3344 Mentone Avenue, Los Angeles, CA 90034

$5,680,000 Approx. USD 11 beds, 11 baths
7,434 sqft

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Brochure

Photo of Jimmy Rashid

Marketed By Jimmy Rashid REALTOR® - Sales Associate 424-209-9129 m
818-223-9100 o
Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
Phone: 818-223-9100
Fax: 818-876-3100

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Agent Remarks

Investor, developers and land bankers! RARE PALMS APARTMENT PORTFOLIO & DEVELOPMENT ASSEMBLAGE OPPORTUNITY! A truly exceptional opportunity to acquire two contiguous multifamily properties in the heart of Palms neighborhood of West Los Angeles, with the potential to acquire a third adjacent parcel and create a rare three-lot development assemblage. 3338 Mentone Avenue (MLS#26846665) and 3344 Mentone Avenue (MLS# 26846653) are offered together and comprise 17 apartment units with a combined 24 bedrooms and 22 bathrooms. Together, the properties represent a substantial multifamily investment in one of the Westside's strongest rental markets. Adding to the uniqueness of the offering, ownership may have the ability to include the neighboring property at 3332 Mentone Avenue, creating three consecutive parcels with more than 22,000 square feet of combined land area. Opportunities to control three side-by-side apartment lots in Prime Palms are extraordinarily rare and increasingly difficult to replicate. Located within a premier multifamily corridor near Culver City, Century City, UCLA, Silicon Beach, Downtown Culver City, and the Metro E Line, the properties benefit from strong rental demand, exceptional walkability, and long-term redevelopment appeal. Please do not disturb tenants.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26846653

Price: $5,680,000

Beds: 11

Baths: 11

Built in 1966

7,434 sqft

2 stories

0.17 acres

Lot size: 0.1722