3739 Mentone Ave, Los Angeles, CA 90034
3739 Mentone Ave, Los Angeles, CA 90034
3739 Mentone Ave, Los Angeles, CA 90034
3739 Mentone Ave, Los Angeles, CA 90034
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$ 3,300,000
Est. payment | /mo

13 Beds

12 Baths

7,363 SqFt


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$ 3,300,000
Est. payment | /mo
Save

13 Beds

12 Baths

7,363 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,363 sqft

Price per Sqft $448

MLS Listing ID 26999243

Bedrooms 13

Year Built 1958

Lot Size 7,503 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

We are pleased to present a twelve (12) unit apartment building located at 3739 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 offers approximately 30% potential rental upside and possible ADU conversion opportunities. Built by the Seller's family, the property comprises one studio, nine one-bedroom units, and two two-bedroom units. A soft-story retrofit has been completed, and a copper re-pipe was completed in 2005. On-site features include laundry facilities, rear tuck-under parking, and front surface parking. The tuck-under area may accommodate multiple ADUs, subject to feasibility and approvals. Residents have convenient access to the Palms Metro E Line, the 10 and 405 freeways, and nearby commercial corridors. Downtown Culver City, Media Park, Woodbine Park, and restaurants, shops, and entertainment destinations in the surrounding area are also within easy reach. With approximately 30% potential rental upside, a completed soft story retrofit, and possible tuck-under parking conversions for ADUs, the property presents a 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.

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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3739 Mentone Ave