3735 Mentone AVE, Los Angeles, CA 90034
3735 Mentone AVE, Los Angeles, CA 90034
3735 Mentone AVE, Los Angeles, CA 90034
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,575,000
Est. payment /mo
10 Beds
11 Baths
7,318 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,318 sqft

Price per Sqft $351

MLS Listing ID 26832941

Bedrooms 10

HOA Y/N No

Year Built 1967

Lot Size 7,501 Sqft

Property Description

Roque & Mark Co. is pleased to represent this well maintained 8-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 3625 Mentone Ave. Excellent unit mix consisting of (3) 2 beds + 2 baths, (1) 1 bed + large den + 1 bath, (3) 1 bed + 1 bath, and (1) studio unit. The property is fully occupied and currently offered at a 11.9 GRM and 5.48% CAP rate with actual rents. Most units have their own balcony or patio. Plenty of parking with 8 individual spaces and 11 total if used as tandem. There is an alley. All soft-story retrofitting and balcony inspections have been completed. Large building footprint with 7,318 sf of living area on a 7,502 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 C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Disposal

Laundry Common Area

Exterior

Parking Features Carport, Driveway

Carport Spaces 8

Roof Type Composition,Shingle

Total Parking Spaces 11

Building

Story 2

Entry Level One

Sewer Other

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4314002005

Special Listing Condition Standard

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Listed by David Schuchman Roque & Mark Company, Inc. #01472937

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