27
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$3,000,000
Est. payment /mo
5,152 SqFt
Pending
1315 Montana Street Los Angeles, CA 90026
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,152 sqft
Price per Sqft $582
MLS Listing ID CL25546917
HOA Y/N No
Year Built 1960
Lot Size 8,867 Sqft
Acres 0.2
Property Sub-Type Other
Property Description
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. 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 include quartz
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area
Exterior
View Y/N true
View City Lights, Hills
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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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289