$10,000 Closing Credit¹
#SB24211066, Jeffrey Isenberg, Listing Office: Buckingham Investments, Inc
#SB25046644·
Listing Office: Lyon Stahl Investment Real Estate, Inc.·
Listing Agent: Cameron Samimi·
Listing Office Phone: 310-259-7556
$900,000 List price
8843 Menlo Ave Los Angeles, CA 90044
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 8843 Menlo Ave
8843 Menlo Ave is a value add 4plex located in Los Angeles priced at only $247/sf. This well maintained 4-Unit apartment building is comprised of all oversized (4) 2-Bed/1-Bath units with 77% in Rental upside! Stabilizes at a 9.47% cap rate and 7.81 GRM, this asset is ideal for any savvy investor to unlock the income potential. Built in 1964, the subject property is spread out over 3,640 Sq. Ft situated on a 5,126 Sq. Ft lot, 8843 Menlo Ave is a unique value-add opportunity in an extremely fast growing rental market of Los Angeles. 3438 McKinley is located just minutes the 110 fwy, providing easy acces to USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's District, The Reef, BMO Stadium, LA Live and billions of dollars worth of development pouring into the neighborhood.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.1177 Acres
Year built1964
MLS #SB25046644
Summary
- MLS Number: SB25046644
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 259-7556
- Listing Agent: Cameron Samimi
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: 3/11/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$900,000
8843 Menlo Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 10, 2013 | Home Sold | $480,000 |
| Feb 22, 2013 | Home Sold | $285,000 |
| Sep 11, 2012 | Home Sold | $280,000 |
| Nov 01, 2004 | Home Sold | $475,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $582,878 | $7,495 |
| 2023 | $571,450 | $7,360 |
| 2022 | $560,246 | $7,032 |
| 2021 | $549,261 | $6,927 |
| 2020 | $543,630 | $6,727 |
| 2019 | $532,972 | $6,650 |
| 2018 | $522,522 | $6,513 |
| 2017 | $512,277 | $6,513 |
History based on county public records data.
Nearby schools
6
Manchester Elementary School
Public District 1-6
0.3 mi
•661 W 87th St
3
95th Street Elementary School
Public District KG-5
0.6 mi
•1109 W 96th St
6
Kipp Empower Academy
Public Charter KG-4
0.6 mi
•8466 S Figueroa St
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 $37,566. The majority of Los Angeles, CA residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
47%
<35k
43%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
30%
Single, with Kids
8%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
34%
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
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 8843 Menlo Ave in Los Angeles, CA and zip code 90044 in the Vermont Vista neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $900,000.
In February 2025, from all listings sold in Los Angeles, CA there were more than 212 sold above asking price, over 280 sold below and more than 105 were sold right at the asked price. Between January and February 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. While the average time on the market in February 2025 was 44 days, the median list price was $989,396.
From Rocket Homes Real Estate and based on county public records data.