8843 Menlo Avenue 8843 Menlo Avenue Los Angeles, California 90044 United States
$900,000
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8843 Menlo Ave is a value add 4plex located inLos Angeles priced at only $247/sf. This wellmaintained 4-Unit apartment building iscomprised of all oversized (4) 2-Bed/1-Bathunits with 77% in Rental upside! Stabilizes at a9.47% cap rate and 7.81...
- 486 m²
- Exterior
- Residential Income
- Property type
- 1964
- Year Built
- SB25046644
- Web Id
- SB25046644
- MLS ID
- 65
- days ago
About 8843 Menlo Avenue
8843 Menlo Ave is a value add 4plex located inLos Angeles priced at only $247/sf. This wellmaintained 4-Unit apartment building iscomprised of all oversized (4) 2-Bed/1-Bathunits with 77% in Rental upside! Stabilizes at a9.47% cap rate and 7.81 GRM, this asset is idealfor any savvy investor to unlock the incomepotential.Built in 1964, the subject property is spread outover 3,640 Sq. Ft situated on a 5,126 Sq. Ft lot,8843 Menlo Ave is a unique value-addopportunity in an extremely fast growing rentalmarket of Los Angeles.3438 McKinley is located just minutes the 110 fwy,providing easy acces to USC, Downtown LA,Gilbert Lindsay Park, Exposition Park, LucasMuseum, Art's District, The Reef, BMO Stadium, LALive and billions of dollars worth of developmentpouring into the neighborhood.
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 310-259-7556
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 310-259-7556
PROPERTY INFORMATION
- Community Info
- Urban
- Garage Info
- 0
- Sewer
- PublicSewer
- Water
- Public
EXTERIOR
- Lot Description
- ZeroToOneUnitAcre
ADDITIONAL INFORMATION
- Number of Units
- 4
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 310-259-7556
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