1724 Menlo Avenue, Los Angeles, CA 90006
Local realty services provided by:CENTURY 21 Experience
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....
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Home facts
- Year built:2024
- Listing ID #:BB26115819
- Added:1 day(s) ago
- Updated:May 28, 2026 at 06:30 PM
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
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