$2,350,000
Active
52 Days Online
8 Beds11 Baths6,616 SQFT
Active

942 Menlo Avenue Los Angeles, CA 90006

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site52 Days
  • MLS StatusActive
  • MLS ID Number24428865
  • Home Size Source N/A
  • Year Built1962
  • Lot Size0.2012 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking AssignedAttached CarportAuto Driveway Gate
  • Parking Spaces 8
  • Number of Stories 22
  • Acreage 0.2012
  • Security Automatic GateCarbon Monoxide Detector(s)
  • Attached Garage Yes
  • Zoning LAR4
  • Listing Conditions Standard

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Wall Furnace
  • Appliances RefrigeratorGas CooktopOvenGas Oven
  • Laundry Features Community

Exterior Features

  • View City Lights
  • Spa No
  • Pool Features None
  • Spa Features None

Community Features

  • Senior Community No
  • MLS Area C17 - Mid-Wilshire
  • Security Features Automatic GateCarbon Monoxide Detector(s)

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Monthly Payment (Est.)

$11,661
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