This Multifamily Property is no longer advertised on LoopNet.com.

1315 Montana St
Los Angeles, CA 90026
Prime Echo Park/Dodger Stadium | 80% Upgraded · Multifamily Property For Sale · 10 Units

Investment Highlights

  • Premium Echo Park Location Along Elysian Park Hillside Next to Dodger Stadium, One Block from Sunset Boulevard
  • New Exterior Paint, New Windows, New Wood Railings and Façade, New Landscaping
  • Secluded on Quiet Street Next to Million Dollar Condominiums Constructed in 2014
  • Extensively Upgraded Property – 80% of Units Completely Renovated in Recent Years
  • Updated Interiors Feature New Electric Subpanels, Tankless Water Heaters, Copper Plumbing, White Quartz Countertops, and Stainless Steel Appliances
  • Current 4.06% CAP Rate with Approximately 37% Rent Upside

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.21 AC
Building Size 5,152 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Parking Ratio 1.94/1,000 SF
Zoning LARD1.5 - restricted Density Multiple Dwelling

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Views
  • Yard
  • Dining Room
  • Double Pane Windows
  • Patio

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 $1,085 400
1+1 6 $1,635 550

Property Taxes

Property Taxes

Parcel Number
5406-011-007
Land Assessment
$1,723,800
Improvements Assessment
$826,200
Total Assessment
$2,550,000
  • Listing ID: 27861357

  • Date on Market: 3/1/2023

  • Last Updated:

  • Address: 1315 Montana St, Los Angeles, CA 90026

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