Investor, developers and land bankers! RARE PALMS APARTMENT PORTFOLIO & DEVELOPMENT ASSEMBLAGE OPPORTUNITY! A truly exceptional opportunity to acquire two contiguous multifamily properties in the heart of Palms neighborhood of West Los Angeles, with the potential to acquire a third adjacent parcel and create a rare three-lot development assemblage. 3338 Mentone Avenue (MLS#26846665) and 3344 Mentone Avenue (MLS# 26846653) are offered together and comprise 17 apartment units with a combined 24 bedrooms and 22 bathrooms. Together, the properties represent a substantial multifamily investment in one of the Westside's strongest rental markets. Adding to the uniqueness of the offering, ownership may have the ability to include the neighboring property at 3332 Mentone Avenue, creating three consecutive parcels with more than 22,000 square feet of combined land area. Opportunities to control three side-by-side apartment lots in Prime Palms are extraordinarily rare and increasingly difficult to replicate. Located within a premier multifamily corridor near Culver City, Century City, UCLA, Silicon Beach, Downtown Culver City, and the Metro E Line, the properties benefit from strong rental demand, exceptional walkability, and long-term redevelopment appeal. Please do not disturb tenants.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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