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$ 3,000,000
Est. payment | /mo
5,152 SqFt
$ 3,000,000
Est. payment | /mo
5,152 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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Listed by Mark Ventre • Lyon Stahl Investment Real Estate, Inc.
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447