Skip To Content

    6609 Menlo Avenue

    Los Angeles, CA 90044
    • $1,325,000
    • STATUS: ACTIVE
    • ON SITE: 25 days
    • ID#: CV21083935
    UPDATED: 34 min ago
    $1,325,000
    • 10
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Calling all investors!!! This property presents the unique opportunity to purchase a massive 5-unit apartment, with a BRAND NEW 3 BDR ADU, at a current cap of 6.52% & GRM of 11.88! The best part? There's more value-add potential with the huge basement that you can add another ADU to and convert this 5-unit into a 6-unit! In today's market, you will not find another like it. Put your offers in fast. Calling all investors!!! This property presents the unique opportunity to purchase a massive 5-unit apartment, with a BRAND NEW 3 BDR ADU, at a current cap of 6.52% & GRM of 11.88! The best part? There's more value-add potential with the huge basement that you can add another ADU to and convert this 5-unit into a 6-unit! In today's market, you will not find another like it. Put your offers in fast.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/116358598
    Print Image

    6609 Menlo Avenue Los Angeles, CA 90044

    • Price: $1,325,000
    • Status: ACTIVE
    • Updated: 34 min ago
    • ID#: CV21083935
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    Neighborhood:
    Los Angeles (90044)
    County:
    Los Angeles
    Area:
    Los Angeles (90044)
    Property Description
    Calling all investors!!! This property presents the unique opportunity to purchase a massive 5-unit apartment, with a BRAND NEW 3 BDR ADU, at a current cap of 6.52% & GRM of 11.88! The best part? There's more value-add potential with the huge basement that you can add another ADU to and convert this 5-unit into a 6-unit! In today's market, you will not find another like it. Put your offers in fast. Calling all investors!!! This property presents the unique opportunity to purchase a massive 5-unit apartment, with a BRAND NEW 3 BDR ADU, at a current cap of 6.52% & GRM of 11.88! The best part? There's more value-add potential with the huge basement that you can add another ADU to and convert this 5-unit into a 6-unit! In today's market, you will not find another like it. Put your offers in fast.
    Exterior Features

    Pool N/K

    Interior Features

    Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 6.52 Annual Expense Actual 22888 Buildings 3 Gross Rent Multiplier Actual 11.88 Gross Scheduled Income Actual 11648 Home Owners Fees 0.0 Tenant Pays TrashElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2735.0 Unit2 Rent Actual 2875.0 Unit3 Rent Actual 1486.0 Unit4 Rent Actual 954.0 Zoning Assessor

    Listing provided courtesy of Realty Masters & Associates. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_303066908-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_303066908-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_303066908-1.jpg
    Logo
    Compass
    7863 Girard Ave. #208
    La Jolla CA, 92037