2824 Menlo Avenue

Los Angeles, CA
$ 2,725,000 Beds 0 Baths 0 Sq 3,640
Monthly Estimate* How much can I afford?

We are pleased to offer for sale this three (3) unit, eleven (11) bedroom, student housing investment opportunity, located walking distance to the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco in 1907, with approximately 3,640 rentable square feet on a 5,660 square foot lot. The investment is comprised of two (2) structures, with a unit mix consisting of one (1) 5-bedroom + 2-bathroom unit, one (1) 4-bedroom + 2-bathroom unit, & one (1) 2-bedroom + 1-bathroom unit. The Property is 100% occupied with USC students, and 2 of the 3 units are pre-leased for the 2021-2022 academic school year. There's a combination of vintage architectural detail and best-in-class modern interior standards. The property includes spacious, fully updated & remodeled units, updated copper plumbing, and an outdoor common area with a 6-8 person hot tub.

Income

  • Price
  • $ 2,725,000
  • Lot Size
  • 5,227 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 3,640
  • Full Bathrooms
  • 0
  • Year Built
  • 1934
  • Half Bathrooms
  • 0
  • City, Zip
  • Los Angeles
  • County
  • LOS ANGELES
  • Style
  • Area
  • Los Angeles Southwest
  • MLS#
  • 20671300
  • Zip
  • 90007
Listing Provided by: Davis Saadian with BRC Advisors- BH.

Features

General

Appliances Dishwasher, Disposal, Refrigerator
Cooling Wall/Window Unit(s)
Directions 2824 Menlo Avenue, LA 90007
Heating None
Listing Agent Davis Saadian - BRE#01921748
Listing Agent State License 01921748
MLS Area C34 - Los Angeles Southwest
Parking Features Driveway, Driveway - Combination
Price Per Square Foot 748.63
Special Listing Conditions Standard
Total Units 3
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Appliances Y/N Yes
Total Stories 2

Exterior Features

Building Area Total 3640.00
Lot Size Acres 0.1200
Lot Size Area 5660.0000
Lot Size Square Feet 5660.00
Lot Size Units Square Feet
Number of Buildings 2
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/16/2020 Listed $2,725,000

Property vs Zip Code Average in 90007

Price
AVG $2.03M
$2.73M
Visits
AVG 38
35
Year Built
AVG 1926
1934
Walkscore
AVG 84
89
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

2824 Menlo Avenue Los Angeles, CA is a Single Family Home for sale at $2725000 with 3640 sqft and a lot size of 5,227 SqFt Acre(s). 2824 Menlo Avenue Los Angeles has 0 bedrooms, 0 baths and was built in 1934. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.