3743 Mentone Ave, Los Angeles, CA 90034
3743 Mentone Ave, Los Angeles, CA 90034
3743 Mentone Ave, Los Angeles, CA 90034
3743 Mentone Ave, Los Angeles, CA 90034
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$ 2,225,000
Est. payment | /mo

16 Beds

8 Baths

7,906 SqFt


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$ 2,225,000
Est. payment | /mo
Save

16 Beds

8 Baths

7,906 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,906 sqft

Price per Sqft $281

MLS Listing ID 26999253

Bedrooms 16

Year Built 1963

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap

Nearby Locations

Derek Reilly

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 902-2909

derek@westsidederek.com

4215 Highland Ave, Manhattan Beach, California 90266, USA

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3743 Mentone Ave