Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveTriplex

6111 Menlo Avenue

Los Angeles, CA, 90044

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$870,000

MLS: SB26016464

Beds

10

Baths

4

Sq Ft

3,029

Lot

0.11 ac

Year Built

1949

MLS #

SB26016464

Days on Market

1

Listed

Jan 24, 2026

Description

Rare Dual-Lot Investment Opportunity in Los Angeles! Two adjacent properties sold together on a combined 9,152 sq. ft. lot. Ideal for investors or developers seeking value-add or redevelopment opportunities. Includes a 3-bed, 1 bath fixer single-family home and a spacious triplex with large units, plus additional upside potential. Comprised of (2) 4-bedroom, 1-bath units and (1) 2-bed, 1-bath unit, plus an unpermitted 1-bed, 1-bath garage conversion, units are in need of significant maintenance and restoration. The property offers ample on-site parking for tenants and guests and is conveniently located near shopping, schools, and major freeways. This is a probate sale subject to court confirmation. Property is being sold AS-IS, with no warranties representations, or guarantees expressed or implied by the seller. Buyers are advised to conduct their own due diligence, including verification of permits, land use, zoning, and development potential. Please do not enter the property and DO NOT disturb tenants.

Location

Los Angeles, Los Angeles County, CA 90044

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Listed by: Capril Anderson · Coldwell Banker Envision

Payment estimate

$6,343

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $87,000 · Loan: $783,000

%
Principal & Interest
$4,811
Property tax (1.25%)
$906
Homeowners insurance
$300
Mortgage insurance
$326
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $30,450 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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