3625 Mentone Avenue, Los Angeles, CA 90034
- $2,395,000
- 12
- BD
- 13
- BA
- 8,109
- SqFt
Listing courtesy of Listing Agent: David Schuchman (david@roque-mark.com) from Listing Office: Roque & Mark Company, Inc..
- List Price
- $2,395,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 122
- Price Change
- ▼ $200,000 1781568032
- MLS#
- 26832909
- Subtype
- Residential Income
- Style
- Traditional
- Year Built
- 1962
- Bedrooms
- 12
- Bathrooms
- 13
- Living Area
- 8,109
- Lot Size
- 8,259
- Acres
- 0.19
- MLS Area Major
- Palms - Mar Vista (C13)
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. 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 11.3 GRM and 5.6% 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.
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Additional Information
- Property Description
- Traditional
- Zoning
- LAR3
- Appliances
- Dishwasher, Disposal
- Heating
- Wall Furnace
- Stories
- One Level
- Levels
- One
- Roof
- Composition, Shingle
- Parking Features
- Carport, Driveway
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.