8718 Menlo Ave, Los Angeles CA 90044 | $1,499,000

LA Income Powerhouse! Triplex with Solar & Maximum Cash Flow Potential. Invest smarter in the heart of Los Angeles with this exceptional, permitted 3 unit income property designed for top tier performance! Located in the high demand area of Los Angeles, an area showing positive real estate trends with a strong rental market. This property is poised to maintain stable, significant monthly profits. Built in 2011 this property is in great condition and has been maintained exceptionally well. 2 front units boast of a spacious living room, bedrooms and fully equipped kitchens. Newly built rear 3rd unit includes a private back patio with a great layout and modern details. Maximize your rent roll with large, highly desirable units: Unit 1: 4 spacious Bedrooms / 2 Bathrooms Unit 2: 5 Bedrooms / 3 Bathrooms Unit 3 New Construction ADU: 2 Bedrooms / 2 Bathrooms with a living area of 1,224 sqft Built-In Income Streams: Boost your bottom line instantly with the included, coin-operated Washer/Dryer machines a dedicated, hassle-free revenue source. Green & Lean Operations: Enjoy significantly reduced utility expenses thanks to fully owned Solar Panels, ensuring a higher net OI from day one. The brand new, back-unit ADU was constructed by professional contractors with all necessary permits, for maximum valuation. Secure Parking: The property features a gated, long driveway providing secure access, including two assigned spots, a premium amenity in LA. Situated in a dynamic and growing LA neighborhood, this property has convenient access to major freeways, public transit options, and is centrally located relative to USC, Downtown LA, and major employment hubs. The community features essential amenities, making it a continuously attractive location for long term tenancy and a smart, strategic investment. This is more than a property; it's a premier wealth building machine. Don't miss this rare opportunity to secure this low-maintenance, and cash flow asset in the competitive Los Angeles market!

More Details