$2,900,000
3726 Mentone Avenue
Los Angeles, CA 90034
12
Beds
12
Baths
6,942
Sq. Ft.
1958
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
We are pleased to present a twelve (12) unit apartment building located at 3726 Mentone Ave in Los Angeles, California. The subject property is located in a prime Palms location, just north of Venice Blvd and east of Overland Ave. Located in prime Palms, this 12-unit multifamily property combines existing income with approximately 40% potential rental upside and possible ADU opportunities. The unit mix comprises one single, nine one-bedroom units, and two two-bedroom units. A soft-story retrofit has been completed, and the property underwent a copper re-pipe in 2005. Residents benefit from on-site laundry, rear tuck-under parking, and front surface parking. Conversion of the tuck-under parking may provide space for multiple ADUs, subject to feasibility and approvals. The property is near the Palms Metro E Line, the 10 and 405 freeways, and major commercial corridors. Downtown Culver City, Media Park, Woodbine Park, and a broad selection of shops and restaurants are also nearby and within reach. With approximately 40% potential rental upside, completed soft story retrofitting, and possible tuck-under parking conversions for ADUs, the property offers a compelling value-add opportunity in prime Palms. ***PLEASE NOTE: Property is part of a 9-building portfolio. Building may be sold individually or as a portfolio.
Property Details
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Mortgage Estimate
$15,435/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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