1724 Menlo Avenue, Los Angeles, CA 90006
Local realty services provided by:CENTURY 21 Valley Properties
1724 Menlo Avenue,Los Angeles, CA 90006
$2,900,000
- - Beds
- - Baths
- 7,300 sq. ft.
- Multi-family
- Active
Listed by: cheyenne womack, lauren cearley
Office: myunits.com inc.844-698-6487
MLS#:BB26115819
Source:CRMLS
Price summary
- Price:$2,900,000
- Price per sq. ft.:$397.26
About this home
1726 Menlo Ave is a fully stabilized newly constructed 2024 five-unit multifamily community located in the heart of Pico-Union, just minutes from Downtown Los Angeles, Koreatown, and USC. This NON-RENT-CONTROLLED asset offers investors a rare opportunity to acquire a turn-key property with an attractive REAL 6.37% stabilized cap rate, low operating expenses, and an exceptional price point at under $400/SF — an increasingly rare value for new construction multifamily in central Los Angeles.
The property features an ideal unit mix across two modern buildings, consisting of two 4-bedroom/4-bathroom units, two 3-bedroom/3.5-bathroom units, and one 1-bedroom/1-bathroom unit. Each residence includes private entrances, in-unit washers and dryers, separately metered gas, water, and electricity, and luxury finishes throughout, including modern kitchens, designer tile, high ceilings, and oversized windows. The property also offers eight dedicated parking spaces, enhancing long-term tenant appeal. With a Walk Score of 85 and close proximity to LA Live, Crypto.com Arena, the Arts District, and Koreatown’s dining and nightlife.
1726 Menlo Ave is well positioned to attract strong tenant demand from students, young professionals, and creatives alike. As new
multifamily construction opportunities continue to tighten under SB-8 restrictions, this property presents an exceptional opportunity for investors seeking stable cash flow, minimal maintenance, and long-term appreciation potential....
Contact an agent
Home facts
- Year built:2024
- Listing ID #:BB26115819
- Added:20 day(s) ago
- Updated:June 18, 2026 at 10:32 AM
Rooms and interior
- Flooring:Laminate, Tile
- Kitchen Description:Dishwasher, Electric Oven, Freezer, Gas Range, Microwave
- Living area:7,300 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2024
- Building area:7,300 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Landscaped
- Architectural Style:Modern
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$397.26
- Tax amount:$35,976
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Oven, Freezer, Washer
- Laundry features:Dryer, Inside, Washer
- Amenities:Balcony, Open Floor Plan, Recessed Lighting
Parking
- Total parking spaces:8
New listings near 1724 Menlo Avenue
- New
$1,299,995Active4 beds 3 baths2,436 sq. ft.18778 Algiers Street, Porter Ranch, CA 91326
MLS# SR26131935Listed by: PARK REGENCY REALTY - New
$699,000Active5 beds -- baths2,247 sq. ft.186 E Vernon Avenue, Los Angeles, CA 90011
MLS# CL26848321Listed by: KIDDER MATHEWS OF CALIFORNIA, INC. - New
$1,250,000Active4 beds -- baths2,336 sq. ft.12029 Washington Place, Los Angeles, CA 90066
MLS# CL26848573Listed by: PARDEE PROPERTIES - New
$2,795,000Active12 beds -- baths6,036 sq. ft.1197 Browning Boulevard, Los Angeles, CA 90037
MLS# CL26848695Listed by: COMPASS - New
$649,000Active4 beds -- baths1,596 sq. ft.619 E 87th Street, Los Angeles, CA 90002
MLS# CL26848701Listed by: JOHNHART CORP. - New
$950,000Active7 beds -- baths2,415 sq. ft.1318 E 59th Place, Los Angeles, CA 90001
MLS# CL26848799Listed by: KIDDER MATHEWS OF CALIFORNIA, INC. - New
$1,795,000Active6 beds -- baths3,861 sq. ft.7932 Blackburn Avenue, Los Angeles, CA 90048
MLS# CL26849011Listed by: COMPASS - Open Sat, 1 to 4pmNew
$799,000Active3 beds 2 baths1,473 sq. ft.820 S Wilton Place #201, Los Angeles, CA 90005
MLS# 26848537Listed by: DREAM REALTY & INVESTMENTS INC - New
$439,000Active2 beds 1 baths740 sq. ft.5535 Canoga Avenue #319, Woodland Hills, CA 91367
MLS# 26848939Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - New
$8,500,000Active5 beds 7 baths6,646 sq. ft.2358 Kimridge Road, Beverly Hills, CA 90210
MLS# 26849121Listed by: THE BEVERLY HILLS ESTATES