Multifamily Property with Detached Back
For Sale
Contact for pricing
Pending
1503 Menlo Ave, Los Angeles, CA 90006
Residential income property with a separate rear structure on an urban Koreatown parcel.
Property SizeContact for details
Lot Size0.34 Acres
Days on Market148
Property Features for 1503 Menlo Ave
General Information
Standard status
Pending
Lot size
0.34 Acres
Property subtype
Multifamily
Additional Details
Gross Income
$150,000
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Marcus Anderson · License #02003468
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Sep 4 at 10:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This multifamily property at 1503 Menlo Ave occupies a 14,600-square-foot lot in Los Angeles and includes a detached back-house. The separate rear structure adds to the property’s existing configuration and distinguishes it from a standard apartment layout.
The property is situated in Koreatown, an area identified in the source information as experiencing continued high-end development. Approximately 2,000 units are currently under construction in the surrounding area, providing broader development context for the location. The offering is presented as a multifamily asset with an existing residential setup and additional detached improvements.
The property is situated in Koreatown, an area identified in the source information as experiencing continued high-end development. Approximately 2,000 units are currently under construction in the surrounding area, providing broader development context for the location. The offering is presented as a multifamily asset with an existing residential setup and additional detached improvements.
Key Highlights
- 14,600‑square‑foot lot
- Detached back‑house included
- Located in Koreatown, Los Angeles
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,659
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income property with a separate rear structure on an urban Koreatown parcel.
Where is this multifamily property located?
The property is located at 1503 Menlo Ave Los Angeles, CA.
What are key features of this property?
This property features: 14,600‑square‑foot lot; Detached back‑house included; Located in Koreatown, Los Angeles
