3836 Mentone Avenue, Culver City, CA 90232
- $2,405,000
- Sold Price
- $2,405,000
- List Price
- $2,550,000
- Closing Date
- Feb 13, 2025
- Status
- CLOSED
- MLS#
- SR24162320
- Year Built
- 1962
- Lot Size
- 7,652
- Acres
- 0.18
- Lot Location
- Landscaped, Near Public Transit, Rectangular Lot
- Days on Market
- 150
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
The Mentone Apartments are a well maintained rent controlled property located in the City of Los Angeles right on the border of Culver City (and has a Culver City Zip Code). This property presents an astute investor a reposition opportunity as there is approximately 20% upside in rents. Additionally, there is a 2-car garage that can potentially be converted into an ADU. Soft-story retrofit requirement has been completed.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $203,593
- Operating Expense
- 82378
Listing courtesy of Listing Agent: Warren Berzack (wberzack@lee-re.com) from Listing Office: Lee & Associates.
Listing sold by Warren Berzack from Lee & Associates
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.