Date
Details
Price
Change
Source
8/07/2026
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$2,700,000
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Property Description
Kidder Mathews is pleased to present 3722 Mentone Ave, a well-maintained 9-unit apartment building situated in the heart of the Palms neighborhood, one of the most centrally located and tightly held rental submarkets on the Westside. The property delivers strong in-place income at a 5.78% going-in cap rate while offering a clear and executable path to a 7.13% market cap rate as below-market units naturally turn over, presenting a rare combination of reliable day-one cash flow and meaningful long-term upside. || The building offers a diverse and desirable unit mix of 1 (Studio/1BA), 4 (1BD/1BA), 3 (2BD/1BA), and 1 (3BD/2BA) across two stories, appealing to Palms' broad renter base of young professionals, couples, and shared households. The property has been consistently well maintained under long-term ownership with strong management in place, reflecting a pride of ownership that is evident throughout the asset and contributing to historically stable occupancy and low tenant turnover. || The property currently has one vacancy, and projected gross rents of $19,430 per month reflect a realistic stabilized income figure once the unit is leased. Approximately 23% in NOI upside remains available as remaining below-market units are brought to market rate through turnover and renovation over time. || Centrally positioned with walkable access to neighborhood dining, retail, parks, beaches, and the Metro E Line, the property offers exceptional connectivity to Culver City, Mar Vista, Mid-City, Santa Monica, and the broader Westside employment base, including major tech and entertainment employers. Residents also benefit from proximity to Sony Pictures Studios, Culver Center Shopping Mall, Veterans Memorial Park, and the weekly Palms Farmers Market, creating a dynamic and highly sought-after residential environment. || For investors looking to establish or grow a Westside multifamily portfolio, 3722 Mentone Ave represents a compelling opportunity to acquire a well-positioned, cash-flowing asset with genuine upside remaining in one of Los Angeles' most desirable and supply-constrained submarkets.
Full Property Details
Full Property Details for 3722 Mentone Ave
General
- Price: $2,700,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26870057
- Updated: 8/7/2026
- Added to Site: 11 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Area, Primary Bedroom, Patio Open, Walk-In Closet, Entry, Studio
- Interior Features: Mirrored Closet Door(s), Recessed Lighting, Common Walls, Beamed Ceiling(s), Living Room Balcony, Turnkey
- Cooking Appliances: Microwave, Oven, Range, Free Standing Gas, Gas, Range Hood
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 10
- Bathroom Features: Shower Over Tub, Tile, Remodeled
Bedrooms
- Total Bedrooms: 13
Other Rooms
- Laundry: Laundry Area, Room
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Exterior
- Deck/Patio: Balcony, Open Patio
Parking
- Covered Spaces: 6
- Garage Description: Covered Parking, Assigned
Location
- Area: Palms - Mar Vista
- County: Los Angeles
- Driving Directions: Nestled in the heart of the Palms neighborhood, this property offers exceptional access to Culver City, Mar Vista, and West Los Angeles, with walkable dining, retail, parks, and the Metro E Line just minutes away.
Heating & Cooling
- Cooling Type: Wall Unit(s), Air Conditioning, Ceiling Fan
- Heating Type: Wall
Utilities
- Sewer: In Connected and Paid
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Mid-Century
- Exterior Const.: Stucco
- Roof: Flat
- Windows: Vertical Blinds, Window Blinds, Screens
- Entry Location: Ground Level w/steps
- Stories/Levels: 2
- Square Feet: 7,532
- Sq. Ft. Source: Title Company
- Year Built: 1957
- Year Built Source: Vendor Enhanced
- Other Struct. Feat.: Balcony, Sliding Glass Doors
Unit Information
- Units in Complex: 9
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 2
- Bedrooms: 3
Unit 6
- Total Bathrooms: 1
Unit 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
- Bedrooms: 2
Unit 9
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size: 7502
- Lot Size Source: Vendor Enhanced
- Lot Features: City, Near Public Transit, Park Nearby
- Zoning: LAR3
- Lot Description: Single Lot, Lot Shape-Rectangular, Level/Flat Lot, Sidewalks, Curbs, Street Lighting, Street Paved, Landscaped
Financial Considerations
- Price Per Sq. Ft.: $358.47
- Assessment Year: 1957
- Owner Pays: Water, Gardener
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4314-003-005
Listed by Kidder Mathews of California, Inc., Scott Rosenberg
We Value Your Privacy
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Listing agent
— 3722 Mentone Ave —
Scott Rosenberg
Kidder Mathews of California, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3722 Mentone Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Palms Elementary School, Los Angeles, CA 3520 Motor Avenue, Los Angeles, CA 90034 | K-5 | 0.3 mi |
Palms Middle School 10860 Woodbine Street, Los Angeles, CA 90034 | 6-8 | 0.6 mi |
Alexander Hamilton Senior High School 2955 South Robertson Boulevard, Los Angeles, CA 90034 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3722 Mentone Ave
Tax History
Tax History for 3722 Mentone Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,811
3%
$1,129,312
4%
2023
$14,321
5%
$1,085,461
2%
2022
$13,698
1%
$1,064,178
2%
2021
$13,496
-1%
$1,043,313
1%
2020
$13,620
4%
$1,032,616
2%
2019
$13,116
1%
$1,012,369
2%
2018
$12,973
2%
$992,520
2%
2017
$12,666
3%
$973,060
2%
2016
$12,314
1%
$953,982
2%
2015
$12,145
-1%
$939,653
2%
2014
$12,239
—
$921,248
—
2013
$12,224
—
$917,086
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3722 Mentone Ave
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- Single Family
- Active
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- Commercial Multi-Family
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- Single Family
- Closed
- 4Beds
- 4Total Baths
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Listed by Joel Newton (CalRE#: 01225388)
3722 Mentone Ave, Los Angeles, CA 90034 (MLS# 26870057) is a Multi-Family property with units containing 13 bedrooms and 0 full bathrooms. 3722 Mentone Ave is currently listed for $2,700,000 and was received on August 07, 2026. Want to learn more about 3722 Mentone Ave? Do you have questions about finding other Multi-Family real estate for sale in Mar Vista? You can browse all Mar Vista real estate or contact a Coldwell Banker agent to request more information.