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$ 2,575,000
Est. payment /mo
New
3735 Mentone AVE Los Angeles, CA 90034
10 Beds
11 Baths
7,318 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,318 sqft
Price per Sqft $351
MLS Listing ID 26832941
Bedrooms 10
HOA Y/N No
Year Built 1967
Lot Size 7,501 Sqft
Property Description
Roque & Mark Co. is pleased to represent this well maintained 8-unit apartment building in the most desirable living area of Palms - north of Venice Blvd. and steps to restaurants, shopping, and downtown Culver City. This property can be purchased separately or with 3625 Mentone Ave. Excellent unit mix consisting of (3) 2 beds + 2 baths, (1) 1 bed + large den + 1 bath, (3) 1 bed + 1 bath, and (1) studio unit. The property is fully occupied and currently offered at a 11.9 GRM and 5.48% CAP rate with actual rents. Most units have their own balcony or patio. Plenty of parking with 8 individual spaces and 11 total if used as tandem. There is an alley. All soft-story retrofitting and balcony inspections have been completed. Large building footprint with 7,318 sf of living area on a 7,502 sf lot. For investors, this is an opportunity to acquire a solid, well-located multifamily asset with lasting appeal and upside potential in an area known for high enduring desirability. This is a quiet street despite its close proximity to shops, cafes, and restaurants. Subject to City of Los Angeles Rent Stabilization.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal
Laundry Common Area
Exterior
Parking Features Carport, Driveway
Carport Spaces 8
Roof Type Composition,Shingle
Total Parking Spaces 11
Building
Story 2
Entry Level One
Sewer Other
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4314002005
Special Listing Condition Standard
Listed by David Schuchman Roque & Mark Company, Inc. #01472937
NEARBY SCHOOL & BUSINESS