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    The Largest CRE Database in the US with Over 1 Million Listings

    1726 Menlo Ave Los Angeles, CA 90006

    Sponsored
    For Sale
    $2,950,000

    Quadruplex, Modern - Los Angeles, CA

    Type:Quadruplex
    Property size:
    7,300 SF
    Lot size:
    6,122.00 Acres
    Days on Market:
    80
    Last Refresh:
    Feb 5 at 12:06 am

    Property Features for 1726 Menlo Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Window features
    Double Pane Windows
    Zoning
    LARD1.5
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    15
    Bathrooms
    17
    APN
    5056021016
    Parking
    8
    Interior features
    Open Floorplan, Recessed Lighting, None, Window Features: Double Pane Windows
    Exterior features
    Community Features Included: Curbs, Sidewalks, Street Lights, Landscaped
    Appliances
    Dishwasher, Range, Range - Gas, Refrigerator, Washer, Water - Instant Hot
    Size
    7,300 SF
    Lot size
    6,122.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Floors in Building
    3
    Number of units
    5
    Flooring type
    Laminate, Tile
    Architectural style
    Modern

    We can help!

    Listing Contact
    Cheyenne Womack

    Myunits.com

    Listing agent Cheyenne Womack (844) 698-6487 License #02064825

    Listing date Nov 18, 2025

    MLS# BB25262032 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Modern Los Angeles Quadruplex Investment

    Located in the Pico-Union neighborhood of Los Angeles, this five-unit community was constructed in 2024 and is not subject to rent control. The property consists of two modern buildings with a unit mix of two 4-bedroom/4-bathroom units, two 3-bedroom/3.5-bathroom units, and one 1-bedroom/1-bathroom unit. Each residence features in-unit washers/dryers, private entrances, and dedicated parking. There are a total of 8 parking spaces. The units are separately metered for gas, water, and electric. Interior features include modern kitchens, designer tile, high ceilings, and expansive windows. The property has a Walk Score of 85, providing convenient access to local dining, cafes, and entertainment. It is also located a short drive from LA Live, USC, Crypto.com Arena, the Arts District, and Koreatown. The property is located minutes from Downtown Los Angeles and Koreatown. The property is situated on a lot of 0.14 acres, with a property size of 7,300 square feet. This property is a potential 1031 exchange option.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1726 Menlo Ave ... Apartment Building

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.29048
    Latitude
    34.04189

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    FAQs

    What type of property is this?
    Apartment building - New construction, five-unit community in vibrant Pico-Union neighborhood.
    Where is this apartment building located?
    The property is located at 1726 Menlo Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Non-rent-controlled, new construction (2024) five-unit property in a prime central location (Pico-Union).; - Impressive 6.26% stabilized cap rate with minimal expenses.; - Desirable unit mix: two 4-bedroom/4-bathroom, two 3-bedroom/3.5-bathroom, and one 1-bedroom/1-bathroom units.
    (805) 973-7470
    Request Owner's contact information
    1726 Menlo Ave Los Angeles, CA 90006
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    Los Angeles, CA 90006
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1726 Menlo Ave Los Angeles, CA 90006
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    We can help!
    Listing Contact
    Cheyenne Womack
    Real Estate License ID: 02064825
    (805) 973-7470
    Learn more
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