CA > Los Angeles
Los Angeles, CA 90044,6612 Menlo AVE
Los Angeles, CA 90044,6612 Menlo AVE
Los Angeles, CA 90044,6612 Menlo AVE
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Lorenzo Vasquez

Lorenzo Vasquez

+1(559) 667-7612
$1,550,000
Est. payment /mo
8 Beds
10 Baths
4,620 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,620 sqft

Price per Sqft $335

MLS Listing ID 25597399

Bedrooms 8

HOA Y/N No

Year Built 1925

Lot Size 8,594 Sqft

Lot Dimensions Assessor

Property 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 Freeway as well as a number of bus stops. Nearby community establishments include Dragon Loco Chinese Food, Tom's Jr Express, A Taste of Toya, Tacos El Pajaro, LA Pulperia Catracha #3, Tacos El Vecino and more. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD2

Interior

Fireplace No

Exterior

Parking Features None

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6013010039

Special Listing Condition Standard

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CRMLS – RECore
Listed by Casey Lins Kidder Mathews of California, Inc.

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Lorenzo Vasquez

Lorenzo Vasquez

+1(559) 667-7612

Agent | License ID: 02072805

Agent License ID: 02072805

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