$3,295,000
3854 Mentone Avenue, Culver City CA 90232
Multi-Family (16 Units)
Property type
22 days
On market
$523
Price per sqft
N/A
Garage
1957
Year built
7,658 sqft
Lot size
Open Houses
Overview
LAR4 Zoning! Clean, professionally managed 16 unit building. Property is located in a prime location in Los Angeles, on the border of Los Angeles and Culver City. Great development potential with LAR4 zoning (Buyer to verify). Composed of (4) Bachelors, (6) Studios and (6) One Bedrooms. Property will be delivered with 3 vacancies at the end of May. Fully rented, $25,412 per...
Listing provided by: Sari Gassner DRE #01052002 818-744-3132, Coral Tree Real Estate Service, Roger Fenton DRE #00780816 310-749-7858, Roger Fenton
Listing updated: May 22, 2026 at 07:20am.
Last checked: Jun 5, 2026 at 08:30am
Source: CRMLS #26752401
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 1 | 1 | — | $1,850 | $122,424 | $2,200 | Unfurnished |
| 6 | 0 | 1 | — | $1,700 | $97,260 | $1,900 | Unfurnished |
| 4 | 0 | 1 | — | $1,300 | $32,124 | $1,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 16
Disposal: 16
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.0x
List Price / Annual Gross Rent
Cap Rate
3.57%
NOI / List Price
Net Operating Income: $117,598
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Disposal, Dryer, Washer
Fireplace: None
Laundry: Common Area, Laundry Room, Dryer Included, Washer Included
Accessibility: None
Exterior
Property Attached: Yes
Stories Total: 2
Levels: One
Common Walls: One Common Wall
Security Features: Gated Community
Water Source: Public
Sewer: Other
View: None
Garage and Parking
Parking: Attached Carport
Garage: Attached
Carport Spaces: 12
Parking Total: 12
Lot Information
Land Lease: No
Parcel #: 4208007010
Additional Parcels: No
Zoning: LAR4
Lot Size Dimensions: 50x153
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 3854 Mentone Avenue, Culver City, CA 90232. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,636,000
Total Interest
$3,362,073
Total Payment
$5,998,073
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,244
per month
Property History for 3854 Mentone Avenue
Culver City Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90232.
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