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1520 Menlo Ave, Los Angeles, CA 90006

List Price: $1,995,000On Market FlagOn market
Jul 25, 20255,132 sqft10 beds10 baths
Listed by: Scott Harvey
License #: 01963157
Phone #: 831-915-4692
Figure 8 Realty
Source:
CRMLS Logo
MLS #: 25569941

Property Description

Welcome to 1520 Menlo, a Spanish Colonial apartment complex in the heart of Pico-Union. The property consists of (10) one-bedroom units across five separate structures on a privately gated lot. Five of the ten units have received interior renovations leaving 50% of the units well under market rents allowing the next owner to add-value and achieve upside potential. As you enter through the gated courtyard you will find (6) bungalow style apartments and a Spanish Colonial fourplex in the rear. In total, the property collects $150,300 per year plus future upside making this an ideal addition to any real estate portfolio.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$27,393

TurboHome Estimated Value

$1,910,600

$372 sqft

High Valuation
$2,006,130
$391/sqft
Normal Valuation
$1,910,600
$372/sqft
Low Valuation
$1,815,070
$354/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$372/sqft$1,910,600

Neighborhood: Mid City

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Comparative Value

$1.46M

$2.00M

1409 Arlington Ave, Los Angeles, CA 90019

Sale Price: $1,460,000

Selected Comparable

1520 Menlo Ave, Los Angeles, CA 90006

List Price: $1,995,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1520 Menlo Ave, Los Angeles, CA 90006

1520 Menlo Ave, Los Angeles, CA 90006

List: $1,995,000

Listed: 7/25/2025

Area:5,132 sqft
Price/sqft:$389
Beds:10
Baths:10
Year Built:
Lot Size:7,302

Comparable Properties

COMPARABLE
Choose comps
1409 Arlington Ave, Los Angeles, CA 90019

1409 Arlington Ave, Los Angeles, CA 90019

Sale: $1,460,000

11/19/20241.61 mi

Area:5,797 sqft
Price/sqft:$252
Beds:9
Baths:9
Year Built:
Weight:100.0%

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