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
Laundry FeaturesCommon Area
Street SuffixAvenue
Total Stories3
General for 11920 Montana Avenue
Attached Garage Yes
Buyer Agent Compensation1.000
Buyer Agent Compensation Type%
Cap Rate4
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
Gross Income397140
HOA / Comm AssnNo
LevelsThree Or More, Multi/Split
Lot Size Square Feet9218
MLS AreaC06 - Brentwood
Net Operating Income242591
New ConstructionNo
Occupancy DescriptionTenant
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Standard StatusActive
StatusActive
Street NameMontana
Tenant PaysElectricity, Gas
Total Units10
ViewGolf Course
View Y/NYes
Year Built1963
Year Built SourceAssessor
ZoningLAR3
Exterior for 11920 Montana Avenue
Building Area Total13244
Lot Size Acres0.2116
Lot Size Area9218
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings10
Parking FeaturesAttached Carport
Total Parking14
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480