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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Interior Features
Balcony, Open Floorplan, Recessed LightingAppliances: Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Dryer, WasherLaundry Features: Inside -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 2024Building Area Total: 7300Pool Features: NonePrivate Pool: NoView: City Lights, Neighborhood
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Lot Information
Main Square Feet: 6122 Lot Size Acres: 0.1405 Lot Size Source: Builder Lot Size Square Feet: 6,122 Lot Description: Landscaped
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Listing Price Information
Listing Price: $2900000Submit
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Tax Information
Parcel Number: 5056021016 Tax Lot: 37 Annual Tax: $35976
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Parking Information
Parking Total: 8
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Location Information
Direction: 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 WaterSource: Public
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 | $1,525,000 | 4 | 2 | 3,524 | 3,524 SqFt |
| 1867 W 11th, Los Angeles, CA, 90006 | $1,625,000 | 11 | 8 | 6,630 | 6,630 SqFt |
| 1230 S Bonnie Brae, Los Angeles, CA, 90006 | $1,049,000 | 13 | -- | 5,426 | 5,426 SqFt |
| 1153 S Westlake, Los Angeles, CA, 90006 | $699,900 | 1 | 2 | -- | |
| 1425 W 18th St. #4, Los Angeles, CA, 90006 | $1,299,000 | 4 | 4 | 3,192 | 3,192 SqFt |
| 1211 Elden Ave., Los Angeles, CA, 90006 | $1,500,000 | 7 | 5 | 3,347 | 3,347 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 |
| 1028 S Kenmore, Los Angeles, CA, 90006 | $1,400,000 | 5 | 4 | 2,408 | 2,408 SqFt |
| 1143 Irolo, Los Angeles, CA, 90006 | $2,499,990 | 12 | 14 | 5,475 | 5,475 SqFt |
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ByOwner last updated this listing 08/11/2026 @ 12:34
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