8718 Menlo Ave new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25249180
Year Built 2011
Lot Size 5,405 Sqft
Property Sub-Type Triplex
Property Description
LA Income Powerhouse! Triplex with Solar & Maximum Cash Flow Potential. Invest smarter in the heart of Los Angeles with this exceptional, permitted 3 unit income property designed for top tier performance! Located in the high demand area of Los Angeles, an area showing positive real estate trends with a strong rental market. This property is poised to maintain stable, significant monthly profits. Built in 2011 this property is in great condition and has been maintained exceptionally well. 2 front units boast of a spacious living room, bedrooms and fully equipped kitchens. Newly built rear 3rd unit includes a private back patio with a great layout and modern details. Maximize your rent roll with large, highly desirable units:
Unit 1: 4 spacious Bedrooms / 2 Bathrooms
Unit 2: 5 Bedrooms / 3 Bathrooms
Unit 3 New Construction ADU: 2 Bedrooms / 2 Bathrooms with a living area of 1,224 sqft
Built-In Income Streams: Boost your bottom line instantly with the included, coin-operated Washer/Dryer machines a dedicated, hassle-free revenue source.
Green & Lean Operations: Enjoy significantly reduced utility expenses thanks to fully owned Solar Panels, ensuring a higher net OI from day one.
The brand new, back-unit ADU was constructed by professional contractors with all necessary permits, for maximum valuation.
Secure Parking: The property features a gated, long driveway providing secure access, including two assigned spots, a premium amenity in LA.
Situated in a dynamic and growing LA neighborhood, this property has convenient access to major freeways, public transit options, and is centrally located relative to USC, Downtown LA, and major employment hubs. The community features essential amenities, making it a continuously attractive location for long term tenancy and a smart, strategic investment.
This is more than a property; it's a premier wealth building machine. Don't miss this rare opportunity to secure this low-maintenance, and cash flow asset in the competitive Los Angeles market!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Heating Central
Cooling Central Air
Flooring Laminate,Tile
Fireplaces Type None
Laundry Common Area,Inside
Exterior
Parking Features Assigned,Driveway
Pool None
Community Features Sidewalks
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected
View Y/N No
View None
Building
Lot Description Back Yard,Front Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan
Listing Terms Cash,Cash to Existing Loan
Special Listing Condition Standard