Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $5,490/mo
- Units
- 3
- Price per unit
- $301,667
- Est. annual NOI
- $32,940
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $62,586
- Operating expenses
- $31,293
- Net operating income
- $31,293
- Annual debt service
- $54,189
- Annual cash flow
- -$22,896
- Cash on cash return
- -10.1%
- Down payment
- $226,250
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Triplex
- Bedrooms
- 3
- Building size
- 3,029 sqft
- Lot size
- 4,594 sqft
- Year built
- 1949
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 128
- MLS #
- 242149353
About this property
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. The hearing date is September 22, 2026, 8:30 AM Dept 615B
Location
6111 Menlo
Los Angeles, Los Angeles, CA, 90044