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1411 Menlo Avenue

Los Angeles (City), CA 90006
  • $1,299,000
  • STATUS: Active
  • ON SITE: 163 Days
  • ID#: HD23108235
UPDATED: 46 min ago
$1,299,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1903
County:

School Ratings & Info

Listing Agent(s): Jose Cisneros of Realty One Group Roads (909-496-9936) and Lisandra Gaytan of ()


Description

Welcome Investors & Families to this Amazing Opportunity to own a Multifamily Gem in the Heart of Los Angeles. Whether you are an Investor or Someone Looking to Live in a House and Rent the other Units, this Property Offers Both Rental Income and a Comfortable Living Space with Endless Opportunities! Quadplex Features, Unit 1. Bottom left has 2 Beds 1 Full Bath with a Sizable Kitchen. Unit 2.Bottom right, A One Bed one Bath Unit 3. Upstairs on the second floor 1 Bed One Bath and Spacious Liviing Room. Unit 4(1413 S Menlo). Back House Consist of a 4 Bed 1Bath & Laundry Room. Plenty of Parking with a Privately Fenced 7 Vehicle Spaced Long Driveway Plus Street Parking Available. Property has a Spacious Well-Maintained 7,300 Sqft Lot that is Situated Minutes from A Highly Sought-after Koreatown, DTLA, Cypto Arena Center, & More. A MUST SEE!! Two Separate Address: 1411 & 1413 S Menlo Ave.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T10:29:20.113. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/140909440
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1411 Menlo Avenue Los Angeles (City), CA 90006

  • Price: $1,299,000
  • Status: Active
  • On Site: 163 Days
  • Updated: 46 min ago
  • ID#: HD23108235
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1903
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
Welcome Investors & Families to this Amazing Opportunity to own a Multifamily Gem in the Heart of Los Angeles. Whether you are an Investor or Someone Looking to Live in a House and Rent the other Units, this Property Offers Both Rental Income and a Comfortable Living Space with Endless Opportunities! Quadplex Features, Unit 1. Bottom left has 2 Beds 1 Full Bath with a Sizable Kitchen. Unit 2.Bottom right, A One Bed one Bath Unit 3. Upstairs on the second floor 1 Bed One Bath and Spacious Liviing Room. Unit 4(1413 S Menlo). Back House Consist of a 4 Bed 1Bath & Laundry Room. Plenty of Parking with a Privately Fenced 7 Vehicle Spaced Long Driveway Plus Street Parking Available. Property has a Spacious Well-Maintained 7,300 Sqft Lot that is Situated Minutes from A Highly Sought-after Koreatown, DTLA, Cypto Arena Center, & More. A MUST SEE!! Two Separate Address: 1411 & 1413 S Menlo Ave.
Exterior Features

Entry Level 1 Entry Location Front Of Building Lot Features Front YardPaved Number Of Separate Electric Meters 2 Open Parking Spaces 7 Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency Private Remarks: Please Do Not Disturb OccupantsStrictly By Appointment Only. Send Your Rpa With Preapproval LtrDu Approval& Proof Of Fund To Evrc813@Gmail.Com. Possession is 5 Days After Closing And Contingent Upon Purchasing Replacement Property. Buyer & Buyer's Agent To Do Due Diligence To Verify All. Selling "As IS" Seller Will Not Do RepairsWill Not Pay For Termite. Seller's Choice Of Services Please. Property Stands As A Triplex But Per Assessor it is A Quadplex. Has Potential Of 4 Uni Electric Expense 3589.2 Fuel Expense 2400 Garage YN No Gross Income 27960 Gross Scheduled Income 102000 Insurance Expense 3934 Land Lease YN No Laundry Features Common AreaWasher HookupGas Dryer Hookup Levels TwoMulti/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFhaFreddie MacVa Loan Net Operating Income 72317.8 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 29682.2 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Sewer Assessment(S) Special Listing Conditions Standard Trash Expense 1891 Water Sewer Expense 17868 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T10:29:20.113. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Jose Cisneros of Realty One Group Roads (909-496-9936) and Lisandra Gaytan of ()