1315 Montana Street new

Los Angeles,CA 90026

$ 3000000

- Bed

0 Bath

5152 SqFt


Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 5,152 sqft

Price per Sqft $582

MLS Listing ID CL25540161

HOA Y/N No

Year Built 1960

Lot Size 8,867 Sqft

Acres 0.2

Property Sub-Type Comm Ind For Sale

Property Description

THE OPPORTUNITY: Montana Hillside Apartments is an ideal fit for a long-term investor seeking a pride-of-ownership asset in one of L.A.'s most character-rich and walkable neighborhoods. Located just one block from the vibrant Sunset Blvd corridor and minutes from Dodger Stadium, the property offers unbeatable lifestyle access while maintaining a quiet, elevated residential setting. Eight of the ten units have been thoughtfully renovated with high-end finishes, positioning the asset as best-in-class for mid-century vintage product in Echo Park. With in-place rents still over 20% below market, there's meaningful upside through natural turnover without the risk or complexity of a heavy reposition. This is a rare opportunity to own a stabilized, design-forward building in a supply-constrained enclave that continues to attract strong, long-term tenant demand. THE PROPERTY: Montana Hillside Apartments is a boutique 10-unit mid-century modern apartment building nestled in the hills of Echo Park. Constructed in 1960, this 5,152 square foot property sits on an expansive 8,865 SF LAR1.5-zoned lot, offering a blend of classic architecture and contemporary upgrades. The unit mix comprises a combination of spacious one- and two-bedroom layouts, with eight units extensively renovated to includ

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Exterior

Total Parking Spaces 10

Building

New Construction No

Others

Tax ID 5406011007

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