$2,395,000
 $12,857 est/mo Sourced by Back At You

3625 Mentone Avenue,Los Angeles, CA 90034

Los Angeles, CA 90034

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Description

Roque & Mark Co. is pleased to represent this well maintained 9-unit apartment building in the most desirable living area of Palms - north of Venice Blvd. and steps to restaurants, shopping, and downtown Culver City. Excellent unit mix consisting of (1) 3 beds + 2 baths, (3) 2 beds + 2 baths, (4) 1 bed + 1 bath, and (1) bachelor unit. The property is fully occupied and currently offered at a 11.3 GRM and 5.6% CAP rate with actual rents. Every unit has its own balcony or patio. Plenty of parking with 8 individual spaces and 10 total if used as tandem. There is an alley. All soft-story retrofitting and balcony inspections have been completed. Large building footprint with 8,102 sf of living area on an 8,259 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.

Details

MLS #26832909
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1962
Days On Site107
Listing Provided ByRoque & Mark Company, Inc. | David Schuchman

Features

Bed(s)12
Bath(s)13
SQ Feet8,109
Car PortYes
Story(s)1
Units9
Building(s)1
ZoningLAR3
Acreage0.19

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
AppliancesDishwasher, Disposal

Exterior

RoofComposition, Shingle

Parking

Parking FeaturesCarport, Driveway

Utilities

SewerOther

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90034
AreaC13 Palms Mar Vista
Listing VS Median (in 90034)
Price:
$2,395,000
low | high
Med:
$2,400,000
49.791231732777% of Average
sqft:
8,109
low | high
Med:
7,321
59.717597730916% of Average
$ / sqft:
$295
low | high
Med:
$328
39.005203950428% of Average
On site:
107
low | high
Med:
203
52.709359605911% of Average
Sourced by Back At You

Market Activity 90034

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90034
AreaC13 Palms Mar Vista
Listing VS Median (in 90034)
Price:
$2,395,000
low | high
Med:
$2,400,000
49.791231732777% of Average
sqft:
8,109
low | high
Med:
7,321
59.717597730916% of Average
$ / sqft:
$295
low | high
Med:
$328
39.005203950428% of Average
On site:
107
low | high
Med:
203
52.709359605911% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.796M - $2.993M
sqft: 6,000 - 10,000
Nearby Listings Property ImageNearby Listings Details
3602 Keystone Avenue Property Photo 1
$2,850,000
3602 Keystone Avenue
Los Angeles, CA 90034
3662 Keystone Avenue Property Photo 1
$2,500,000
3662 Keystone Avenue
Los Angeles, CA 90034
Listing Updated: August 21, 2026 at 11:05:40 PM PDT