3625 Mentone Ave, Los Angeles, CA 90034
3625 Mentone Ave, Los Angeles, CA 90034
3625 Mentone Ave, Los Angeles, CA 90034
3625 Mentone Ave, Los Angeles, CA 90034
3625 Mentone Ave, Los Angeles, CA 90034
3625 Mentone Ave, Los Angeles, CA 90034
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$ 2,595,000
Est. payment | /mo

12 Beds

13 Baths

8,109 SqFt


Save
$ 2,595,000
Est. payment | /mo
Save

12 Beds

13 Baths

8,109 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,109 sqft

Price per Sqft $320

MLS Listing ID 26832909

Style Traditional

Bedrooms 12

Year Built 1962

Lot Size 8,259 Sqft

Acres 0.1896

Property Sub-Type Multi-Family

Property Description

Roque & Mark Co. is pleased to represent this well maintained 9-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 3735 Mentone Ave. Excellent unit mix consisting of (1) 3 beds + 2 baths, (3) 2 beds + 2 baths, (4) 1 bed + 1 bath, and (1) bachelor unit. The property is fully occupied and currently offered at a 12.5 GRM and 4.96% CAP rate with actual rents. Every unit has its own balcony or patio. Plenty of parking with 8 individual spaces and 10 total if used as tandem. There is an alley. All soft-story retrofitting and balcony inspections have been completed. Large building footprint with 8,102 sf of living area on an 8,259 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 Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Dishwasher, Garbage Disposal

Laundry Community

Exterior

Parking Features Carport, Driveway

Garage Spaces 10.0

Roof Type Composition, Shingle

Building

Story 2

Sewer In Street

Water In Street, Water District

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Roque & Mark Company, Inc.

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3625 Mentone Ave