$ 2,575,000
-
$2,575,000
Price -
10
Bed -
11
Bath -
7,318
SqFt
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About the Listing CLW-S04161 - CLW-X66442
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.
Listing Highlights
Status
Active
Days on Site
22
Property Type
Multi-Family
MLS ®
26832941
Year Built
1967
Total Square Footage
7,318
Lot/Acreage
0.17
County
Los Angeles
Interior Details
- Bedrooms: 10
- Bathrooms: 11 Full
- Appliances: Disposal
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 11
- Lot Dimensions: 50x150
- Zoning: LAR3
- Roof: Composition,Shingle
- Others: 2+ Total Units
- Sewer: Other
- Parking Features: Carport,Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4314002005
- Tax Year: N/A
Payment Calculator
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Questions About..
3735 Mentone Ave Los Angeles, CA 90034
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