12324 Montana Ave | Los Angeles, CA 90049
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This Multifamily Property is no longer advertised on LoopNet.com.
12324 Montana Ave
Los Angeles, CA 90049
Multifamily Property For Sale
·
10 Units

INVESTMENT HIGHLIGHTS
- Court date is set for March 1, 2023 @9:30AM. Opening Bid will be $5.4MM. 100K Bidding Increments
- 10-Unit Mid-Century Modern building in prime Brentwood with distinctive Butterfly-Roof feature designed by architect Alfred T. Wilkes
- Unit interiors include towering cathedral-like ceilings with floor to ceiling glass, cantilever wrap-around balconies, large stone fireplaces
- $442/SF!! Current Cap 4.14 / Market Cap 6.24 | Current GRM 15.38 / Market GRM 11.42
- Adjacent to Brentwood Country Club. Each unit feels like a home, averaging 1,200+ SF.
- Black slate/tile floors, spacious balconies and patios and hardwood floors. Huge Rental Upside!
PROPERTY FACTS
| No. Units | 10 | Building Size | 12,209 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 0.82/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | LAR3 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 12,209 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 0.82/1,000 SF |
| Zoning | LAR3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $4,271 | - |
| 2+2 | 8 | $9,785 | - |
LINKS
PROPERTY TAXES
| Parcel Number | 4264-015-012 | Improvements Assessment | $3,849,480 |
| Land Assessment | $2,496,960 | Total Assessment | $6,346,440 |
PROPERTY TAXES
Parcel Number
4264-015-012
Land Assessment
$2,496,960
Improvements Assessment
$3,849,480
Total Assessment
$6,346,440
Listing ID: 26874723
Date on Market: 10/17/2022
Last Updated:
Address: 12324 Montana Ave, Los Angeles, CA 90049
The West Los Angeles Multifamily Property at 12324 Montana Ave, Los Angeles, CA 90049 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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