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.
MLS #
CRSB24008645
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Pool
None
Garage/Parking
Garage: 4 Car(s)
Listing Agent
Robert Sillman
Lyon Stahl Investment Real Estate, Inc.
License #: 02145409
Phone: (310) 908-5092
Co-Listing Agent
David Messiah
Lyon Stahl Investment Real Estate, Inc.
License #: 02117893
Phone: (310) 561-2384
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 4 |
1902 Montana Ave is a Residential Income in Santa Monica, CA 90403. This – square foot property sits on a 6,011 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,550,000 and was built in 1939.
This address can also be written as 1902 Montana Ave, Santa Monica, CA 90403.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 08, 2024. For the most current information, please contact Robert Sillman, (310) 908-5092