1503 Menlo Ave

    Los Angeles, CA 90006
    • $2,090,000
    • STATUS: Active
    • ON SITE: 81 days
    • MLS #: 20-543072
    UPDATED: 31 min ago
    $2,090,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,563
      SQFT
    • $376
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Ratings & Info

    Description

    Excellent location in Mid-Wilshire area near DTLA, Koreatown! Very rare huge lot-14,600 sq zoned RD 1.5 with Tier 3. Excellent development opportunity for savvy investors! Easy access to freeway I-10, !-101, !-110. Just few min drive to Dodgers stadium, LA live, Convention center, USC, Exposition Park, Hancock park! Seller maintained and upgraded a lot! There are abundant parking spaces for extra income! Heater/ Air- conditioner by electricity is installed in every unit. Electricity is metered separately. Catch the chance while you can!

    Monthly Payment Calculator



    Based on information from CRISNet MLS as of 2020-04-02T14:42:51.827. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-02T14:42:51.827. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-04-02T14:42:51.827. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the i-Tech MLS as of 2020-04-02T14:42:51.827. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Licensed in the State of California, USA.
    www.jelmbergteam.com/homes/102236386

    1503 Menlo Ave Los Angeles, CA 90006

    • Price: $2,090,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 20-543072
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,563
    SQFT
    $376
    $/SQFT
    1890
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Excellent location in Mid-Wilshire area near DTLA, Koreatown! Very rare huge lot-14,600 sq zoned RD 1.5 with Tier 3. Excellent development opportunity for savvy investors! Easy access to freeway I-10, !-101, !-110. Just few min drive to Dodgers stadium, LA live, Convention center, USC, Exposition Park, Hancock park! Seller maintained and upgraded a lot! There are abundant parking spaces for extra income! Heater/ Air- conditioner by electricity is installed in every unit. Electricity is metered separately. Catch the chance while you can!
    Exterior Features

    Lot Size Area 14600 Other Structures Other Parking Garage Assigned Pool YN No Tennis YN No Total Parking 20

    Interior Features

    Baths Total 11.00 Cooling Other Den No Dining Room No Equipment Other Family Room No Heating Electric

    Property Features

    Electric Expense 774.00 Gardener Expense 600.00 Gross Income 125619 Gross Operating Income 122379 Insurance Expense 3541.00 Like Units1 11 Maintenance Expense 5400.00 Net Operating Income 77019.00 Number Of Buildings 2 Number Of Units 11 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Total Annual Expense 48600 Trash Expense 3086.00 Type Of Units Apartment Water Expense 3483.00 Zoning Lard1.5

    Listing provided courtesy of Sue Soyoung Kim DRE#01827069 of Bee Investment, Inc..


    Based on information from CRISNet MLS as of 2020-04-02T14:42:51.827. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-02T14:42:51.827. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-04-02T14:42:51.827. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Based on information from the i-Tech MLS as of 2020-04-02T14:42:51.827. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    Licensed in the State of California, USA.
     
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