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Closed
- Listed price
- $5,000,000
- Listed Oct 19, 2021
- Sold price
- $4,450,000
- Sold Feb 9, 2022
20,000 sqft lot|1939 Built|30 MLS days on market
1114 menlo Ave, Los Angeles, CA 90006
Property Description
OPPORTUNITY ZONE, OPPORTUNITY ZONE, IS ALL YOU NEED TO KNOW!!!! THESE two 8 unit building side by side consist of 16 units on a 100x200 20,000 square foot parcel ZONING IS R4-VL TIER 3, WHICH ACCORDING TO THE CITY OF LOS ANGELES, UP TO 87 UNITS COULD BE BUILT HERE! BEING IN THE OPPORTUNITY ZONE if you can fit them the city says you can build them! Lots of new construction in this area, BUT this location extras Extra wide street 88 feet, help take away some of those construction headaches, existing 20,000 of land raised about 5 feet above street level, street to alley again those construction headaches> REALTORS, DEVELOPERS, CONTRACTORS TAKE NOTICE THIS IS A REAL OPPORTUNITY Property in family a long time, have outlived it's usefulness Sellers are selling "AS IS" AS a development site. You collect rents as you are doing your plans,financing etc.etc.
Listing agent: Steve LegareDRE #00452827SLEGARE39@HOTMAIL.COM, Listing office: West Shores Realty, Inc.
MLS data updated 11/3/2026, 2:40:08 AM PT
Source: CRMLSMLS #: SB21231471
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$4,450,000
Feb 9, 2022
Available records32021–2022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$4,450,000Closed sale · Feb 9, 2022ZIP 90006 · Feb 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsFeb 9, 2022 – Feb 9, 2022
ZIP 90006 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.