Description
Investor opportunity: 6111 and 6113 Menlo are two adjacent parcels to be sold together, presenting a compelling value-add acquisition with strong future upside. It offers excellent long-term potential for investors seeking to reposition, improve, and maximize returns. 6113 Menlo includes a 3-bedroom, 1-bath single-family residence with approximately 1,000 square feet of living space on a 4,594-square-foot lot. 6111 Menlo includes a triplex with two 4-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, plus an additional unpermitted 1-bedroom, 1-bath unit, with approximately 3,029 square feet of living area on a 4,594-square-foot lot. With the right vision and improvements, this property offers significant income potential and an opportunity for future growth. The property requires substantial repairs and is best suited for investors, contractors, or buyers looking for a project with redevelopment or repositioning potential. Court approval for the sale has already been obtained. However, limited court approval is still required. Property to be sold as-is. Buyers are recommended to conduct their own due diligence regarding permits, use, square footage, condition, tenant status, and accuracy of all information.
Details
| MLS # | IV26105038 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 108 |
| Listing Provided By | GOLDEN PATH REAL ESTATE | YOLANDA CLARK |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,000 |
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.10 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Yard |
|---|---|
| Fencing | Chain Link |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $550,000 low | high Med: $749,400 sqft: 1,000 low | high Med: 2,907 $ / sqft: $550 low | high Med: $269 On site: 108 low | high Med: 33 | |
Market Activity 90044
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $550,000 low | high Med: $749,400 sqft: 1,000 low | high Med: 2,907 $ / sqft: $550 low | high Med: $269 On site: 108 low | high Med: 33 | |
