942 Menlo Avenue

Los Angeles, CA 90006

$2,350,000

List Price

8

bed Beds

11

shower Baths

6,616 sqft

straighten / sqft

1962

calendar_month Built

Property Description

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.

Listing Information

List Price $2,350,000
Status Active
MLS 24428865
Type Residential Income
Year Built 1962
Lot Size 8,763
Structure Size 6,616
DOM 22
Courtesy Of Ivy Realty Co.
Listing Agent Enny E. Chong DRE#01419676
Co-Listing Agent Kyi Lee DRE#01815410

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 11
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Enny E. Chong, Kyi Lee, Ivy Realty Co. 213-700-6130. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.