8843 Menlo Avenue, Los Angeles, CA 90044 - Berkshire Hathaway HomeServices California Properties

Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

Interested in This Property? Request Virtual Showing Your message will be sent to Jimmy.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Agent Remarks

8843 Menlo Ave is a value add 4plex located in Los Angeles priced at only $247/sf. This well maintained 4-Unit apartment building is comprised of all oversized (4) 2-Bed/1-Bath units with 77% in Rental upside! Stabilizes at a 9.47% cap rate and 7.81 GRM, this asset is ideal for any savvy investor to unlock the income potential. Built in 1964, the subject property is spread out over 3,640 Sq. Ft situated on a 5,126 Sq. Ft lot, 8843 Menlo Ave is a unique value-add opportunity in an extremely fast growing rental market of Los Angeles. 3438 McKinley is located just minutes the 110 fwy, providing easy acces to USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# SB25046644

List price is $900,000

Beds: 0

Baths: 0

Built in 1964

0.12 acres

Lot size: 0.1177

County: Los Angeles

Zoning: LAR2