310-777-2888

1724 Menlo Avenue, Los Angeles, CA 90006

$2,900,000 Approx. USD 0 beds, 0 baths

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Marketed By St. James + Canter

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Marketed By Cristie St. James REALTOR® - Broker Associate 310-291-1029 m
310-777-2888 o
Lic#: 00949711
NRDS ID: 175502141
cristie@stjamescanter.com Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295

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Listing Agent

Cheyenne Womack | cheyenne@myunits.com
Lic#: 02064825
Broker: Courtesy of Myunits.com Inc.
Phone: 805-973-7470

Co Listing Agent

Lauren Cearley | lauren@myunits.com
Lic#: 02146823
Broker: Courtesy of Myunits.com Inc.
Phone: 213-302-8662

Agent Remarks

1726 Menlo Ave is a fully stabilized newly constructed 2024 five-unit multifamily community located in the heart of Pico-Union, just minutes from Downtown Los Angeles, Koreatown, and USC. This NON-RENT-CONTROLLED asset offers investors a rare opportunity to acquire a turn-key property with an attractive REAL 6.37% stabilized cap rate, low operating expenses, and an exceptional price point at under $400/SF — an increasingly rare value for new construction multifamily in central Los Angeles. The property features an ideal unit mix across two modern buildings, consisting of two 4-bedroom/4-bathroom units, two 3-bedroom/3.5-bathroom units, and one 1-bedroom/1-bathroom unit. Each residence includes private entrances, in-unit washers and dryers, separately metered gas, water, and electricity, and luxury finishes throughout, including modern kitchens, designer tile, high ceilings, and oversized windows. The property also offers eight dedicated parking spaces, enhancing long-term tenant appeal. With a Walk Score of 85 and close proximity to LA Live, Crypto.com Arena, the Arts District, and Koreatown’s dining and nightlife. 1726 Menlo Ave is well positioned to attract strong tenant demand from students, young professionals, and creatives alike. As new multifamily construction opportunities continue to tighten under SB-8 restrictions, this property presents an exceptional opportunity for investors seeking stable cash flow, minimal maintenance, and long-term appreciation potential.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# BB26115819

Price: $2,900,000

Beds: 0

Baths: 0

None fireplaces

Built in 2024

0.14 acres

Lot size: 0.1405

County: Los Angeles

Property style: Modern

Interior features: Balcony,Open Floorplan,Recessed Lighting

Appliances: Dishwasher,Electric Oven,Freezer,Gas Range,Microwave,Dryer,Washer

Lot description: Landscaped

Heating/cooling: Central Air

Heating description: Central

MLS area: C16 - Mid Los Angeles

Last Updated: 5/29/2026

Days On Market (DOM): 21

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This listing belongs to the C16 - Mid Los Angeles MLS area

The style of this listing is Modern.
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Lat/Long: 34.041951, -118.290408.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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