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Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23076222
Sold Date 08/14/23
Bedrooms 5
HOA Y/N No
Lot Size 7,051 Sqft
Property Description
Trophy Asset! 2816 Montana Ave is a stunning 5 unit apartment building located in one of the nicest pockets of West LA- right across the street from the Brentwood Country Club! This property is ideal for any investor looking a highly appreciating asset with very low maintenance. Montana Ave is comprised of (1) 2Bed/1Bath & (4) 1Bed/1Bath units. Two 1Bed+1Bath units are currently tenant-ready offering immediate upside. Beneficial to the new owner, the property features brand new landscaping and exterior paint. Also, there are 4 garages located in the back of the building, as well as ample street parking. There is an opportunity to build ADUs on top of the back unit for added income. The subject property is only minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel and many more developments. With an A+ location and ideal curb appeal, 2816 Montana Ave is the perfect investment for anyone looking for a prime asset.
Trophy Asset! 2816 Montana Ave is a stunning 5 unit apartment building located in one of the nicest pockets of West LA- right across the street from the Brentwood Country Club! This property is ideal for any investor looking a highly appreciating asset with very low maintenance. Montana Ave is comprised of (1) 2Bed/1Bath & (4) 1Bed/1Bath units. Two 1Bed+1Bath units are currently tenant-ready offering immediate upside. Beneficial to the new owner, the property features brand new landscaping and exterior paint. Also, there are 4 garages located in the back of the building, as well as ample street parking. There is an opportunity to build ADUs on top of the back unit for added income. The subject property is only minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel and many more developments. With an A+ location and ideal curb appeal, 2816 Montana Ave is the perfect investment for anyone looking for a prime asset.
Location
State CA
County Los Angeles
Area Santa Monica (90403)
Zoning Assessor
Building
Story 2
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,367
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "