Search
Modern Five-Unit Apartment Building
For Sale
$2,900,000

1724 Menlo Avenue, Los Angeles, CA 90006

MULTI_FAMILY - Modern - Los Angeles, CA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market71

Property Features for 1724 Menlo Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Bedrooms 15
Bathrooms 17
Full bathrooms 17
Rooms Bedroom 11, Bedroom 13, Bathroom 9, Bedroom 10, Bathroom 6, Bathroom 12, Bedroom 6, Bathroom 17, Kitchen, Bedroom 7, Bedroom 9, Bathroom 2, Bathroom 14, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 10, Laundry Room, Bedroom 2, Bedroom 15, Bathroom 5, Bathroom 7, Bathroom 15, Bedroom 12, Bathroom 8, Bathroom 16, Bedroom 14, Bathroom 11, Bathroom 13, Bedroom 1, Bedroom 8
Parking 8
Interior features Balcony, Recessed Lighting, Open Floorplan
Appliances Microwave, Gas Range, Electric Oven, Freezer, Dishwasher
Lot features Landscaped
View City
Directions 1724 Menlo Ave offers investors a centrally located asset with immediate access to the I-10 Freeway, USC, Exposition Park, DTLA, and strong surrounding tenant demand
Subdivision C16 - Mid Los Angeles
Standard status Active
APN 5056021016
Lot size 0.14 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private entrances
in-unit washers and dryers
modern kitchens
designer tile
high ceilings
oversized windows

Building Details

Year built 2024
Floors in Building 3
Number of units 5
Flooring type Laminate, Tile
Architectural style Modern
Listing Agency: Myunits.com Inc.
Listed By: Cheyenne Womack · License #02064825
Added: May 28 Changed: Aug 4 Last Checked: Aug 6 at 8:06AM
MLS# BB26115819

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

1724 Menlo Avenue is a newly constructed 2024 modern five-unit multifamily community presented as a fully stabilized, non-rent-controlled asset. The unit mix includes two 4-bedroom/4-bathroom units, two 3-bedroom/3.5-bathroom units, and one 1-bedroom/1-bathroom unit. Residences are designed with private entrances and in-unit washers and dryers, and gas, water, and electricity are separately metered. The interior includes features such as central heating and central air, recessed lighting, and an open floorplan, with laminate and tile flooring, plus modern kitchen finishes and oversized windows.

The property is sited on a 0.1405-acre lot and includes eight dedicated parking spaces. It is positioned in Pico-Union with easy access to Downtown Los Angeles, Koreatown, and USC, and notes a Walk Score of 85.

Additional reported underwriting includes a stabilized cap rate of 6.37% and low operating expenses for the fully stabilized community.

Key Highlights

  • New construction 2024 modern five‑unit multifamily community
  • Unit mix: two 4 bed/4 bath, two 3 bed/3.5 bath, one 1 bed/1 bath
  • Private entrances and in‑unit washers and dryers in each residence

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

6,053
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - New five-unit multifamily with private entrances, in-unit washers and dryers, and separately metered utilities.
Where is this apartment building located?
The property is located at 1724 Menlo Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: New construction 2024 modern five‑unit multifamily community; Unit mix: two 4 bed/4 bath, two 3 bed/3.5 bath, one 1 bed/1 bath; Private entrances and in‑unit washers and dryers in each residence
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message