Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
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$2,550,000

$2,675,000

4.7%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

6,011 Sqft Lot


SOLD DATE : 03/07/2024

Key Details

Sold Price $2,550,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24008645

Sold Date 03/07/24

Bedrooms 5

HOA Y/N No

Lot Size 6,011 Sqft

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Santa Monica (90403)

Zoning Public Rec

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash

Space Rent $3,995

Listing Terms Cash

Financing Cash

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