11920 Montana Avenue Los Angeles, CA ^$ 6,500,000

11920 Montana Avenue

^$ 6,500,000

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11920 Montana Avenue

Los Angeles, CA, 90049

^$ 6,500,000

Bedrooms21 Baths19.0 Sq 13,244

Monthly Estimate*

^$ 45,404

Listed by Keller Williams Downtown LA

11920 Montana Avenue, Los Angeles, CA 90049 - Image 1

11920 Montana Avenue, Los Angeles, CA 90049 - Image 2

11920 Montana Avenue, Los Angeles, CA 90049 - Image 3

Multi-Family Home for sale in Los Angeles, CA

for $6,500,000 with 21 bedrooms and 19 full baths. This 13,244 square foot home was built in 1963 on a lot size of 0.2116.

Generational Asset in Prime Brentwood! We are proud to present this 13,244 SF building comprised of two 3 bed/ 2 bath penthouse style units comprising the whole 3rd floor, Seven - 2 bed/ 2 bath units, and One - 1 bed/ 1 Bath units. Two of the 2Bed/2Bath units will be delivered vacant at Close of Escrow. All the units are extremely spacious allowing a savvy investor to maximize the income potential. 80% of the units have been renovated and redone including quartz countertops, and walk-in closets. The elevator was updated 3 year ago. Beyond the top value for these beautiful units, there is even more value in its location. It is a short walk to San Vicente and all of the luxury amenities that Brentwood has to offer. This property also features on-site parking, on-site laundry, and the seismic retrofitting has already been completed by the Seller. Units have received the allowable rental increases in February of 2024. *Drive by only! Do not disturb the tenants*

Multi-Family Active

Price

^$ 6,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2116

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24376837

Days on Market

Features

General

Zoning LAR3

Year Built 1963

Tenant Pays Electricity Gas

View GolfCourse

Levels ThreeOrMore MultiSplit

Gross Income 397140.0

County Los Angeles

Net Operating Income 242591.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Facing Direction North

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Property is near the intersection of San Vincente Blvd and Montana Ave. Please use Google Maps for specific directions.

City Los Angeles

View Y/N Y

Senior Community Y/N N

Total Units 10

MLS Area C06 - Brentwood

Lot Size Square Feet 9218.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Street Name Montana

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Standard Status Active

Occupancy Description Tenant

Year Built Source Assessor

Cap Rate 4.0

Exterior

Parking Features AttachedCarport

Total Parking 14.0

Lot Size Area 9218.0

Number of Buildings 10

Spa N

Building Area Total 13244.0

Lot Size Acres 0.2116

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features CommonArea

Total Bedrooms 21

Electric On Property Y/N N

Total Baths 19

Internal Only

Street Number 1 11920

* Excluded Features

List By

Keller Williams Downtown La

Broker

(818) 321-6490

Phone

Affordability Calculator

$45,404

Per Month

Monthly Principal & Interest: $45,404
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,074

Percent of Sale Price 69%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/5/2024	$6,500,000		Listed Price

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11920 Montana Avenue, Los Angeles, CA, 90049 is a Multi-Family Home for sale at $6,500,000 with 13,244 sqft and a lot size of 0.2116. 11920 Montana Avenue has 21 bedrooms, 19.0 baths, and was built in 1963. The property's zip code is 90049 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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11920 Montana Avenue

Multi-Family Home for sale in Los Angeles, CA

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