3636 Mentone Avenue

Los Angeles, CA 90034

$3,100,000
Price
10
Beds
8
Baths
6,774 Sq. Ft.
$458 / Sq. Ft.
6,774
Sq. Ft.
$458
per Sq. Ft.

Description

This 8-unit multi-family property is located in the highly sought-after Palms area, offering an incredible opportunity to own an appreciating property in a vibrant and upcoming neighborhood. The units feature a mix of spacious 1- and 2-bedroom layouts, some renovated with sleek granite countertops, new cabinetry, and stylishly remodeled bathrooms. Hardwood floors and recessed lighting enhance the light and airy interiors, creating a comfortable and inviting atmosphere. Nestled between vibrant Venice...This 8-unit multi-family property is located in the highly sought-after Palms area, offering an incredible opportunity to own an appreciating property in a vibrant and upcoming neighborhood. The units feature a mix of spacious 1- and 2-bedroom layouts, some renovated with sleek granite countertops, new cabinetry, and stylishly remodeled bathrooms. Hardwood floors and recessed lighting enhance the light and airy interiors, creating a comfortable and inviting atmosphere. Nestled between vibrant Venice Blvd and Palms Blvd, the property is just a short stroll from the bustling shops, cafes, and restaurants of Downtown Culver City, known for its lively nightlife, cultural attractions, and entertainment options. This prime location attracts professionals and families alike, ensuring high rental demand and long-term appreciation. On-site amenities include convenient laundry facilities and easy access to public transportation and major freeways, making it an ideal choice for residents seeking both convenience and comfort. With its blend of upgrades, charm, and unbeatable location, this property is a rare opportunity for investors looking to maximize value and long-term returns in one of LA's most desirable neighborhoods.
  1. Listed by Sam Collins • DRE #02057606 • Brokerage DRE #01013548 • Carolwood Estates
  2. Listed by David Parnes • DRE #01905862 • Brokerage DRE #01013548 • Carolwood Estates

Property Details for 3636 Mentone Avenue

Zoning
LAR3
Style
Contemporary
Parcel Number
4314008014
Total Units
8.0
Living Area
6774
Source Living Area
Vendor Enhanced
Area
Palms - Mar Vista (C13)
Vacancy Rate
0
LISTING UPDATED: 10/25/2024 12:01 AM

Property Details for 3636 Mentone Avenue

StatusActive
MLS #24-453897
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.17 AC / 7,502 SF
CountyLos Angeles County

Building Information for 3636 Mentone Avenue

Stories2Residences-Year Built1957Building Size-Lot Size0.17 AC / 7,502 SF

Property Information for 3636 Mentone Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2
  • Property Condition: Repair Cosmetic
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $205,845
  • Net Operating Income: $142,033.00
  • Gross Income: $204,645
  • Gross Rent Multiplier: $15.14
  • Total Annual Expense: 63811
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Alley: Yes
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7502
Parking Details
Parking Details
  • Parking Garage: Carport, Shared Driveway
  • Total Parking: 8
  • Carport Spaces Total: 6
  • Parking Features: Carport, Shared Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Cooking Appliances: Cooktop - Gas
  • Laundry: Community, Laundry Area
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-18-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,913.00
  • Unit Actual Rent: $9,565.00
  • Unit Projected Rent: $13,750.00
  • Like Units: 5
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,496.00
  • Unit Actual Rent: $7,488.00
  • Unit Projected Rent: $9,000.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $191,967.00
  • Assessed Improvement Percent: 66.48
  • Assessed Land Value: $96,778.00
  • Assessed Land Percent: 33.52
  • Assessed Total Value: $288,745.00

Property History for 3636 Mentone Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3636 Mentone Avenue

Taxable ValueLand$98,713Additions$195,806Total$294,519
Tax Record2024$4,769 ($397 / month)
Home Facts
Total Finished SqFt6,774 SqFtAbove Grade Finished SqFt6,774 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLAR3CountyLOS ANGELESAPN4314-008-014

Schools near 3636 Mentone Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Palms Elementary School
PublicK to 5

Palms Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3636 Mentone Avenue is a multi-family home for sale in Los Angeles, CA 90034. This property was listed for sale on October 17, 2024 by Carolwood Estates, it's currently listed at $3,100,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Palms Elementary School, Palms Middle School and Alexander Hamilton Senior High School. 3636 Mentone Avenue is a 10-bed, 8-bath, 6,774 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Carolwood Estates, Sam Collins, DRE #02057606; Carolwood Estates, David Parnes, DRE #01905862

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.