$2,900,000
MLS: 26999229
Beds
12
Baths
12
Sq Ft
6,942
Lot
0.17 ac
Year Built
1958
MLS #
26999229
Days on Market
11
Listed
Oct 9, 2026
Description
We are pleased to present a twelve (12) unit apartment building located at 3726 Mentone Ave in Los Angeles, California. The subject property is located in a prime Palms location, just north of Venice Blvd and east of Overland Ave. Located in prime Palms, this 12-unit multifamily property combines existing income with approximately 40% potential rental upside and possible ADU opportunities. The unit mix comprises one single, nine one-bedroom units, and two two-bedroom units. A soft-story retrofit has been completed, and the property underwent a copper re-pipe in 2005. Residents benefit from on-site laundry, rear tuck-under parking, and front surface parking. Conversion of the tuck-under parking may provide space for multiple ADUs, subject to feasibility and approvals. The property is near the Palms Metro E Line, the 10 and 405 freeways, and major commercial corridors. Downtown Culver City, Media Park, Woodbine Park, and a broad selection of shops and restaurants are also nearby and within reach. With approximately 40% potential rental upside, completed soft story retrofitting, and possible tuck-under parking conversions for ADUs, the property offers a compelling value-add opportunity in prime Palms. ***PLEASE NOTE: Property is part of a 9-building portfolio. Building may be sold individually or as a portfolio.
Location
Los Angeles, Los Angeles County, CA 90034
Open on Google Maps ↗Listed by: Jason Tuvia · Marcus & Millichap
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$22,479
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $290,000 · Loan: $2,610,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $18,071
- Property tax (1.25%)
- $3,021
- Homeowners insurance
- $300
- Mortgage insurance
- $1,088
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $101,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90034 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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