5 days on Rocket
#SR25094654, Rana Khanjani, Listing Office: Sync Brokerage
#SR25066561·
Listing office: Keller Williams Realty Calabasas·
Listing agent: Liza Parrilla·
Listing office phone: 818-601-3269
$1,700,000 List price
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
- List Price: $1,700,000
- Annual Tax Amount: $17,359
- Tax Year: 2024
- Lot: Level, Near Public Transit, Rectangular Lot
- Directions: Intersection of Venice Blvd and Vermont Avenue
- Lot Size: 0.1677 Acres
- MLS Number: SR25066561
- MLS Name: CRMLS
- Office Name: Keller Williams Realty Calabasas
- Office Phone: (818) 601-3269
- Listing Agent: Liza Parrilla
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: 5/5/2025, 7:20:55 PM 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
| Date | Event | Price |
|---|---|---|
| Jul 19, 2023 | Home Sold | $1,430,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $31,389. Most Los Angeles, CA residents have annual incomes less than $<35k. The most common type of family is single, with kids. Typical level of education for residents 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 Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1606 Menlo Ave
The listing price of 1606 Menlo Ave property is $1,700,000.
The property 1606 Menlo Ave is land located in Los Angeles, California, 90006.
Active Listing: 1606 Menlo Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1606 Menlo Ave are: Magnolia Avenue Elementary School (GreatSchools Rating 4/10), Politi Elementary School (GreatSchools Rating 2/10), Equitas Academy Charter (GreatSchools Rating 6/10), Berendo Middle School (GreatSchools Rating 4/10), Camino Nuevo Elementary #3 (GreatSchools Rating 4/10), Monsenor Oscar Romero Charter Middle School (GreatSchools Rating 2/10), West Adams Preparatory High School (GreatSchools Rating 3/10), University Preparatory Value High School (GreatSchools Rating 6/10), Alliance Gertz-Ressler Richard Merkin 6-12 Complex (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $17,359 (source: MLS/based on county public records data).
The last sale was on July 19, 2023 for $1,430,000 (source: MLS/tax record).
The property 1606 Menlo Ave is 0.168 acres.
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.
Over 395 listings were sold over their listed price in April 2025 in Los Angeles, CA. In the same period over 328 listings were sold below the listed price and 148 listings were sold for the listed price. Between March and April 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.2%. Listings spent 36 days on the market in April 2025, and had a median list price of $896,516 during the same period.
From Rocket Homes Real Estate and based on county public records data.