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$ 3,300,000
Est. payment /mo
New
3739 Mentone AVE Los Angeles, CA 90034
13 Beds
12 Baths
7,363 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,363 sqft
Price per Sqft $448
MLS Listing ID 26999243
Bedrooms 13
HOA Y/N No
Year Built 1958
Lot Size 7,501 Sqft
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 C13 - Palms - Mar Vista
Zoning LAR3
Interior
Fireplace No
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4314002004
Special Listing Condition Standard
Listed by Jason Tuvia Marcus & Millichap #01772495
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