8843 Menlo Ave Los Angeles, CA 90044

8843 Menlo Ave Los Angeles, CA 90044

    $90,000
    Request info

    Basics

    • Date added: Added 1 month ago
    • Units: 8
    • Lot size, sq ft: 5126 sq ft
    • Year built: 1930

    Description

    • Description:

      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.

      Show all description

    Location

    Documents

    Ask an Agent About This Home

    Phone
    I agree to the Terms of Use and Privacy Policy
    Powered by Estatik

    Reset password

    Enter your email address and we will send you a link to change your password.

    Get started with your account

    to save your favourite homes and more

    Get started with your account

    to save your favourite homes and more

    I agree to the Terms of Use and Privacy Policy
    Powered by Estatik