3667 Mentone, Los Angeles CA 90034 | $6,295,000

3667 Mentone Avenue, a premier 10-unit multifamily investment opportunity located in the high-demand Palms neighborhood of West Los Angeles. Built in 2019, this contemporary four-story property encompasses approximately 13,152 square feet on a 7,508-square-foot R3-1 zoned lot.The well-designed unit mix includes:* 3 | one-bedroom | one-bath units* 1 | two-bedroom | one-and-a-half bath unit* 1 | one-bedroom | one-bath + loft three-story townhome* 5 | two-bedroom | three-bath + loft three-story townhomesAll residences feature open floor plans, abundant natural light, private decks (with some units offering multiple balconies), in-unit washer and dryer, central A/C and heat, and tankless water heaters. Utilities are individually metered for water, gas, and electricity, minimizing landlord expenses.The building offers 16 gated parking spaces, a common area patio, and an on-site gym with potential for conversion to a studio ADU for additional income. Positioned for both stability and growth, 3667 Mentone Avenue combines strong in-place income with significant rental upside. Its prime location offers convenient access to major freeways (I-10 and I-405) and proximity to Culver City, Santa Monica, Century City, and Westwood making it an exceptional opportunity for investors seeking a high-quality asset in one of West Los Angeles' most transit-connected and desirable submarkets. Notably, the property was constructed in place of a rent-controlled duplex and is therefore subject to Los Angeles Rent Control. 3 UNITS TO BE DELIVERED VACANT AT COE

More Details