1724 Menlo Avenue, Los Angeles, CA 90006

Local realty services provided by:ERA Excel Realty
#1#2#3
1724 Menlo Avenue,Los Angeles, CA 90006
$2,995,000
  • 15 Beds
  • 15 Baths
  • 7,700 sq. ft.
  • Multi-family
  • Active
Listed by:armin soleimani
Office:global platinum properties, inc.
MLS#:25529927
Source:CRMLS

Price summary

  • Price:$2,995,000
  • Price per sq. ft.:$388.96

About this home

Presenting a prime investment opportunity in Los Angeles: five newly constructed units, completed in 2023, are available directly from the developer. This strategically located property offers a strong income stream with a 6.24% cap rate and potential for additional ADU conversions. Each unit showcases modern finishes for a luxurious living experience, featuring independent metering for gas, water, and electricity to ensure low-maintenance efficiency. Covering 7,700 square feet, the property includes two four-bedroom units, two three-bedroom units, and one-bedroom ADU, all in the dynamic Pico-Union area. Thoughtfully designed with en-suite bathrooms in every bedroom and ample parking for tenants, this offering is ideal for 1031 exchange buyers and investors seeking steady cash flow in a vibrant market. Conveniently situated just west of Downtown Los Angeles, north of USC Village, and east of Koreatown, this property is a standout investment choice.

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Home facts

  • Year built:2023
  • Listing Id #:25529927
  • Added:118 day(s) ago
  • Updated:August 21, 2025 at 01:30 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:15
  • Living area:7,700 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:2023
  • Building area:7,700 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$2,995,000
  • Price per sq. ft.:$388.96
Based on information from California Regional Multiple Listing Service, Inc. as of August 21, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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