22
See all 22 photos
$2,395,000
Est. payment /mo
12 Beds
13 Baths
8,109 SqFt
Price Dropped by $200K
3625 Mentone AVE Los Angeles, CA 90034
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,109 sqft
Price per Sqft $295
MLS Listing ID 26832909
Bedrooms 12
HOA Y/N No
Year Built 1962
Lot Size 8,258 Sqft
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 11.5 GRM and 5.5% 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 C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Disposal
Laundry Common Area
Exterior
Parking Features Carport, Driveway
Carport Spaces 8
Roof Type Composition,Shingle
Total Parking Spaces 10
Building
Story 2
Entry Level One
Sewer Other
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4314009006
Special Listing Condition Standard
Listed by David Schuchman Roque & Mark Company, Inc. #01472937
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