MarketPier

3314 MENTONE Avenue - Los Angeles, CA 90034

$3,149,000
Listing Description

Prime location in Palms, National Blvd. & Mentone. Near restaurants, shopping center on National, close to 10 FWY. Excellent investment opportunity. Nine units, with great curb appeal. Laundry room on site and gated security entry. Large upside potential on rent. All large units. Units will be shown on accepted offer only. Seismic Retrofit plans are submitted to LA County, pending approval.

Listing Information
MLS Number
19422820
APN/Parcel ID
4314022035
Type
Multifamily
Sub Type
Multifamily
Building Size
7,191 sqft
Lot Size
7,500 sqft
Price / SQFT
$438
No Units
9
Price / Unit
$349,889
Gross Income
$163,272
Total Expenses
$58,019
Net Income
$105,253
Rent Multiplier
19.29
Cap Rate
3.34%
Listing Date
1/11/2019
Days Active
5
Last Updated
1/16/2019
Listing Provided By
Seyed Miri
Century 21 Beverlywood Realty
BRE# 01823564

Thank You

An email has been sent. Someone will be in touch soon!

Contact Agent

Please Complete All Required Fields.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or with the appropriate professionals.