8843 Menlo Avenue
Los Angeles, CA 90044
0.12 acres | #SB25046644
Description
8843 Menlo Ave is a value add 4plex located in<br />Los Angeles priced at only $247/sf. This well<br />maintained 4-Unit apartment building is<br />comprised of all oversized (4) 2-Bed/1-Bath<br />units with 77% in Rental upside! Stabilizes at a<br />9.47% cap rate and 7.81 GRM, this asset is ideal<br />for any savvy investor to unlock the income<br />potential.<br />Built in 1964, the subject property is spread out<br />over 3,640 Sq. Ft situated on a 5,126 Sq. Ft lot,<br />8843 Menlo Ave is a unique value-add<br />opportunity in an extremely fast growing rental<br />market of Los Angeles.<br />3438 McKinley is located just minutes the 110 fwy,<br />providing easy acces to USC, Downtown LA,<br />Gilbert Lindsay Park, Exposition Park, Lucas<br />Museum, Art's District, The Reef, BMO Stadium, LA<br />Live and billions of dollars worth of development<br />pouring into the neighborhood.
Location
Legal
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Last Updated:Â . Source: CRMLS
Provided By
Listing Agent: Cameron Samimi (#SBSAMICAM)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
