For Sale

Listed by Enny E. Chong and Kyi Lee from Ivy Realty Co.

Source: California Regional Multiple Listing Service, Inc #24428865

942 Menlo Ave, Los Angeles, CA, 90006

$2,350,000

8
11
8
6616 sq. ft.
8763 sq. ft.

Other

30+ days on the market

What's around 942 Menlo Ave

About this property

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 $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.

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