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3820 Mentone Avenue Culver City, CA 90232
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Key Details
Sold Price $3,001,400
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 7,060 sqft
Price per Sqft $425
MLS Listing ID CL23320271
Sold Date 01/02/24
HOA Y/N No
Year Built 1969
Lot Size 7,969 Sqft
Acres 0.18
Property Description
100% Occupied! 10 unit apartment building in a vibrant Westside Palms neighborhood, nestled conveniently between Culver City, Sony studios, Mar Vista, and West LA. Excellent unit mix consisting of (2) 2 bed + 1 bath, (7) 1 bed + 1 bath, and (1) Studio unit. Most units have a patio or balcony. Gated entry. Amazing parking with 11 individual spaces and 14 spaces total if used as tandem. Soft-story retrofit has been completed!! Only 14.8 GRM and $310,000/unit with current rents! Rents are actual. Subject to City of Los Angeles Rent Stabilization. Over 20% upside rent potential.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dryer
Laundry Community Facility, Dryer, Washer
Exterior
Utilities Available Other Water/Sewer
Parking Type Other
Building
Water Other
New Construction No
Others
Tax ID 4208007004
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Bought with DavidSchuchman