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Listed by: Casey Lins (714) 333-6768 DRE #01902650, Vincent Cook DRE #02012324 | Kidder Mathews of California, Inc. (858) 369-3010
$1,550,000
16 Beds
- 20 Baths
4,620sqft
6612 Menlo Ave, Los Angeles, CA 90044
$1,550,000
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Multi Family
Built in 1925
$-- HOA
8,593 sqft lot
$335/sq.ft
Description
We are pleased to present 6612 Menlo Ave, a 10-unit multifamily community in Los Angeles, offered at a 7.77 GRM and an 8.92% CAP on current rents, with upside potential to achieve a 6.94 GRM and a 10.35% CAP with market rents. This opportunity consists of five separate duplexes offering of a total of 4,620 rentable square feet. Built in 1925, the property sits on a large, 8,593 square foot LARD2-zoned corner lot. The unit mix features two (2) studios and eight (8) one-bedroom one-bathroom units. Two units will be delivered VACANT. Located on the corner of S Menlo Ave and W 68th St, this property is located near Mount Caramel Recreation Center, six blocks west of the 110 F...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1925
HOA Fees
-
Finished Area
4,620 sqft
Lot Size
8,593 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25597399
MLS Status
Pending
Days on Market
81
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