$2,725,000 2824 Menlo Avenue Los Angeles, CA

MLS: 20671300   Type: Income   County: Los Angeles   City: Los Angeles   Area: Los Angeles Southwest   Zip: 90007     Stories: 2

Mortgage $12,793 /mo



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We are pleased to offer for sale this three (3) unit, eleven (11) bedroom, student housing investment opportunity, located walking distance to the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco in 1907, with approximately 3,640 rentable square feet on a 5,660 square foot lot. The investment is comprised of two (2) structures, with a unit mix consisting of one (1) 5-bedroom + 2-bathroom unit, one (1) 4-bedroom + 2-bathroom unit, & one (1) 2-bedroom + 1-bathroom unit. The Property is 100% occupied with USC students, and 2 of the 3 units are pre-leased for the 2021-2022 academic school year. There's a combination of vintage architectural detail and best-in-class modern interior standards. The property includes spacious, fully updated & remodeled units, updated copper plumbing, and an outdoor common area with a 6-8 person hot tub.

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Middle School

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Price History

12/16/2020 Listed $2,725,000

Appliances Dishwasher, Disposal, Refrigerator
Cooling Wall/Window Unit(s)
Directions 2824 Menlo Avenue, LA 90007
Heating None
Listing Agent Davis Saadian - BRE#01921748
Listing Agent State License 01921748
MLS Area C34 - Los Angeles Southwest
Parking Features Driveway, Driveway - Combination
Price Per Square Foot 748.63
Senior Community Y/N No
Special Listing Conditions Standard
Total Units 3
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Appliances Y/N Yes
Heating Y/N No
Total Stories 2

Exterior Features

Building Area Total 3640.00
Lot Size Acres 0.1200
Lot Size Area 5660.0000
Lot Size Square Feet 5660.00
Lot Size Units Square Feet
Number of Buildings 2
Parking Y/N Yes

Property Schools

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Property vs Zip Code Avg (90007)

Price 2.72M Avg 2.01M

Sqr Feet 3,640 Avg 3,194

Cost / Sqr Ft $749 Avg $631

Acres 0.12 Avg 0.15

Visits 28 Avg 37

Days on Site 39 Avg 107

Walkscore® 89 Avg 84

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Davis Saadian with BRC Advisors- BH.

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA