6275 Menlo Ave
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6275 Menlo Ave
4 Unit Block of Flats £661,971 (£165,493/Unit) 5.33% Net Initial Yield Los Angeles, CA 90044
Investment Highlights
- Situated in a neighborhood with good walkability and public transportation!
- Potential rental upside!
- Value Add Opportunity! Major Rental Upside!
- Close proximity to USC and the Coliseum!
- Freshly painted!
- Excellent Unit Mix!
Executive Summary
Welcome to 6275 Menlo Ave, a hidden gem in the heart of Los Angeles offering incredible potential for investors. Built in 1965, this multi-family property boasts 3,766 square feet of living space on a 4,294 square foot lot. The property features four spacious units, each offering 2 bedrooms and 1 bathroom, making it ideal for families, professionals, or students. Located in a vibrant, walkable neighborhood with excellent access to public transportation, this property is just minutes from USC and the iconic Los Angeles Coliseum, ensuring high tenant demand. With significant rental upside potential, this is a perfect opportunity for investors looking to secure steady income and long-term growth in a thriving market. Drive-by only—please respect the tenants' privacy and do not disturb them. Contact Total Realty Group today to explore this exceptional investment opportunity!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £661,971 | Apartment Style | Garden |
| Price Per Unit | £165,493 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 3,766 SF |
| Net Initial Yield | 5.33% | Average Occupancy | 100% |
| Gross Rent Multiplier | 11.7 | Number of Floors | 2 |
| No. Units | 4 | Year Built | 1965 |
| Property Type | Residential | Parking Ratio | 1.06/1,000 SF |
| Property Subtype | Apartment |
| Price | £661,971 |
| Price Per Unit | £165,493 |
| Sale Type | Investment |
| Net Initial Yield | 5.33% |
| Gross Rent Multiplier | 11.7 |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.10 AC |
| Building Size | 3,766 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.06/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 4 | £4,716 | 942 |
1 of 1
Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 6004-015-010 | Improvements Assessment | £98,295 (2024) |
| Land Assessment | £147,456 (2024) | Total Assessment | £245,751 (2024) |
PROPERTY TAXES
Parcel Number
6004-015-010
Land Assessment
£147,456 (2024)
Improvements Assessment
£98,295 (2024)
Total Assessment
£245,751 (2024)
zoning
| Zoning Code | LARD2 |
| LARD2 |
-
Michael Fukushima -
Stephen Watson -
Total Realty Group
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6275 Menlo Ave
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