Los Angeles, CA 90044,8718 Menlo Ave
Los Angeles, CA 90044,8718 Menlo Ave
Los Angeles, CA 90044,8718 Menlo Ave
Los Angeles, CA 90044,8718 Menlo Ave
Los Angeles, CA 90044,8718 Menlo Ave
Los Angeles, CA 90044,8718 Menlo Ave
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Demi Fox

Demi Fox

+1(805) 490-1401
Listed by Christopher Oliver • Christopher Oliver
$ 1,499,000
Est. payment | /mo

4,492 SqFt

Save
$ 1,499,000
Est. payment | /mo
Save

4,492 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,492 sqft

Price per Sqft $333

MLS Listing ID DW-25249180

Year Built 2011

Lot Size 5,405 Sqft

Property Sub-Type Triplex

Source California Regional Multiple Listing Service (CRMLS)

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

Interior

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

Heating Central

Flooring Laminate, Tile

Fireplaces Type None

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

Building

Lot Description Front Yard, Back Yard

Sewer Other, Public Sewer

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    122nd Street Elementary

    Public | KG - 5

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 5

    Bennett - Kew Elementary School

    Public | KG - 5

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    118th Street Elementary

    Public | KG - 5

  • 5

    66th Street Elementary School

    Public | KG - 6

  • 5

    Kipp Philosophers Academy

    Public | 5 - 8

  • 5

    Wisdom Elementary School

    Public | PK - 6

  • 4

    Today's Fresh Start Charter School Inglewood

    Public | KG - 6

  • 4

    Figueroa Street Elementary School

    Public | KG - 5

  • 4

    75th Street Elementary School

    Public | KG - 6

  • 4

    Aspire Slauson Academy

    Public | KG - 6

  • 4

    Knox Elementary School

    Public | KG - 6

  • 4

    107th Street Elementary & STEAM Magnet

    Public | PK - 5

Middle Schools 20
  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 4

    Alliance Jack H. Skirball Middle School

    Public | 6 - 8

  • 4

    New Designs Charter School-Watts

    Public | 6 - 12

  • 4

    Thomas Alva Edison Middle School

    Public | 6 - 8

  • 2

    Albert F. Monroe Elementary School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Animo Charter Middle No. 2

    Public | 6 - 8

  • 2

    Drew Middle School

    Public | 7 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Century Academy for Excellence

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    Samuel Gompers Middle School

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

  • 1

    George Washington Carver Middle School

    Public | 6 - 8

  • 1

    Edwin Markham Middle School

    Public | 6 - 8

High Schools 20
  • 9

    King/Drew Medical Magnet High School

    Public | 9 - 12

  • 8

    Animo Inglewood Charter High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 5

    Animo Watts College Preparatory Academy

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 2

    Performing Arts Community School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Centennial High School

    Public | 9 - 12

  • 1

    Morningside High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

School and business data provided by Attom Data.
Demi Fox

+1(805) 490-1401

demifox4re@gmail.com

1464 Madera Rd N. Suite 253, Valley, CA, 93065

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8718 Menlo Ave