1520 Menlo Ave Los Angeles, CA 90006
Pico-Union NeighborhoodEstimated payment $12,727/month
Total Views
9,806
10
Beds
10
Baths
5,132
Sq Ft
$389
Price per Sq Ft
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,295
Year Built
- Built in 1924
Lot Details
- 7,302 Sq Ft Lot
Home Design
- Colonial Architecture
Interior Spaces
- 5,132 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 5 Buildings
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 5056-002-037
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,295 | $1,883,643 | $1,252,225 | $631,418 |
| 2024 | $23,295 | $1,846,710 | $1,227,672 | $619,038 |
| 2023 | $22,859 | $1,810,500 | $1,203,600 | $606,900 |
| 2022 | $21,827 | $1,775,000 | $1,180,000 | $595,000 |
| 2021 | $18,393 | $1,471,649 | $1,051,178 | $420,471 |
| 2020 | $18,573 | $1,456,560 | $1,040,400 | $416,160 |
| 2019 | $17,862 | $1,428,000 | $1,020,000 | $408,000 |
| 2018 | $5,826 | $406,445 | $192,890 | $213,555 |
| 2016 | $5,499 | $390,663 | $185,400 | $205,263 |
| 2015 | $5,430 | $384,796 | $182,616 | $202,180 |
| 2014 | $5,516 | $377,259 | $179,039 | $198,220 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $1,995,000 | +12.4% | $389 / Sq Ft |
| 11/19/2021 11/19/21 | Sold | $1,775,000 | -1.4% | $346 / Sq Ft |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $1,800,000 | +28.6% | $351 / Sq Ft |
| 01/09/2018 01/09/18 | Sold | $1,400,000 | -2.4% | $273 / Sq Ft |
| 09/12/2017 09/12/17 | Price Changed | $1,435,000 | -4.3% | $280 / Sq Ft |
| 08/18/2017 08/18/17 | For Sale | $1,500,000 | -- | $292 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,775,000 | Ticor Title Company | |
| Grant Deed | $1,400,000 | Ticor Title Company | |
| Grant Deed | $295,000 | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,398,000 | New Conventional | |
| Closed | $1,200,000 | Commercial | |
| Previous Owner | $1,080 | Commercial | |
| Previous Owner | $1,069,083 | Commercial | |
| Previous Owner | $1,050,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,050,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $336,000 | Commercial | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $265,000 | Seller Take Back |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25569941
APN: 5056-002-037
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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Information is deemed reliable but not guaranteed.
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