complex, consist of good size units, (1) 2 bedroom + 2 Bath, (5) 1 bedroom + 1 bath and (5) single + 1 bath. On site parking and on-site laundry facility with additional $300 per month 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.
- Listed by Enny E. Chong • DRE #01419676 • Brokerage DRE #00908242 • Ivy Realty Co.
- Listed by Kyi Lee • DRE #01815410 • Brokerage DRE #01067529 • KORUS Real Estate
Property Details for 942 Menlo Avenue
Zoning
LAR4
Parcel Number5076002025
Total Units11.0
Living Area6616
Source Living AreaVendor Enhanced
AreaMid-Wilshire (C17)
Vacancy Rate0
Lot Size Area8763
LISTING UPDATED: 08/26/2024 12:01 AM
Property Details for 942 Menlo Avenue
Status | Active |
---|---|
MLS # | 24-428865 |
Days on Market | 96 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.20 AC / 8,763 SF |
County | Los Angeles County |
Building Information for 942 Menlo Avenue
Stories2Residences-Year Built1962Building Size-Lot Size0.20 AC / 8,763 SF
Property Information for 942 Menlo Avenue
Property History for 942 Menlo Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 942 Menlo Avenue
Taxable ValueLand$1,715,522Additions$645,470Total$2,360,992
Tax Record2024$29,656 ($2,471 / month)
Home Facts
Total Finished SqFt6,616 SqFtAbove Grade Finished SqFt6,616 SqFtLot Size8,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLAR4CountyLOS ANGELESAPN5076-002-025
Schools near 942 Menlo Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Hoover Street Elementary School PublicK to 5 | ||
Young Oak Kim Academy Public6 to 8 | ||
Berendo Middle School Public6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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