3338 Mentone Ave, Los Angeles, CA 90034

$5,680,000
13
BD
11
BA
7,434
SqFt

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List Price
$5,680,000
MLS#
26846665
Year Built
1966
Bedrooms
13
Bathrooms
11
Living Sq. Ft
7,434
Lot Size
7,502
Days on Market
49
Property Type
Multifamily
Style
Traditional
Stories
2

Property Description

Investor, developers and land bankers! RARE PALMS APARTMENT PORTFOLIO & DEVELOPMENT ASSEMBLAGE OPPORTUNITY! A truly exceptional opportunity to acquire two contiguous multifamily properties in the heart of Palms neighborhood of West Los Angeles, with the potential to acquire a third adjacent parcel and create a rare three-lot development assemblage. 3338 Mentone Avenue (MLS # 26846665) and 3344 Mentone Avenue (MLS#2686653) are offered together and comprise 17 apartment units with a combined 24 bedrooms and 22 bathrooms. Together, the properties represent a substantial multifamily investment in one of the Westside's strongest rental markets. Adding to the uniqueness of the offering, ownership may have the ability to include the neighboring property at 3332 Mentone Avenue, creating three consecutive parcels with more than 22,000 square feet of combined land area. Opportunities to control three side-by-side apartment lots in Prime Palms are extraordinarily rare and increasingly difficult to replicate. Located within a premier multifamily corridor near Culver City, Century City, UCLA, Silicon Beach, Downtown Culver City, and the Metro E Line, the properties benefit from strong rental demand, exceptional walkability, and long-term redevelopment appeal. Please do not disturb tenants.

Additional Information

Other Buildings
Other
Pool Description
None
Heat
Wall
Cooling
Window Unit(s)
View
City Lights
Exterior Construction
Stucco
Number of Cars in Garage
Carport Attached, Carport, Assigned, Community Garage
Water
Public, In Street
School District
Los Angeles Unified

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Calculator source: Real Geeks

Courtesy of SMI Realty, Jaime Tsai - CA DRE#00963751

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