$2,225,000
3743 Mentone Avenue
Los Angeles, CA 90034
16
Beds
8
Baths
7,906
Sq. Ft.
1963
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
We are pleased to present an eight (8) unit apartment building located at 3743 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 multifamily property offers an all two-bedroom unit mix, approximately 60% potential rental upside, and possible ADU conversion opportunities. Built by the seller's family, the property features a completed soft-story retrofit, a new roof installed in 2021, and a copper re-pipe completed in 2004. Residents benefit from on-site laundry and tuck-under parking at the front and rear. The parking areas may offer opportunities for multiple ADU conversions, subject to feasibility and approvals. Convenient access to the Palms Metro E Line, the 10 and 405 freeways, and major commercial corridors connects residents to surrounding destinations. Downtown Culver City, Media Park, Woodbine Park, shops, and restaurants are all nearby for dining, shopping, and recreation. With approximately 60% potential rental upside, an all two-bedroom unit mix, completed capital improvements, and potential ADU conversions, the property offers multiple opportunities to add value in prime Palms. ***PLEASE NOTE: Property is part of a 9-building portfolio. Building may be sold individually or as a portfolio.
Property Details
Architecture
Features & Amenities
Property Features
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Mortgage Estimate
$11,842/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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