Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
13
$2,550,000
$2,675,000
4.7%
Est.Price: ?

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5 BD
4 BA
6,011 Sqft Lot

1902 Montana Avenue Santa Monica, CA 90403

Est. payment /mo
SOLD DATE : 03/07/2024

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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

Bedrooms 5

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

Others

Acceptable Financing Cash

Space Rent $3,995

Listing Terms Cash

Read Less


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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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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