$2,448,000
- UNITS
- 4 Units
- BUILDING
- 3,237 Sq. Ft.
- LOT
- 6,011 Sq. Ft.
- YEAR BUILT
- 1939
- STATUS
- Sold
Trophy Asset! 1902 Montana Ave is a stunning 4-unit apartment building located in one of the nicest pockets of West LA. This property is ideal for any investor or owner-user looking for a highly appreciating asset with very low maintenance. The building is comprised of (1) 2Bed/1Bath, (3) 1Bed/1Bath & a bonus Studio unit collecting $2,195 per month (BTV)! Two units are renovated and one 2Bed/1Bath unit is currently vacant offering immediate upside. Beneficial to the new owner, the property features a newer roof, fresh painting, a charming central courtyard, and electrical and plumbing upgrades. There are also 4 garages (3 vacant) and 5 on-site parking spaces, as well as ample street parking. There is an opportunity to build an ADU in the garages. Walking distance to trendy restaurants, cafes, & retail shops on Montana Avenue and within 1.5 Miles from Santa Monica Beach, 3rd Street Promenade & Palisades Park.
For confidential offering details — including pro forma, in-place rents, current expenses, financing assumptions, and tour scheduling — request the full package below. Most of our transactions are handled discreetly between qualified parties.
