942 Menlo AVE, Los Angeles, CA 90006 – 24428865

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$2,350,000

Est. payment - /mo

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8 BD

11 BA

6,616 SqFt

Active

942 Menlo AVE Los Angeles, CA 90006

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Enrique Arce Cervera

enriquearcerealty@gmail.com +1(702) 601-3668

UPDATED:

12/15/2024 10:28 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,616 sqft

Price per Sqft $355

MLS Listing ID 24428865

Bedrooms 8

HOA Y/N No

Year Built 1962

Lot Size 8,764 Sqft

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 C17 - Mid-Wilshire

Zoning LAR4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Gas Cooktop, Gas Oven, Oven, Refrigerator

Laundry Common Area

Exterior

Parking Features Attached Carport, Assigned, Electric Gate

Pool None

View Y/N Yes

View City Lights

Attached Garage Yes

Total Parking Spaces 8

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5076002025

Security Features Carbon Monoxide Detector(s),Security Gate

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Enny E. Chong • Ivy Realty Co.

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Enrique Arce Cervera

Realtor | RE.S.0193817

+1(702) 601-3668

942 Menlo AVE Los Angeles, CA 90006

Enrique Arce Cervera

Key Details

Location

Interior

Exterior

Building

Others

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942 Menlo AVE