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$ 2,225,000
Est. payment /mo
New
3743 Mentone AVE Los Angeles, CA 90034
16 Beds
8 Baths
7,906 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,906 sqft
Price per Sqft $281
MLS Listing ID 26999253
Bedrooms 16
HOA Y/N No
Year Built 1963
Lot Size 7,501 Sqft
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 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 4314002003
Special Listing Condition Standard
Listed by Jason Tuvia Marcus & Millichap #01772495
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