3667 Mentone Ave 3667 Mentone Ave 10 Unit Apartment Building $8,787,317 CAD ($878,732 CAD/Unit) 5.15% Cap Rate Los Angeles, CA 90034

True North CRE of Compass Commercial is pleased to present 3667 Mentone Avenue, a premier 10-unit multifamily investment opportunity located in the high-demand Palms neighborhood of West Los Angeles. Built in 2019, this contemporary four-story property encompasses approximately 13,152 square feet on a 7,508-square-foot R3-1 zoned lot.

The well-designed unit mix includes:
• 3 | one-bedroom | one-bath units
• 1 | two-bedroom | one-and-a-half bath unit
• 1 | one-bedroom | one-bath + loft three-story townhome
• 5 | two-bedroom | three-bath + loft three-story townhomes

All residences feature open floor plans, abundant natural light, private decks (with some units offering multiple balconies), in-unit washer and dryer, central A/C and heat, and tankless water heaters. Utilities are individually metered for water, gas, and electricity, minimizing landlord expenses.

The building offers 16 gated parking spaces, a common area patio, and an on-site gym with potential for conversion to a studio ADU for additional income. Positioned for both stability and growth, 3667 Mentone Avenue combines strong in-place income with significant rental upside. Its prime location offers convenient access to major freeways (I-10 and I-405) and proximity to Culver City, Santa Monica, Century City, and Westwood—making it an exceptional opportunity for investors seeking a high-quality asset in one of West Los Angeles’ most transit-connected and desirable submarkets. Notably, the property was constructed in place of a rent-controlled duplex and is therefore subject to Los Angeles Rent Control.