8843 Menlo Avenue, Los Angeles, CA 90044
Offered at
$900,000
8843 Menlo Ave is a value add 4plex located in
Los Angeles priced at only $247/sf. This well
maintained 4-Unit apartment building is
comprised of all oversized (4) 2-Bed/1-Bath
units with 77% in Rental upside! Stabilizes at a
9.47% cap rate and 7.81 GRM, this asset is ideal
for any savvy investor to unlock the income
potential.
Built in 1964, the subject property is spread out
over 3,640 Sq. Ft situated on a 5,126 Sq. Ft lot,
8843 Menlo Ave is a unique value-add
opportunity in an extremely fast growing rental
market of Los Angeles.
3438 McKinley is located just minutes the 110 fwy,
providing easy acces to USC, Downtown LA,
Gilbert Lindsay Park, Exposition Park, Lucas
Museum, Art's District, The Reef, BMO Stadium, LA
Live and billions of dollars worth of development
pouring into the neighborhood.