3747 Mentone Ave , Los Angeles, CA 90034
$2,500,000
Est. Payment: $13,351.75/mo
8 Bed
6 Bath
7283 Sqft
Status: Active | Days on site: 8
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CLW-X83311 - CLW-C121733
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House Description

This 9-unit multifamily investment is located immediately adjacent to Culver City in the highly desirable Palms submarket of West Los Angeles. Built in 1969, the property remains largely in original condition, offering new ownership a clear, straightforward value-add strategy. The unit mix includes two studios, two one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, three two-bedroom/one-and-one-half-bathroom units, and one three-bedroom/two-bathroom unit. One two-bedroom unit is currently vacant, giving buyers an immediate opportunity to renovate and reset rent to market. Current in-place rents trail underwritten market rents by a meaningful margin, representing embedded upside that can be captured over time through natural tenant turnover and a cohesive renovation program, without disrupting existing occupancy. The asset is being offered free and clear. Location is a core driver of this opportunity. The property sits just steps from Culver City and Sony Pictures Studios, and roughly a seven-minute walk from the Palms Metro E Line Station, offering car-free access to Downtown Culver City, Santa Monica, and Downtown Los Angeles. Residents also benefit from proximity to Apple's expanding Culver City campus, Amazon MGM Studios, and destination developments like Ivy Station, Culver Steps, and The Platform all contributing to strong, durable rental demand from a well-compensated tenant base in one of LA's premier live-work-play submarkets. The immediate Palms submarket continues to see healthy investor demand for well-located value-add product, supported by strong comparable rents for renovated one- and two-bedroom units in the surrounding area.3747 Mentone Avenue offers investors a rare combination of an irreplaceable West LA location, genuine value-add upside, and a straightforward path to stabilized returns an ideal acquisition for buyers seeking long-term appreciation in a supply-constrained submarket.

Highlights

Listed by Elliot Hassan , 310-488-7226 NorthMarq Realty Services, Inc. , 949-717-5200. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1969

County

Los Angeles

Area

C13 - Palms - Mar Vista

Listing ID

26986369

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:6
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LAR3
Others:
  • Additional:2+ Total Units
Parking Features:Covered
Principal Interest
$13,352
Taxes
$1,594

Home Price

$2,500,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,351.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,351.75 $1,593.75 $0.00 $14,945.50
Yearly $160,221.00 $19,125.00 $0.00 $179,346.00
Total $4,806,629.91 $573,750.00 $0.00 $5,380,379.91

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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