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For SaleLuxury

$2,500,000

7,434 sqft$336/sqft151 days on market

3344 Mentone Avenue

Los Angeles, CA 90034

· 8% down, 7% APR, 30yr fixed

11

Beds

11

Baths

7,434

Square feet

1966

Built

Listing narrative

Description

Investor, developers and land bankers! RARE PALMS APARTMENT PORTFOLIO & DEVELOPMENT ASSEMBLAGE OPPORTUNITY! A truly exceptional opportunity to acquire two contiguous multifamily properties in the heart of Palms neighborhood of West Los Angeles, with the potential to acquire a third adjacent parcel and create a rare three-lot development assemblage. 3338 Mentone Avenue (MLS#26846665) and 3344 Mentone Avenue (MLS# 26846653) are offered together and comprise 17 apartment units with a combined 24 bedrooms and 22 bathrooms. Together, the properties represent a substantial multifamily investment in one of the Westside's strongest rental markets. Adding to the uniqueness of the offering, ownership may have the ability to include the neighboring property at 3332 Mentone Avenue, creating three consecutive parcels with more than 22,000 square feet of combined land area. Opportunities to control three side-by-side apartment lots in Prime Palms are extraordinarily rare and increasingly difficult to replicate. Located within a premier multifamily corridor near Culver City, Century City, UCLA, Silicon Beach, Downtown Culver City, and the Metro E Line, the properties benefit from strong rental demand, exceptional walkability, and long-term redevelopment appeal. Please do not disturb tenants.

Listing agent (MLS): Jaime Tsai · Listing brokerage (MLS): SMI Realty

Property Details

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Price

$2,500,000

Beds

11 bd

Type

House

Home Size

7,434 sqft

Baths

11

Lot Size

0.17 acres

Year

1966

Status

For Sale

Days on Market

151

$ / Sqft

$336

· 8% down, 7% APR, 30yr fixed
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Courtesy of SMI Realty