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3517 Montclair St 8 Unit Apartment Building Offered at $1,450,000 at a 6.40% Cap Rate Los Angeles, CA 90018
EXECUTIVE SUMMARY
3517 Montclair Street delivers a rare stabilized multifamily opportunity in the heart of the growing West Adams and Jefferson Park corridor. The property consists of eight 1923 bungalow style units positioned around an open courtyard, creating a low density setting that continues to attract long term renters.
Listed at a 6.40% CAP rate and supported by a low cost basis of $181,250 per unit and $263/SF, the asset offers both strong in place income and clear upside. The surrounding neighborhood features rapid revitalization, new restaurants, improved transit access, and steady demand driven by its central location near major employment hubs. This combination positions the property as a compelling investment with durable cash flow and future value potential.
Listed at a 6.40% CAP rate and supported by a low cost basis of $181,250 per unit and $263/SF, the asset offers both strong in place income and clear upside. The surrounding neighborhood features rapid revitalization, new restaurants, improved transit access, and steady demand driven by its central location near major employment hubs. This combination positions the property as a compelling investment with durable cash flow and future value potential.
PROPERTY FACTS
| Price | $1,450,000 | No. Units | 8 |
| Price Per Unit | $181,250 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 5,496 SF |
| Cap Rate | 6.40% | No. Stories | 2 |
| Gross Rent Multiplier | 10.78 | Year Built | 1923 |
| Price | $1,450,000 |
| Price Per Unit | $181,250 |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| Gross Rent Multiplier | 10.78 |
| No. Units | 8 |
| Property Type | Multifamily |
| Building Size | 5,496 SF |
| No. Stories | 2 |
| Year Built | 1923 |
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PROPERTY TAXES
| Parcel Number | 5051-017-007 | Improvements Assessment | $49,923 |
| Land Assessment | $53,694 | Total Assessment | $103,617 |
PROPERTY TAXES
Parcel Number
5051-017-007
Land Assessment
$53,694
Improvements Assessment
$49,923
Total Assessment
$103,617
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3517 Montclair St
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