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11920 Montana Ave Los Angeles, CA 90049
  • Price/Unit $610,000
  • Cap Rate 5.1
  • Zoning LAR3
  • Price/SF $461
  • GRM 13.0
  • Bldg Size 13,244 sq. ft
$6,100,000
  • Status For Sale, Price Improvement
  • Year Built 1963
  • Property Type Multi-family

About This Property

Total Realty Group is proud to present this 13,244 SF building comprised of two VACANT 3 bed/ 2 bath penthouse style units comprising the whole 3rd floor, one VACANT 2 bed/ 2 bath Unit, six 2 bed/ 2 bath units, and one 1 bed/ 1 units. All the units are extremely spacious allowing a savvy investor to maximize the income potential, which is a 28% upside in rent. 80% of the units have been renovated and redone including quartz countertops, walk-in closets, and central AC for the top units.The elevator was updated 3 year ago. Beyond the top value for these beautiful units, there is even more value in its location. It is a short walk to San Vicente and all of the luxury that Brentwood has to offer. This property also features on-site parking, on-site laundry, and the seismic retrofitting has already been completed by the Seller.

Property Details

  • Property Type

    Multi-family

  • Year Built

    1963

  • Status

    For Sale, Price Improvement

  • Price/SF Lot

    $662

  • Building Size 13,244 sq. ft
  • Lot Size 9,218 sq. ft
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