11920 Montana Avenue Pending

Los Angeles,CA 90049

$ 5375000

- Bed

0 Bath

13244 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 13,244 sqft

Price per Sqft $405

MLS Listing ID CL24376837

HOA Y/N No

Year Built 1963

Lot Size 9,218 Sqft

Acres 0.21

Property Description

Major price improvement $5,375,000! Generational Asset in Prime Brentwood! We are proud to present this 13,244 SF building comprised of two 3 bed/ 2 bath penthouse style units comprising the whole 3rd floor, Seven - 2 bed/ 2 bath units, and One - 1 bed/ 1 Bath units. Two of the 2Bed/2Bath units will be delivered vacant at Close of Escrow. All the units are extremely spacious allowing a savvy investor to maximize the income potential. 80% of the units have been renovated and redone including quartz countertops, and walk-in closets. 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 amenities 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. Units have received the allowable rental increases in February of 2024. *Drive by only! Do not disturb the tenants*

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Fireplace No

Laundry Community Facility

Exterior

View Y/N true

View Golf Course

Parking Type Other

Building

New Construction No

Others

Tax ID 4265019026

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