Santa Monica, CA 90403,2816 Montana Avenue
Santa Monica, CA 90403,2816 Montana Avenue
Santa Monica, CA 90403,2816 Montana Avenue
Santa Monica, CA 90403,2816 Montana Avenue
Santa Monica, CA 90403,2816 Montana Avenue
Santa Monica, CA 90403,2816 Montana Avenue
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$2,300,000

$2,375,000

3.2%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

7,051 Sqft Lot


SOLD DATE : 08/14/2023

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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San Diego Regional MLS (SDMLS)
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
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