1724 Menlo Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1724 Menlo Avenue,Los Angeles, CA 90006
$2,900,000
  • - Beds
  • - Baths
  • 7,300 sq. ft.
  • Multi-family
  • Active
Listed by: cheyenne womack, lauren cearley
Office: myunits.com inc.844-698-6487
MLS#:BB26115819
Source:CRMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$397.26

About this home

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, and luxury finishes throughout, including modern kitchens, designer tile, high ceilings, and oversized windows. The property also offers eight dedicated parking spaces, enhancing long-term tenant...

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Home facts

  • Year built:2024
  • Listing ID #:BB26115819
  • Added:11 day(s) ago
  • Updated:June 09, 2026 at 10:34 AM

Rooms and interior

  • Flooring:Laminate, Tile
  • Kitchen Description:Dishwasher, Electric Oven, Freezer, Gas Range, Microwave
  • Living area:7,300 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2024
  • Building area:7,300 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Landscaped
  • Architectural Style:Modern

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$397.26
  • Tax amount:$35,976

Features and amenities

  • Appliances:Dishwasher, Dryer, Electric Oven, Freezer, Washer
  • Laundry features:Dryer, Inside, Washer
  • Amenities:Balcony, Open Floor Plan, Recessed Lighting

Parking

  • Total parking spaces:8
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