Address
6609 Menlo Avenue Los Angeles, CA
Price
$ 1,325,000
Property Attributes
  • MLS#CV21083935
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan South
  • Zip90044
  • Style
  • Price$ 1,325,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size8,581 SqFt
Listing Provided Courtesy Of:
LAUREN ALPERT with REALTY MASTERS & ASSOCIATES.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Calling all investors!!! This property presents the unique opportunity to purchase a massive 5-unit apartment, with a BRAND NEW 3 BDR ADU, at a current cap of 6.52% & GRM of 11.88! The best part? There's more value-add potential with the huge basement that you can add another ADU to and convert this 5-unit into a 6-unit! In today's market, you will not find another like it. Put your offers in fast.

Price History
4/22/2021 Listed $1,325,000

General Features

Community Features Urban
Garage Spaces 4
Garage Y/N Yes
Listing Agent LAUREN ALPERT - BRE#02040938
Listing Agent State License 02040938
MLS Area C37 - Metropolitan South
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Cash, Conventional, 1031 Exchange
Total Actual Rent 9219
Total Units 5
Water Sewer Expense 2400
Zoning LARD1.5

Interior Features

Common Walls 2+ Common Walls
Laundry Features Gas Dryer Hookup

Exterior Features

Lot Features Level
Lot Size Acres 0.2
Lot Size Area 8581
Lot Size Source Assessor
Lot Size Square Feet 8581
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 2
Total Parking 4
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90044

Price
AVG $960K
$1.33M
Visits
AVG 25
21
Year Built
AVG 1937
1924
Walkscore
AVG 65
70
Data Provided by Walkscore ® not using MLS data