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$2,695,000
Est. payment /mo
12 Beds
9 Baths
7,497 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,497 sqft
Price per Sqft $359
MLS Listing ID 25521043
Bedrooms 12
HOA Y/N No
Year Built 1961
Lot Size 7,509 Sqft
Property Description
We are pleased to present the exclusive opportunity to acquire a well-located, professionally managed multi-family property on LA's famed Westside. Perfectly situated in the Palms neighborhood with its easy access to West LA, Culver City, and the 405/10 freeways, 3637 Mentone Avenue was built in 1961 and features 9 apartments, including three 2-bed/1-bath units and six 1-bed/1bath units. The apartments boast spacious layouts with separate dining areas, walk-in closets, balconies, and new flooring in many instances. There are on-site laundry facilities, off-street parking, low maintenance landscaping, and separate meters for gas and electricity. Soft story retrofit work was completed and a Certificate of Compliance issued. 3637 Mentone truly offers the astute investor an excellent turnkey property with a tremendous foundation for income and cap rate growth as well as long-term asset appreciation.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air
Fireplace No
Appliance Disposal, Microwave
Exterior
Parking Features Assigned, Covered
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4314009009
Special Listing Condition Standard
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Listed by Jacob Plewa • REMAX COMMERCIAL & INVESTMENT REALTY