1724 Menlo AVE Los Angeles, CA 90006
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25218032
Construction Status Turnkey
HOA Y/N No
Year Built 2024
Annual Tax Amount $35,976
Lot Size 6,120 Sqft
Property Sub-Type Quadruplex
Property Description
The property showcases an ideal unit mix across two modern buildings, featuring two spacious 4-bedroom/4-bathroom units, two 3-bedroom/3.5-bathroom units, and one highly rentable 1-bedroom/1-bathroom unit. Designed with premium layouts, each residence is separately metered for gas, water, and electric, and comes equipped with in-unit washers/dryers, private entrances, and dedicated parking (8 spaces total), ensuring long-term tenant appeal and low operating costs.
Luxury finishes include sleek modern kitchens, designer tile, high ceilings, expansive windows, and thoughtfully designed interiors that maximize both function and style. With an impressive Walk Score of 85, residents enjoy easy access to neighborhood dining, cafes, and entertainment, while being a short drive from LA Live, USC, Crypto.com Arena, the Arts District, and Koreatown's vibrant nightlife.
With SB-8 limiting new construction, opportunities like this are increasingly rare. The combination of a high cap rate, desirable unit mix, premium finishes, and unbeatable location make 1724 Menlo Ave a turn-key, cash-flowing investment and a perfect 1031 exchange option in one of LA's strongest rental corridors.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Interior Features Balcony, Open Floorplan, Recessed Lighting
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Dryer, Washer
Laundry Inside
Exterior
Fence New Condition
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View City Lights, Neighborhood
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 5056021016
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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