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3747 Mentone Ave
Los Angeles, CA 90034 Palms

$2,500,000 USD

Apartments For Sale  •  7,283 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,283 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1969
  • Zoning LAR3
80 Transit Score
60 Walk Score

Highlights

TRUE VALUE-ADD POTENTIAL: The property remains largely untouched, providing new ownership with the opportunity to modernize unit interiors.
16% EMBEDDED RENTAL UPSIDE: Current rents trail underwritten market rents by approximately 16%, providing a clear opportunity to increase income.
EXCELLENT UNIT MIX
IMMEDIATE VACANT UNIT OPPORTUNITY
STEPS FROM CULVER CITY & SONY PICTURES
ACCESS TO MAJOR EMPLOYMENT & LIFESTYLE CENTERS

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Laundry Facilities
  • Heating
  • Trash Pickup - Curbside
  • Refrigerator
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Transit/SubwayDriveWalkDistance
Palms (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 14 min - 7.2 mi
Bob Hope 34 min - 22.4 mi
Long Beach (Daugherty Field) 33 min - 24.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Mike Hanassab 424-334-7011 Northmarq
Mike Hanassab 424-334-7011 Northmarq