1724 Menlo Avenue
Los Angeles, CA 90006
15
Bed
16
Bath
7,300Sqft
6,122Sqft(Lot)
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,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Interior Features: Balcony,Open Floorplan,Recessed Lighting Property Appliances: Dishwasher,Electric Oven,Freezer,Gas Range,Microwave,Dryer,Washer Fireplace: None Flooring: Laminate,Tile -
Cooling Features
Central Air Air ConditioningHeating Source
Central Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 2024 Building Area Total: 7,300 -
Pool Features
NoneLaundry Features
InsideFencing
New Condition
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1405 -
Lot Size Source: Builder Lot Size Square Feet: 6122
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Listing Price Information
Original List Price: 2,900,000 Listing Contract Date: 2026-05-28 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5056021016 Annual Tax: 35976
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Rental Info
Lease Term: Negotiable Tenant Pays: All Utilities
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Other Property Info
Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: 1724 Menlo Ave offers investors a centrally located asset with immediate access to the I-10 Freeway, USC, Exposition Park, DTLA, and strong surrounding tenant demand Source Property Type: Residential Income Area: C16 - Mid Los Angeles Property SubType: Quadruplex -
Building and Construction
Property Age: 2 Common Walls: 1 Common Wall,No One Above,No One Below Property Condition: Turnkey Structure Type: Quadruplex Year Built Source: Builder Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Three Or More
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1037 S Bonnie Brae, Los Angeles, CA, 90006 | $1,699,000 | 4 | 2 | 3,524 | 3,524 SqFt |
| 1867 W 11th, Los Angeles, CA, 90006 | $1,625,000 | 11 | 8 | 6,630 | 6,630 SqFt |
| 1845 W 12th, Los Angeles, CA, 90006 | $1,249,000 | 8 | 5 | 4,258 | 4,258 SqFt |
| 1230 S Bonnie Brae, Los Angeles, CA, 90006 | $1,049,000 | 13 | -- | 5,426 | 5,426 SqFt |
| 1153 S Westlake, Los Angeles, CA, 90006 | $750,000 | 1 | 2 | 2,654 | 2,654 SqFt |
| 2006 W 12th Street, Los Angeles, CA, 90006 | $850,000 | 4 | 3 | 2,166 | 2,166 SqFt |
| 1211 Elden Ave., Los Angeles, CA, 90006 | $1,500,000 | 7 | 5 | 3,347 | 3,347 SqFt |
| 1741 S S New England, Los Angeles, CA, 90006 | $950,000 | 7 | 5 | 1,904 | 1,904 SqFt |
| 1757 S New England, Los Angeles, CA, 90006 | $1,050,000 | 4 | 3 | 2,147 | 2,147 SqFt |
| 1334 S Berendo Street, Los Angeles, CA, 90006 | $1,388,888 | 7 | 4.5 | 2,623 | 2,623 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/18/2026 @ 02:16
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