942 Menlo Ave Active

Los Angeles,CA 90006

$ 2350000

8 Beds

11 Baths

6616 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,616 sqft

Price per Sqft $355

MLS Listing ID 24-428865

Bedrooms 8

Year Built 1962

Lot Size 8,763 Sqft

Acres 0.2012

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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Range/Oven, Refrigerator

Laundry Community, Laundry Area

Exterior

Parking Features Assigned, Carport Attached, Auto Driveway Gate

Garage Spaces 8.0

Pool None

View Y/N Yes

View City, City Lights

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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