Five-Unit Modern Apartment
For Sale
$2,900,000
1724 Menlo Avenue, Los Angeles, CA 90006
Los Angeles, CA
Property SizeContact for details
Lot Size0.14 Acres
Days on Market94
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
Kitchen, Bathroom 5, Bathroom 10, Bedroom 9, Bedroom 4, Bedroom 7, Bathroom 13, Bathroom 7, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 11, Bathroom 16, Bedroom 8, Bedroom 11, Bedroom 12, Bathroom 12, Bedroom 14, Bathroom 2, Bathroom 3, Laundry Room, Bathroom 14, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 15, Bathroom 6, Bathroom 17, Bathroom 8, Bedroom 13, Bathroom 9, Bedroom 10, Bedroom 15
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 washer/dryer
Building Details
Year built
2024
Floors in Building
3
Number of units
5
Flooring type
Tile, Laminate
Architectural style
Modern
Listing Agency:
Myunits.com Inc.
(844) 698-6487
Listed By:
Cheyenne Womack · License #02064825
(805) 973-7470
Added: May 28
Changed: Aug 24
Last Checked: Aug 29 at 1:06PM
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.
This 2024 multifamily property contains five apartments arranged across two modern buildings on a 0.1405-acre parcel. The unit mix includes two four-bedroom, four-bath residences; two three-bedroom, three-and-a-half-bath residences; and one one-bedroom, one-bath residence. Each apartment has its own entrance, in-unit washer and dryer, separately metered gas, water, and electricity, plus modern kitchens, designer tile, high ceilings, oversized windows, and select balconies. Central heating and central air conditioning serve the residences, with public water and public sewer in place.
The property includes eight dedicated parking spaces and carries a Walk Score of 85. It is situated in Pico-Union near Downtown Los Angeles, Koreatown, USC, LA Live, the Arena, and the Arts District. The asset is identified as non-rent-controlled and offers a 6.37% stabilized cap rate.
The property includes eight dedicated parking spaces and carries a Walk Score of 85. It is situated in Pico-Union near Downtown Los Angeles, Koreatown, USC, LA Live, the Arena, and the Arts District. The asset is identified as non-rent-controlled and offers a 6.37% stabilized cap rate.
Key Highlights
- Five apartments across two modern buildings, completed in 2024
- Unit mix includes two 4‑bedroom/4‑bath, two 3‑bedroom/3.5‑bath, and one 1‑bedroom/1‑bath residence
- Eight dedicated parking spaces on a 0.1405‑acre parcel
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,613
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Modern residences offer private entries, in-unit laundry, separate utility meters, and contemporary kitchens with high ceilings.
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: Five apartments across two modern buildings, completed in 2024; Unit mix includes two 4‑bedroom/4‑bath, two 3‑bedroom/3.5‑bath, and one 1‑bedroom/1‑bath residence; Eight dedicated parking spaces on a 0.1405‑acre parcel
