3722 Mentone Avenue, Los Angeles, CA 90034

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
3722 Mentone Avenue,Los Angeles, CA 90034
$2,495,000
  • 13 Beds
  • 10 Baths
  • 7,532 sq. ft.
  • Multi-family
  • Active
Listed by: scott rosenberg
Office: kidder mathews of california, inc.310-807-0880
MLS#:26870057
Source:CRMLS

Price summary

  • Price:$2,495,000
  • Price per sq. ft.:$331.25

About this home

Our team 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 6.36% going-in cap rate while offering a clear and executable path to a 7.81% 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 under 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...

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Home facts

  • Year built:1957
  • Listing ID #:26870057
  • Added:92 day(s) ago
  • Updated:November 08, 2026 at 12:29 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:10
  • Flooring:Wood
  • Kitchen Description:Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator
  • Living area:7,532 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1957
  • Building area:7,532 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Landscaped, Rectangular Lot
  • Architectural Style:Mid Century Modern
  • Construction Materials:Stucco
  • Exterior Features:Open, Patio
  • Levels:2 Story

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$2,495,000
  • Price per sq. ft.:$331.25

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Balcony, Beamed Ceilings, Ceiling Fans, Recessed Lighting, Walk In Closets

Parking

  • Total parking spaces:6
  • Parking description:Assigned, Covered
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