
Los Angeles, California 90044
This property presents a High-Potential Investment Opportunity with a List Price of $905,000—positioned well above the $720,787 Fair Market Value by -25%. Featuring a Poor Condition Rating, this multi-parcel asset requires substantial rehabilitation, including addressing unpermitted units and deferred maintenance. The site offers significant density potential for developers looking to maximize rental income through strategic repositioning. Given the extensive project scope and regulatory requirements, this is a complex, high-reward acquisition best suited for Buy-and-Hold Investors or Contractors capable of managing large-scale redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6111 Menlo Subject | $905,000* List Price | 0 | 0 | 3,029 | $238 | - |
A 1259 W 59th Sold | $690,000 | 0 | 0 | 2,143 | $322 | 0.5 mi |
B 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.7 mi |
C 1257 W 60th Place Sold | $835,000 | 4 | 3 | 2,635 | $317 | 0.5 mi |
D 906 W 59th Sold | $725,000 | 0 | 0 | 1,916 | $378 | 0.2 mi |
E 943 W 65th Street Active | $800,000 List Price | 7 | 4 | 3,260 | $245 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 and over 75 years old with no evidence of recent renovations, this property falls into the poor category. The listing explicitly states it requires 'substantial repairs' and is best suited for redevelopment or repositioning. The presence of unpermitted units and the 'as-is' sale status indicate significant safety, structural, and system concerns that necessitate a full rehabilitation.
High School: Middle College High School (9/10).
The offering includes two adjacent parcels (a triplex and a single-family residence) being sold together, providing a unique opportunity for investors to acquire a larger footprint for redevelopment or a comprehensive value-add strategy.
With a total of four legal units featuring high bedroom counts—including two 4-bedroom units—plus an additional unpermitted unit, the property offers significant potential for high-density rental income once renovated.
The property requires substantial repairs and is being sold in 'as-is' condition, necessitating a significant capital injection for renovation and making it unsuitable for traditional financing or non-contractor buyers.
The sale is subject to further court approval and includes an unpermitted unit, which introduces additional regulatory risk, potential delays, and complexities regarding building code compliance.
Investor opportunity: 6111 and 6113 Menlo are two adjacent parcels to be sold together, presenting a compelling value-add acquisition with strong future upside. It offers excellent long-term potential for investors seeking to reposition, improve, and maximize returns. 6113 Menlo includes a 3-bedroom, 1-bath single-family residence with approximately 1,000 square feet of living space on a 4,594-square-foot lot. 6111 Menlo includes a triplex with two 4-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, plus an additional unpermitted 1-bedroom, 1-bath unit, with approximately 3,029 square feet of living area on a 4,594-square-foot lot. With the right vision and improvements, this property offers significant income potential and an opportunity for future growth. The property requires substantial repairs and is best suited for investors, contractors, or buyers looking for a project with redevelopment or repositioning potential. Court approval for the sale has already been obtained. However, limited court approval is still required. Property to be sold as-is. Buyers are recommended to conduct their own due diligence regarding permits, use, square footage, condition, tenant status, and accuracy of all information.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,029 | 2,230 | 74% |
| Lot Size | 4,594 | 5,807 | 10% |
| Price | $905.0K | $850.0K | 58% |
| Price per sq ft | $299 | $403 | 23% |
| Built year | 1949 | 1923 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 154 | 3% |
May 21, 2026
$905,000
$9,050,000
-90% Price Drop
Initial Listing
May 13, 2026
$9,050,000
Initial Listing