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3722 Mentone Ave
Los Angeles, CA 90034 Palms

$2,700,000 USD

Apartments For Sale • 7,532 SF

Property Details

Property Type Apartments
Total Building Size 7,532 SF
Lot Size 0.17 AC
Building Class C
Year Built 1957
Cap Rate 5.78 %
Zoning LAR3

80 Transit Score

60 Walk Score

                
                    Highlights
                
                                Situated in the prime central Westside setting of Palms, with easy access to Culver City, Mid-City, Mar Vista, and West LA.
                            
                                Property delivers strong in-place income at a 5.78% going-in cap rate while offering 23% upside in NOI. 
                            
                                Property has been consistently well maintained with strong management in place, featuring thoughtful unit upgrades completed over time.
                            
                                Diverse and desirable unit mix of 1 (Studio/1BA), 4 (1BD/1BA), 3 (2BD/1BA), and 1 (3BD/2BA), appealing to Palms' broad renter base.
                            
                                Backed by resilient submarket fundamentals, with strong demand, high occupancy, and excellent connectivity throughout Palms.

Financial Summary (Actual)

Net Operating Income: $156,170 USD (2025)

Cap Rate:	5.78 %
Total Expenses:	$71,794 USD

Amenities

Air Conditioning
Balcony
Dishwasher
Microwave
Washer/Dryer
Heating
Ceiling Fans
Kitchen
Hardwood Floors
Refrigerator
Oven
Stainless Steel Appliances
Range
Tub/Shower
Dining Room
Freezer
Pantry
Patio
Vinyl Flooring
Window Coverings
Large Bedrooms
Private Bathroom
Smoke Detector

Public Transportation

Transit/Subway	Drive	Walk	Distance
Palms (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Los Angeles International	15 min	-	7.5 mi
Bob Hope	34 min	-	21.8 mi
Long Beach (Daugherty Field)	34 min	-	25.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Covered
Included in Rent:	Yes

Scott Rosenberg 310-889-8738 Kidder Mathews

3722 Mentone Ave Los Angeles, CA 90034 Palms