1726 Menlo Avenue is a newly built multifamily investment property in the Mid-Los Angeles area, offering investors a modern asset with immediate income potential. Constructed in 2024, this property features five separately metered units, providing a total of 17 bedrooms and multiple baths across a variety of spacious layouts. Each unit comes equipped with contemporary finishes, recessed lighting, central heating and cooling, and high-quality flooring, making it attractive to tenants seeking updated urban living.
Positioned in a dense and accessible neighborhood, the property benefits from excellent connectivity to Downtown Los Angeles and major employment hubs, making it highly desirable in a submarket with consistent rental demand. On-site uncovered parking available for residents ensures convenience in an urban setting. Utilities are separately metered, which reduces operating costs for ownership and simplifies management.
With gross scheduled income approaching $233,880 annually and a reported cap rate near 6.26%, this property provides a strong opportunity for stable cash flow in an evolving Los Angeles market. Access to key Los Angeles arterials, transit infrastructure, restaurants, and retail enhances the long-term investment profile of this income-producing asset.