3338 Mentone Avenue,Los Angeles, CA 90034
Los Angeles, CA 90034
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.
Details
| MLS # | 26846665 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 71 |
| Listing Provided By | SMI Realty | Jaime Tsai |
Features
| Bed(s) | 13 |
|---|---|
| Bath(s) | 11 |
| SQ Feet | 7,434 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.17 |
| Property View | Yes |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Window Features | Blinds, Screens |
| Appliances | Dishwasher, Disposal, Refrigerator |
Exterior
| Security Features | Gated Community, Smoke Detectors |
|---|---|
| Construction Materials | Stucco |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Assigned, Carport, Community Structure |
Utilities
| Sewer | Other |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90034 |
| Area | C13 Palms Mar Vista |
| Listing VS Median (in 90034) | |
Price: $5,680,000 low | high Med: $2,400,000 sqft: 7,434 low | high Med: 7,321 $ / sqft: $764 low | high Med: $328 On site: 71 low | high Med: 198 | |
Market Activity 90034
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90034 |
| Area | C13 Palms Mar Vista |
| Listing VS Median (in 90034) | |
Price: $5,680,000 low | high Med: $2,400,000 sqft: 7,434 low | high Med: 7,321 $ / sqft: $764 low | high Med: $328 On site: 71 low | high Med: 198 | |
