Bought with Robert Sillman • Lyon Stahl Investment Real Estate, Inc.
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1902 Montana AVE Santa Monica, CA 90403
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Key Details
Sold Price $2,550,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB24008645
Sold Date 03/07/24
Year Built 1939
Lot Size 6,011 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Laundry In Garage
Exterior
Garage Spaces 9.0
Pool None
Building
Water District - Public
Others
Tax ID 4277006014
Special Listing Condition Not Applicable
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