3726 Mentone Ave, Los Angeles, CA 90034
3726 Mentone Ave, Los Angeles, CA 90034
3726 Mentone Ave, Los Angeles, CA 90034
5
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$2,900,000
Est. payment /mo
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12 Beds
12 Baths
6,942 SqFt
Active

3726 Mentone Ave Los Angeles, CA 90034

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,942 sqft

Price per Sqft $417

MLS Listing ID 26999229

Bedrooms 12

Year Built 1958

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

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.

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 SCHOOL & BUSINESS

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Herman Singh

Herman Singh

Broker

+1(718) 679-7822

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3726 Mentone Ave