Homes for sale - 8718 Menlo Ave, Los Angeles, CA 90044

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,499,000

Est. payment - /mo

5,405 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25249180

HOA Y/N No

Year Built 2011

Lot Size 5,405 Sqft

Property Sub-Type Triplex

Property Description

LA Income Powerhouse! Triplex with Solar & Maximum Cash Flow Potential. Invest smarter in the heart of Los Angeles with this exceptional, permitted 3 unit income property designed for top tier performance! Located in the high demand area of Los Angeles, an area showing positive real estate trends with a strong rental market. This property is poised to maintain stable, significant monthly profits. Built in 2011 this property is in great condition and has been maintained exceptionally well. 2 front units boast of a spacious living room, bedrooms and fully equipped kitchens. Newly built rear 3rd unit includes a private back patio with a great layout and modern details. Maximize your rent roll with large, highly desirable units:
Unit 1: 4 spacious Bedrooms / 2 Bathrooms
Unit 2: 5 Bedrooms / 3 Bathrooms
Unit 3 New Construction ADU: 2 Bedrooms / 2 Bathrooms with a living area of 1,224 sqft
Built-In Income Streams: Boost your bottom line instantly with the included, coin-operated Washer/Dryer machines a dedicated, hassle-free revenue source.
Green & Lean Operations: Enjoy significantly reduced utility expenses thanks to fully owned Solar Panels, ensuring a higher net OI from day one.
The brand new, back-unit ADU was constructed by professional contractors with all necessary permits, for maximum valuation.
Secure Parking: The property features a gated, long driveway providing secure access, including two assigned spots, a premium amenity in LA.
Situated in a dynamic and growing LA neighborhood, this property has convenient access to major freeways, public transit options, and is centrally located relative to USC, Downtown LA, and major employment hubs. The community features essential amenities, making it a continuously attractive location for long term tenancy and a smart, strategic investment.
This is more than a property; it's a premier wealth building machine. Don't miss this rare opportunity to secure this low-maintenance, and cash flow asset in the competitive Los Angeles market!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Interior Features Ceiling Fan(s), Furnished, Granite Counters

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Microwave, Refrigerator

Laundry Common Area, Inside

Exterior

Parking Features Assigned, Driveway

Pool None

Community Features Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Accessibility Parking

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 6038022021

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Special Listing Condition Standard

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Listed by Christopher Oliver Christopher Oliver 562-631-8534

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