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3722 Mentone Avenue

Los Angeles, CA 90034
Mark as Favorite
Bed 13

Bed

Bath 10

Bath

SqFt7,532

Sqft

SqFt7,502

Sqft(Lot)

Kidder Mathews is pleased to present 3722 Mentone Ave, a well-maintained 9-unit apartment building situated in the heart of the Palms neighborhood, one of the most centrally located and tightly held rental submarkets on the Westside. The property delivers strong in-place income at a 5.78% going-in cap rate while offering a clear and executable path to a 7.13% market cap rate as below-market units naturally turn over, presenting a rare combination of reliable day-one cash flow and meaningful long-term upside. || The building offers a diverse and desirable unit mix of 1 (Studio/1BA), 4 (1BD/1BA), 3 (2BD/1BA), and 1 (3BD/2BA) across two stories, appealing to Palms' broad renter base of young professionals, couples, and shared households. The property has been consistently well maintained unde r long-term ownership with strong management in place, reflecting a pride of ownership that is evident throughout the asset and contributing to historically stable occupancy and low tenant turnover. || The property currently has one vacancy, and projected gross rents of $19,430 per month reflect a realistic stabilized income figure once the unit is leased. Approximately 23% in NOI upside remains available as remaining below-market units are brought to market rate through turnover and renovation over time. || Centrally positioned with walkable access to neighborhood dining, retail, parks, beaches, and the Metro E Line, the property offers exceptional connectivity to Culver City, Mar Vista, Mid-City, Santa Monica, and the broader Westside employment base, including major tech and entertainment employers. Residents also benefit from proximity to Sony Pictures Studios, Culver Center Shopping Mall, Veterans Memorial Park, and the weekly Palms Farmers Market, creating a dynamic and highly sought-after residential environment. || For investors looking to establish or grow a Westside multifamily portfolio, 3722 Mentone Ave represents a compelling opportunity to acquire a well-positioned, cash-flowing asset with genuine upside remaining in one of Los Angeles' most desirable and supply-constrained submarkets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,700,000

AD Id : 89244126

MLS Id : 26870057

Beds : 13

Lot Size : 7,502 Sqft

Living Area Size : 7,532

Year Built : 1957

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 10

    Flooring Information

    Wood
  • Interior Features

    BeamedCeilings, Balcony, CeilingFans, RecessedLighting, WalkInClosets
    Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, RangeHood, Dryer, Washer
    Laundry Features: LaundryRoom
    Window Features: Blinds, Screens
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1957
    Building Area Total: 7532
    Construction Materials: Stucco
    Stories: 2
    Patio And Porch Features: Open, Patio
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 7502 Lot Size Acres: 0.1722 Lot Size Square Feet: 7,502 Lot Description: Landscaped,RectangularLot

  • Listing Price Information

    Listing Price: $2700000

  • Tax Information

    Parcel Number: 4314003005

  • Location Information

    Direction: Nestled in the heart of the Palms neighborhood, this property offers exceptional access to Culver City, Mar Vista, and West Los Angeles, with walkable dining, retail, parks, and the Metro E Line just minutes away.
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Nearby Home Value

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6060 Cadillac Avenue, Los Angeles, CA, 90034 $1,800,000 8 8 5,640 5,640 SqFt
2015 Chariton, Los Angeles, CA, 90034 $3,375,000 3 3 --
1938 S Corning Street, Los Angeles, CA, 90034 $3,950,000 -- -- 16,072 16,072 SqFt
8664 Cadillac Avenue, Los Angeles, CA, 90034 $2,395,000 7 7 3,156 3,156 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 12:42

MLS: 26870057 LISTED BY: Scott Rosenberg, Kidder Mathews of California, Inc. 310-807-0880 SOURCE: CRMLS

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