$1,499,000

8718 Menlo Ave, Los Angeles, CA 90044

11 beds |
7 baths

Multi-Family Home
Built in ——
5,406sqft lot
—— car garage
$——/sqft
Listed 24 days ago

Property Description

LA Income Powerhouse! Triplex with Solar & Maximum Cash Flow Potential. Invest smarter in the heart of Los Angeles with this exceptional, permitted 3 unit income property designed for top tier performance! Located in the high demand area of Los Angeles, an area showing positive real estate trends with a strong rental market. This property is poised to maintain stable, significant monthly profits. Built in 2011 this property is in great condition and has been maintained exceptionally well. 2 front units boast of a spacious living room, bedrooms and fully equipped kitchens. Newly built rear 3rd unit includes a private back patio with a great layout and modern details. Maximize your rent roll with large, highly desirable units: Unit 1: 4 spacious Bedrooms / 2 Bathrooms Unit 2: 5 Bedrooms / 3 Bathrooms Unit 3 New Construction ADU: 2 Bedrooms / 2 Bathrooms with a living area of 1,224 sqft Built-In Income Streams: Boost your bottom line instantly with the included, coin-operated Washer/Dryer machines a dedicated, hassle-free revenue source. Green & Lean Operations: Enjoy significantly reduced utility expenses thanks to fully owned Solar Panels, ensuring a higher net OI from day one. The brand new, back-unit ADU was constructed by professional contractors with all necessary permits, for maximum valuation. Secure Parking: The property features a gated, long driveway providing secure access, including two assigned spots, a premium amenity in LA. Situated in a dynamic and growing LA neighborhood, this property has convenient access to major freeways, public transit options, and is ce

Listing Status:: Active
Listing Office:: Christopher Oliver : 562-631-8534
Listing Agent:: Christopher Oliver : 562-631-8534
MLS ID:: DW25249180

A/C: Central Forced Air

Pool: N/K

General: 1 Story

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor6038022021

Source: California Regional MLS

This listing courtesy of Christopher Oliver, Christopher Oliver

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Danny J. Bakewell Sr. Primary Center

8621 Baring Cross St, Los Angeles, CA, 90044

Grades KG-KG

0.07 miles away

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

0.48 miles away

Youth Opportunities Unlimited

915 W Manchester Ave, Los Angeles, CA, 90044

Grades 9-12

0.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.