2827 Menlo Avenue, Los Angeles, CA 90007

Bring us an offer. Property is now leased at $13k/month through August 2016 (20 months) Incredible trophy property in the North University Park Historic District just four blocks from the USC campus. Designated a national monument and registered under the U.S. National Register of Historic Places, this legal duplex was originally constructed in 1898 and has recently made a remarkable journey through the LA City Building and Planning Departments, community approval hearings, and a yearlong renovation that has restored its historic luster. Every major system within the property has been completely overhauled, including both kitchens with new granite and new appliances. 10 bedrooms, 8 bathrooms with room for 10+ parking spots. A carriage house not included in the square footage provides laundry services and storage for tenants. Currently leased to a USC Trojan men's honorary organization at $13,000 per month, this unique investment opportunity would make an excellent addition to any investors portfolio. Existing rents deliver a 6.0+ CAP rate.