8-Unit Apartment
For Sale
$2,375,000
Pending
3735 Mentone Ave, Los Angeles, CA 90034
Fully occupied multifamily property with varied unit layouts, private outdoor space, parking, and completed seismic and balcony work.
Property Size7,318 SF
Lot Size0.17 Acres
Days on Market112
Property Features for 3735 Mentone Ave
General Information
Standard status
Pending
Size
7,318 SF
Total Parking Spaces
8
Lot size
0.17 Acres
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Cap Rate
6%
Gross Rent Multiplier
11
Units
Unit Mix
3 x 2BR/2BA, 1 x 1BR+den/1BA, 3 x 1BR/1BA, 1 x studio
Multifamily Units
8
Amenities
balcony/patio
Building Details
Building Size
7,318 SF
Year Built
1967
Buildings
1
Listing Agency:
Roque & Mark Company, Inc.
Listed By:
David Schuchman · License #01472937
Source:
Milsteinestates
Added: May 12
Changed: Aug 30
Last Checked: Jul 22 at 4:36AM
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 Roque & Mark Company, Inc.
Investment Insights
Based on property information with market context.
This 8-unit apartment property, built in 1967, contains 7,318 square feet of living area on a 7,502-square-foot lot. The unit mix includes three 2-bedroom, 2-bath units; one 1-bedroom unit with a large den and 1 bath; three 1-bedroom, 1-bath units; and one studio. Most apartments feature an individual balcony or patio. The property includes 8 individual parking spaces, with capacity for 11 spaces when arranged in tandem, along with alley access.
The building is fully occupied and located on Mentone Avenue in the Palms area of Los Angeles, north of Venice Boulevard. Restaurants, shopping, and downtown Culver City are nearby, while the property itself is situated on a quiet street. Soft-story retrofitting and balcony inspections have been completed. The property is subject to the City of Los Angeles Rent Stabilization ordinance and is currently offered at an 11.0 GRM and 6.0% CAP rate based on actual rents.
The building is fully occupied and located on Mentone Avenue in the Palms area of Los Angeles, north of Venice Boulevard. Restaurants, shopping, and downtown Culver City are nearby, while the property itself is situated on a quiet street. Soft-story retrofitting and balcony inspections have been completed. The property is subject to the City of Los Angeles Rent Stabilization ordinance and is currently offered at an 11.0 GRM and 6.0% CAP rate based on actual rents.
Key Highlights
- 8‑unit apartment building with 7,318 SF of living area on a 7,502 SF lot
- Unit mix includes three 2 bed/2 bath units, one 1 bed plus den, three 1 bed/1 bath units, and one studio
- Fully occupied with an 11.0 GRM and 6.0% CAP rate based on actual rents
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
5,792
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with varied unit layouts, private outdoor space, parking, and completed seismic and balcony work.
Where is this apartment building located?
The property is located at 3735 Mentone Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: 8‑unit apartment building with 7,318 SF of living area on a 7,502 SF lot; Unit mix includes three 2 bed/2 bath units, one 1 bed plus den, three 1 bed/1 bath units, and one studio; Fully occupied with an 11.0 GRM and 6.0% CAP rate based on actual rents
