3344 Mentone Ave 9 Unit Apartment Building $4,020,673 CAD ($446,741 CAD/Unit) 5.34% Cap Rate Los Angeles, CA 90034

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. Apartments at 3338 Mentone Avenue ( 8 units) and 3344 Mentone Avenue (9 units) are being sold together with its own escrow will comprise 17 apartment units with a combined 24 bedrooms and 22 bathrooms for $5,680,000. 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. Opportunity 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, 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.