$2,405,000
$2,550,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 02/13/2025
Key Details
Sold Price $2,405,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24162320
Sold Date 02/13/25
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Venice Blvd and Mentone
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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Bought with Warren Berzack Lee & Associates
