Contiguous Apartment Portfolio for
For Sale
$5,680,000
3338 Mentone Ave, Los Angeles, CA 90034
Two contiguous Westside apartment properties totaling 17 units, offering a platform for an assemblage-minded investor or developer.
Property Size7,434 SF
Days on Market68
Property Features for 3338 Mentone Ave
General Information
Standard status
Active
Size
7,434 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
7,434 SF
Year Built
1966
Listing Agency:
SMI Realty
Listed By:
Jaime Tsai · License #00963751
Source:
Milsteinestates
Added: Jun 10
Changed: Aug 16
Last Checked: Aug 15 at 12:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SMI Realty
Investment Insights
Based on property information with market context.
This offering includes two contiguous multifamily properties, offered together for sale: 3338 Mentone Avenue and 3344 Mentone Avenue. Combined, the portfolio contains 17 apartment units, with 24 bedrooms and 22 bathrooms. The remarks also note the possibility that ownership may include a neighboring parcel at 3332 Mentone Avenue, creating a three-lot assemblage.
The properties are presented as an opportunity centered in the Palms area of West Los Angeles, described as being within a multifamily corridor near Culver City, Century City, UCLA, Silicon Beach, Downtown Culver City, and the Metro E Line. The seller requests that tenants not be disturbed.
For investors, developers, and land bankers, the primary value here is control of adjacent multifamily lots within a single assemblage path. Prospective buyers can evaluate the current unit mix and layout across both addresses, as well as the development feasibility of consolidating parcels into a three-lot configuration if the neighboring opportunity is pursued. This is a portfolio structure designed for parties who want one cohesive acquisition with the flexibility to plan beyond a single parcel.
The properties are presented as an opportunity centered in the Palms area of West Los Angeles, described as being within a multifamily corridor near Culver City, Century City, UCLA, Silicon Beach, Downtown Culver City, and the Metro E Line. The seller requests that tenants not be disturbed.
For investors, developers, and land bankers, the primary value here is control of adjacent multifamily lots within a single assemblage path. Prospective buyers can evaluate the current unit mix and layout across both addresses, as well as the development feasibility of consolidating parcels into a three-lot configuration if the neighboring opportunity is pursued. This is a portfolio structure designed for parties who want one cohesive acquisition with the flexibility to plan beyond a single parcel.
Key Highlights
- Two contiguous multifamily properties at 3338 and 3344 Mentone Avenue in Palms, West Los Angeles, offered together
- Total of 17 apartment units with 24 bedrooms and 22 bathrooms across the two properties
- Each property is listed under MLS: 3338 Mentone Avenue (MLS #26846665) and 3344 Mentone Avenue (MLS #2686653)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,625
Businesses Nearby
Explore this area
Business Placement
Demographics for 90034, CA
57,152
Population
29,262
Households
2
Avg Household Size
35
Median Age
64%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
18,436
Density / Sq Mi
$103,082
Median Household Income
$62,891
Median Earnings
$2,180
Median Rent
$1,395,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two contiguous Westside apartment properties totaling 17 units, offering a platform for an assemblage-minded investor or developer.
Where is this apartment building located?
The property is located at 3338 Mentone Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,680,000.
What are key features of this property?
This property features: Two contiguous multifamily properties at 3338 and 3344 Mentone Avenue in Palms, West Los Angeles, offered together; Total of 17 apartment units with 24 bedrooms and 22 bathrooms across the two properties; Each property is listed under MLS: 3338 Mentone Avenue (MLS #26846665) and 3344 Mentone Avenue (MLS #2686653)
