6113 Menlo, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 1 bath
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Los Angeles, California 90044
This multi-parcel offering presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well below the $571,905 Fair Market Value by 3%. This valuation gap offers $21,905 in Instant Equity for buyers. With a Condition Rating of 5, the property requires substantial rehabilitation, including addressing unpermitted units and deferred maintenance. This Value-Add Asset is ideal for Buy-and-Hold Investors or Contractors seeking to maximize returns through strategic redevelopment and unit repositioning in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6113 Menlo Subject | $550,000* List Price | 3 | 1 | 1,000 | $572 | - |
A 1320 W 58th Place Sold | $550,000 | 3 | 1 | 1,079 | $510 | 0.6 mi |
B 1340 W 58th Sold | $600,000 | 3 | 2 | 1,210 | $496 | 0.6 mi |
C 1346 W 59th Place Pending | $485,000 List Price | 5 | 2 | 1,033 | $470 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (56 years old) with no recorded renovations, the property is explicitly marketed as requiring substantial repairs and is best suited for a full rehab or redevelopment. The listing describes it as a value-add opportunity for contractors, indicating significant neglect of systems and interior finishes.
High School: Middle College High School (9/10).
The offering includes two adjacent parcels (6113 and 6111 Menlo) to be sold together, providing a rare chance for investors to acquire a single-family home and a triplex for a large-scale value-add or redevelopment project.
With multiple units across the parcels, including large four-bedroom configurations, the property offers substantial upside for rental income once the units are repositioned and modernized.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 3029. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 10.
The property is sold in 'as-is' condition and requires significant repairs, making it suitable only for cash buyers or investors with the capital to fund a major rehabilitation.
The sale is subject to ongoing court approval and includes an unpermitted unit, which may present challenges for traditional financing and require extensive due diligence regarding building 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 | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,000 | 1,254 | 27% |
| Lot Size | 4,560 | 5,248 | 20% |
| Price | $550.0K | $660.0K | 21% |
| Price per sq ft | $550 | $522 | 61% |
| Built year | 1970 | 1928 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 169 | 3% |
May 13, 2026
$550,000
Initial Listing