Los Angeles, CA 90018,3517 Montclair St
Los Angeles, CA 90018,3517 Montclair St
Los Angeles, CA 90018,3517 Montclair St
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$1,450,000
Est. payment /mo
8 Beds
8 Baths
5,496 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,496 sqft

Price per Sqft $263

MLS Listing ID 25628249

Bedrooms 8

Year Built 1923

Lot Size 0.252 Acres

Acres 0.2525

Property Sub-Type Multi-Family

Property Description

Rare stabilized multi-family opportunity in the heart of the growing West Adams and Jefferson Park corridor. The property consists of eight 1923 bungalow style units positioned around an open courtyard, creating a low density setting that continues to attract long term renters. Listed at a 6.40% CAP rate and supported by a low cost basis of $181,250 per unit and $263/SF, the asset offers both strong in place income and clear upside. The surrounding neighborhood features rapid revitalization, new restaurants, improved transit access, and steady demand driven by its central location near major employment hubs. This combination positions the property as a compelling investment with durablecash flow and future value potential.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR1

Rooms

Other Rooms Shed(s)

Interior

Heating Other

Cooling Other

Equipment None

Exterior

Parking Features None

Building

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Zacuto Group
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

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