6609 Menlo Avenue
Los Angeles, CA 90044
- – beds
- – baths
- – sqft
- 8,581 sqft lot
- 1924 build
- – on site
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WE ARE SO EXCITED TO PRESENT THIS GOLDEN OPPORTUNITY TO OUR FHA BUYERS OUT THERE. OWNER-OCCUPIED & INVESTORS OPPORTUNITY GALORE. THIS IS A 4 PLEX- ALL DETACHED, ON A CORNER LOT. ALL THE UNITS HAVE DIFFERENT ADDRESSES AND HAVE SEPARATE YARDS. THERE IS UPSIDE POTENTIAL IN RENTS. LANDLORD IS IN THE PROCESS OF INCREASING THE RENTS BY 3% WITH PROJECTED CAP RATE OF %7.38 @ 5% VACANCY ALLOWANCE- WHICH IS UNLIKELY. SUBJECT IS IN A STABLE RENTAL MARKET. ALL THE UNITS HAVE JUST GONE COMPLETE RENOVATION, BOTH OUTSIDE AND SOME OF THE INTERIORS. ALL FINISHINGS WERE DONE TO TASTE AND CLASS. THE GARAGE DOORS WERE COMPLETELY CHANGED. NEW LAMINATE FLOORS, NEW WATER HEATER, NEW WALL HEATER. THERE IS A SECURED ENTRY WITH A WROUGHT IRON GATE ON ALL THE UNITS . THERE IS A LARGE BASEMENT FOR EXTRA STORAGE AND COIN LAUNDRY FOR EXTRA INCOME. THIS IS A RENT CONTROLLED AREA. SUBJECT PROPERTY STILL SHOWS IN "REAP STATUS," BUT IN THE PROCESS OF BEING CLOSED OUT. PLEASE DON'T WALK ON THE PROPERTY LINE. TENANTS ARE UNAWARE OF SALE. DRIVE BY ONLY. BUYERS & AGENT OF BUYERS ARE ENCOURAGED TO CARRY OUT DUE DILIGENCE REGARDING THE SUBJECT PROPERTY, INCLUDING ALL PERMITS, ZONING, VIOLATIONS, AND ALL IMPORTANT INFORMATION PERTAINING THE SUBJECT. LISTING AGENT & BROKER DO NOT GUARANTEE ANY INFORMATION REGARDING THE SUBJECT PROPERTY.
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Last updated May 2, 2024
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MLS# PW17222298 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/22/21
Apr 22, 2021
|
Listed / Active | CRMLS_CA | ||
|
9/15/20
Sep 15, 2020
|
Listed / Active | CRMLS_CA | ||
|
9/4/20
Sep 4, 2020
|
Listed / Active | CRMLS_CA |