Request More Info
Schedule a Showing
Share
Print
|
This 9-unit multifamily investment is located immediately adjacent to Culver City in the highly desirable Palms submarket of West Los Angeles. Built in 1969, the property remains largely in original condition, offering new ownership a clear, straightforward value-add strategy. The unit mix includes two studios, two one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, three two-bedroom/one-and-one-half-bathroom units, and one three-bedroom/two-bathroom unit. One two-bedroom unit is currently vacant, giving buyers an immediate opportunity to renovate and reset rent to market. Current in-place rents trail underwritten market rents by a meaningful margin, representing embedded upside that can be captured over time through natural tenant turnover and a cohesive renovation program, without disrupting existing occupancy. The asset is being offered free and clear. Location is a core driver of this opportunity. The property sits just steps from Culver City and Sony Pictures Studios, and roughly a seven-minute walk from the Palms Metro E Line Station, offering car-free access to Downtown Culver City, Santa Monica, and Downtown Los Angeles. Residents also benefit from proximity to Apple's expanding Culver City campus, Amazon MGM Studios, and destination developments like Ivy Station, Culver Steps, and The Platform all contributing to strong, durable rental demand from a well-compensated tenant base in one of LA's premier live-work-play submarkets. The immediate Palms submarket continues to see healthy investor demand for well-located value-add product, supported by strong comparable rents for renovated one- and two-bedroom units in the surrounding area.3747 Mentone Avenue offers investors a rare combination of an irreplaceable West LA location, genuine value-add upside, and a straightforward path to stabilized returns an ideal acquisition for buyers seeking long-term appreciation in a supply-constrained submarket.
Property Type(s):
Residential Income
| Last Updated | 9/9/2026 | Year Built | 1969 |
|---|---|---|---|
| Community | C13 - Palms - Mar Vista | County | Los Angeles |
Additional Details
| AREA | C13 - Palms - Mar Vista |
|---|---|
| HEAT | None |
| LOT | 7501 sq ft |
| LOT DIMENSIONS | 7502 |
| PARKING | Covered |
| STORIES | 2 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with NorthMarq Realty Services, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email