Santa Monica, CA 90403,1902 Montana Avenue
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Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue
Santa Monica, CA 90403,1902 Montana Avenue

$2,550,000

Est. payment /mo

$2,675,000

4.7%
Est.Price: ?

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1902 Montana Avenue Santa Monica, CA 90403

5 Beds

SOLD DATE : 03/07/2024

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

Property Sub-Type Res Income 2-4 Units

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.

Location

State CA

County Los Angeles

Zoning Public Rec

Exterior

View Y/N No

Building

Story 2

Others

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Robert Sillman Lyon Stahl Investment Real Estate, Inc.
Bought with Robert Sillman Lyon Stahl Investment Real Estate, Inc.
Pam Wenhe

Pam Wenhe

Broker | License ID: 01325484

+1(619) 892-3300

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