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8843 Menlo Ave is a value add 4plex located inLos Angeles priced at only $247/sf. This wellmaintained 4-Unit apartment building iscomprised of all oversized (4) 2-Bed/1-Bathunits with 77% in Rental upside! Stabilizes at a9.47% cap rate and 7.81 GRM, this asset is idealfor any savvy investor to unlock the incomepotential.Built in 1964, the subject property is spread outover 3,640 Sq. Ft situated on a 5,126 Sq. Ft lot,8843 Menlo Ave is a unique value-addopportunity in an extremely fast growing rentalmarket of Los Angeles.3438 McKinley is located just minutes the 110 fwy,providing easy acces to USC, Downtown LA,Gilbert Lindsay Park, Exposition Park, LucasMuseum, Art's District, The Reef, BMO Stadium, LALive and billions of dollars worth of developmentpouring into the neighborhood.
Last Updated | 3/4/2025 | Year Built | 1964 |
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Community | Metropolitan South | County | Los Angeles |
Additional Details
AREA | Metropolitan South |
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LOT | 5126 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | LAR2 |
Location
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