Los Angeles, CA 90049 11920 Montana Avenue
$6,500,000
Presented By: Michael R. Fukushima with Keller Williams Downtown LA;
Home Details
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*
Presented By: Michael R. Fukushima with Keller Williams Downtown LA;
Interior Features for 11920 Montana Avenue
Bedrooms
Total Bedrooms21
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths19
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories3
General for 11920 Montana Avenue
Additional Parcels Y/NNo
Attached Garage Yes
Cap Rate4.0
Carport Y/NYes
CityLos Angeles
CountyLos Angeles
Days on Market
DirectionsProperty is near the intersection of San Vincente Blvd and Montana Ave. Please use Google Maps for specific directions.
Facing DirectionNorth
Garage Y/NNo
Gross Income397140.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore, MultiSplit
Lot Size Square Feet9218.0
MLS AreaC06 - Brentwood
MobileHomeRemainsYNNo
Net Operating Income242591.0
New ConstructionNo
Occupancy DescriptionTenant
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameMontana
Tenant PaysElectricity, Gas
Total Units10
ViewGolfCourse
View Y/NYes
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor
ZoningLAR3
Exterior for 11920 Montana Avenue
Building Area Total13244.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2116
Lot Size Area9218.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings10
Open Parking Y/NNo
Parking FeaturesAttachedCarport
SpaNo
Total Parking14.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480