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1520 Menlo AvenueLos Angeles, CA 90006

For Sale

$1,995,000

Smart Buyer Rebate $19,950

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.

Listed by Scott Harvey

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License #01963157

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Figure 8 Realty

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831-915-4692

Listed by Justin Setareh

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License #02142832

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Figure 8 Realty

Last updated August 02, 2025

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Source: CRMLS #25569941

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Bedrooms10
  • Days on Prevu117
  • Size5,132 sqft
  • Price per sqft$389

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$1,995,000
10/21/2025
Status changed to Removed from Feed
$1,995,000
10/21/2025
Status changed to Active
$1,995,000
10/19/2025
Status changed to Removed from Feed
$1,995,000
10/18/2025
Status changed to Active
$1,995,000
10/16/2025
Status changed to Removed from Feed
$1,995,000
10/05/2025
Status changed to Active
$1,995,000
10/03/2025
Status changed to Removed from Feed
$1,995,000
09/21/2025
Status changed to Active
$1,995,000
09/19/2025
Status changed to Removed from Feed
$1,995,000
09/18/2025
Status changed to Active
$1,995,000
09/17/2025
Status changed to Removed from Feed
$1,995,000
09/16/2025
Status changed to Active
$1,995,000
09/15/2025
Status changed to Removed from Feed
$1,995,000
09/12/2025
Status changed to Active
$1,995,000
09/06/2025
Status changed to Removed from Feed
$1,995,000
09/05/2025
Status changed to Active
$1,995,000
09/04/2025
Status changed to Removed from Feed
$1,995,000
09/01/2025
Status changed to Active
$1,995,000
08/29/2025
Status changed to Removed from Feed
$1,995,000
07/25/2025
Listed by Figure 8 Realty
$1,995,000

Property Details for 1520 Menlo Avenue

Exterior

Construction

  • Number Of Units Total: 10
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1924

Measurements

  • Building Area Total: 5,132
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,302
  • Lot Size Square Feet: 7,302
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $150,300.00

Taxes

  • Parcel Number: 5056002037

Interior

Features

  • Appliances: Refrigerator

Measurements

  • Living Area: 5,132

Rooms

  • Bathrooms Total Integer: 10
  • Bedrooms Total: 10

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.