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For SaleLuxury

$2,225,000

7,906 sqft$281/sqft30 days on market

3743 Mentone Avenue

Los Angeles, CA 90034

· 8% down, 7% APR, 30yr fixed

16

Beds

8

Baths

7,906

Square feet

1963

Built

Listing narrative

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.

Listing agent (MLS): Jason Tuvia · Listing brokerage (MLS): Marcus & Millichap

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,225,000

Beds

16 bd

Type

House

Home Size

7,906 sqft

Baths

8

Lot Size

0.17 acres

Year

1963

Status

For Sale

Days on Market

30

$ / Sqft

$281

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap