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3676 Mentone Ave
Los Angeles, CA 90034
Mentone Apartments · Multifamily Property For Sale
·
9 Units
Investment Highlights
- EXCELLENT VALUE-ADD OPPORTUNITY - Built in 1987, investors can grow revenue 20% by upgrading the interiors and common areas.
- DESIRABLE LARGE FLOOR PLANS – The Property includes majority two-bedroom floor plans with all of those units being townhome-style.
- HOME PRICING IN THE IMMEDIATE AREA PUTS OWNERSHIP OUT OF REACH
- STABLE CASH FLOWS WITH 100% COLLECTIONS
- RAPID URBANIZATION OF THE PALMS SUBMARKET – Google, Apple, Tesla, and Amazon are just a few of the companies that have signed major leases.
- $5B OF DEVELOPMENT ELEVATING THE MARKET -Over $5B of world class development in creative office, industrial and retail surrounds the Property.
Property Facts
| No. Units | 9 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 7,827 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.53/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,827 SF |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
- Gated
- Online Services
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,838 | 600 |
| 2+2 | 6 | $2,300 | 950 |
Property Taxes
| Parcel Number | 4314-008-041 | Improvements Assessment | $1,163,613 |
| Land Assessment | $2,814,322 | Total Assessment | $3,977,935 |
Property Taxes
Parcel Number
4314-008-041
Land Assessment
$2,814,322
Improvements Assessment
$1,163,613
Total Assessment
$3,977,935
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