Address
2824 Menlo Avenue Los Angeles, CA
Price
$ 2,725,000
Property Attributes
  • MLS#20671300
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90007
  • Style
  • Price$ 2,725,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3640
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Davis Saadian with BRC Advisors- BH.
Property Description

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.

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

General Features

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
Special Listing Conditions Standard
Total Units 3
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Appliances Y/N Yes
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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90007

Price
AVG $2.32M
$2.73M
Visits
AVG 35
20
Year Built
AVG 1925
1934
Walkscore
AVG 84
89
Data Provided by Walkscore ® not using MLS data

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