$1,700,000

1606 Menlo Ave Los Angeles, CA 90006

0.2 acres
Land

Property details

About 1606 Menlo Ave

Development Opportunity!!! Located just South of Koreatown and West of Downtown Los Angeles and situated in a high demand rental area. Koreatown in Los Angeles has experienced significant development and transformation over the past few decades. The neighborhood has evolved from a primarily immigrant enclave into one of LA’s most dynamic and diverse areas. Here are some of the key aspects of this development: The 7300 Lot zoned LA CM-1 which allows for a R-3 Development. The lot is conveniently located close to the Vermont / Venice Blvd intersection and has great visibility for future leasing signage from Venice Blvd and Vermont Avenue. The location has great access to Downtown LA, Koreatown, USC as well as the Vermont Avenue Exit. Seller has plans by Architect Sammi Trabizi for a 38 Unit Apartment Unit Building with 5 Floors and will be made available upon request.

Highlights

Home typeOther
StatusActive
Lot size0.1677 Acres
MLS #SR25066561

Summary

  • MLS Number: SR25066561
  • MLS Name: CRMLS
  • Office Name: Keller Williams Realty Calabasas
  • Office Phone: (818) 601-3269
  • Listing Agent: Liza Parrilla

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/14/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,700,000

1606 Menlo Ave

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Price information

Property sales

DateEventPrice
Jul 19, 2023
Home Sold
$1,430,000

Tax history

YearAssessmentProperty Tax
2024$1,430,000$17,359
2023$974,854$11,899
2022$955,740$11,347
2021$684,012$8,447
2020$677,000$1,058
2019$55,546$2,218
2018$54,458$4,275
2017$53,391$4,275

History based on county public records data.

Nearby schools

4

Magnolia Avenue Elementary School

Public District PK-5

0.1 mi

1626 Orchard Ave

2

Politi Elementary School

Public District KG-5

0.5 mi

2481 W 11th St

6

Equitas Academy Charter

Public Charter KG-5

0.7 mi

1700 W Pico Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,389. The most common annual income of people living in Los Angeles, CA is less than $<35k. Residents typically live in single, with kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

55%
<35k
42%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

29%
Single, No Kids
30%
Single, with Kids
15%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
36%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Frequently asked questions

About 1606 Menlo Ave

This home is located at 1606 Menlo Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $1,700,000.

In March 2025, from all listings sold in Los Angeles, CA there were more than 302 sold above asking price, over 322 sold below and more than 116 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 13.7% between February and March 2025. Listings spent 39 days on the market in March 2025, and had a median list price of $940,937 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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