
2824 Menlo Ave Los Angeles, CA 90007
University Park NeighborhoodAbout This Home
As of April 2021We are pleased to offer for sale this three (3) unit, eleven (11) bedroom, student housing investment opportunity, located walking distance to the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco in 1907, with approximately 3,640 rentable square feet on a 5,660 square foot lot. The investment is comprised of two (2) structures, with a unit mix consisting of one (1) 5-bedroom + 2-bathroom unit, one (1) 4-bedroom + 2-bathroom unit, & one (1) 2-bedroom + 1-bathroom unit. The Property is 100% occupied with USC students, and 2 of the 3 units are pre-leased for the 2021-2022 academic school year. There's a combination of vintage architectural detail and best-in-class modern interior standards. The property includes spacious, fully updated & remodeled units, updated copper plumbing, and an outdoor common area with a 6-8 person hot tub.
Last Agent to Sell the Property
Keller Williams Hollywood Hills License #01921748 Listed on: 12/16/2020

Last Buyer's Agent
Keller Williams Hollywood Hills License #01921748 Listed on: 12/16/2020

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,292
Year Built
- Built in 1934
Interior Spaces
- 3,640 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Bathrooms
Parking
- 5 Parking Spaces
- Driveway
Additional Features
- 5,660 Sq Ft Lot
- Cooling System Mounted To A Wall/Window
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5055-008-014
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $2,500,000 | Old Republic Title Company | |
Grant Deed | -- | Accommodation | |
Grant Deed | $1,576,500 | Ticor Title Co | |
Interfamily Deed Transfer | -- | Ticor Title Co | |
Quit Claim Deed | -- | None Available | |
Quit Claim Deed | -- | None Available | |
Quit Claim Deed | -- | None Available | |
Grant Deed | $785,000 | Provident Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,600,000 | Commercial | |
Previous Owner | $824,000 | New Conventional | |
Previous Owner | $549,500 | Negative Amortization |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/01/2021 04/01/21 | Sold | $2,500,000 | -8.3% | $687 / Sq Ft |
02/09/2021 02/09/21 | Pending | -- | -- | -- |
12/16/2020 12/16/20 | For Sale | $2,725,000 | +72.9% | $749 / Sq Ft |
04/08/2014 04/08/14 | Sold | $1,576,475 | -7.2% | $433 / Sq Ft |
01/16/2014 01/16/14 | Pending | -- | -- | -- |
10/03/2013 10/03/13 | For Sale | $1,699,000 | -- | $467 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $32,292 | $2,653,019 | $1,963,234 | $689,785 |
2023 | $31,664 | $2,601,000 | $1,924,740 | $676,260 |
2022 | $30,185 | $2,550,000 | $1,887,000 | $663,000 |
2021 | $21,928 | $1,828,996 | $1,098,530 | $730,466 |
2020 | $22,155 | $1,810,242 | $1,087,266 | $722,976 |
2019 | $21,270 | $1,774,748 | $1,065,948 | $708,800 |
2018 | $21,183 | $1,739,950 | $1,045,048 | $694,902 |
2017 | $13,289 | $1,082,648 | $844,995 | $237,653 |
2016 | $12,969 | $1,061,421 | $828,427 | $232,994 |
2015 | $12,780 | $1,045,479 | $815,984 | $229,495 |
2014 | $4,089 | $307,389 | $204,926 | $102,463 |
Agents Affiliated with this Home
-
Seller's Agent in 2021
Davis Saadian
Keller Williams Hollywood Hills
(310) 402-8958
15 in this area
78 Total Sales
-
Seller's Agent in 2014
Jason Tuvia
Marcus & Millichap
(818) 212-2700
109 Total Sales
-
R
Buyer's Agent in 2014
Rita Whitney
Map
Source: The MLS
MLS Number: 20-671300

APN: 5055-008-014
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